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The Venture Codex

Inboard

Ziemeļu Str. 12-207, Lidosta, Marupe Municipality, LV-1053, Latvia

Overview

Inboard sells electric scooters and skateboards and has launched general availability of its first premium scooter, the Glider, its second product after the M1 electric skateboard. The Glider retails for $999 on pre-order (rising to $1,299 after 12/31/18), features a swappable battery and an integrated app that provides location, traffic, diagnostics and maintenance alerts. The scooter emphasizes safety with headlights, brake lights, turn signals, larger tires, a wider deck, and a rider-height design below the axle centerline. Gliders include a three-axis accelerometer that detects vibrations to inform riders about road obstacles via the app. Inboard sold 285 Gliders in a private pre-sale, with about 80% of orders from the U.S. and 35% from California. The company is backed by $11.7 million in venture financing from investors including Upfront Ventures, LION Smart, Sunstone Capital and Sweet Capital.

Total raised
$12M
Funding rounds
1
Latest round
Equity
Latest activity
Nov 2018

Industries

  • Consumer Electronics
  • Software
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Recent funding

  1. Equity

    Nov 2018

    $12M

Team