Gi Fly

Company profile

Gi Fly company profile

A national transportation strike in Argentina inspired us to combine software and hardware to solve issues within urban areas. OUR MILESTONES: -Incorporated in Delaware in 2014. -Opened offices in China, New York, and Argentina. -Validated our first product with pre-sales of ~1 million dollars. -Patented the product and registered trademarks for our logo and brand names. -Launched the Gi Fly mobile app for both iOS and Android platforms. -Attained all product compliance and safety certifications. -Finalized the set-up of our mass production and assembly line. -Defined our global logistics network. THE PROBLEM: Americans spent 8 billion hours in traffic in 2015. Governments are investing in bike infrastructure and cars are being banned from city-centers. Since the inception of the bicycle 200 years ago, there has been no drastic leap in bicycle design. OUR SOLUTION: Gi Fly is an electric, smart, maintenance-free, folding bicycle with full size wheels. It is the fastest folding bicycle ever. All of the bike's features are controlled through the Gi Fly mobile app. THE MARKET: In 2014, the projected revenue of e-bikes sales for 2016 was $10 billion. The actual revenue was $16 billion. E-bikes with lithium-ion batteries, like Gi Fly, will see a 157% increase in volume and a 100% increase in revenue in the next 10 years. The overall e-bike market will see a 12.5% increase in volume in the next 10 years (Source: Navigant Research). OPPORTUNITY: We operate within two multi-billion dollar markets - bicycle/bike accessory market and the bike sharing market. AWARDS: -Argentina/Uruguay Top Innovator Under 35 2016 -AT&T Challenge Finalist 2016 -Hello Tomorrow Finalist 2016 -VentureBeat Top Start-Up North America 2016 -UPS Export Challenge Winner 2016 -British Department of International Trade Finalist 2016 -MIT Technology Review's Innovator Under 35 Uruguay + Argentina 2016 -Microsoft + United Airlines Award for Innovation 2017