Download the executive summary to further explore and share the deal

EXECUTIVE CONTACT

Kevin Ellyson
Cell: 1 (310) 208-9250
E-mail: kevin.ellyson@sunscooter.co

Let me introduce you to Kevin Ellyson of Sun Scooter. They are actively ramping up to put on-demand electric scooter rentals in Southern California cities such Los Angeles, Newport Beach and Santa Ana. Currently they are finishing up an investment round, I thought you may want to get in early.

Major institutional investors including Accel, Index Ventures, and Fidelity plus early executives from brands like Paypal are pouring millions and billions into the on-demand scooter space further validating the concept.

 

DEAL HIGHLIGHTS:

> Fast immediate revenue growth from consumers utilizing the scooters in their city

> Very few competitors in the space, huge valuations north of a billion

> Team includes an operational manager has come from the top competitor in space: bird

> Competitively priced for consumers to aggressively take market share and acquire customers

> Other newcomers are getting acquired at huge multiples by companies like Ford