SAN DIEGO - nvtip -- FLX Bike, based in San Diego California has announced the launch of an equity Crowdfunding raise in partnership with StartEngine.

In 2020, FLX disrupted the bike industry with a stunning $13.7M crowdfunding campaign on Indiegogo offering its highly acclaimed Babymaker electric bike to the world market.

"FLX is breaking new ground in the way customers are engaging with urban transportation – and beyond. We have a lot more to do and with the help of our investors, we believe we're going to change the way people think about transportation forever. " said Rob Rast, Founder and President of FLX. "With this offering, anyone can take part of the electric mobility revolution!"

By partnering with StartEngine, FLX plans to raise funds by offering ownership to the community rather than restricting it to a small number of large investors. As of this release their campaign has raised over $380k with over 219 investors taking part.

More on nvtip.com

• IGT Money Mania Wide Area Progressive Driving Jackpot Excitement in Commercial Gaming Jurisdictions
• What Is An Advance Premium Tax Credit?
• Do You Have Any Experience With Play-To-Earn Games/NFTs?
• Comstock Realty Partners to showcase 850 unit mixed-use 'Modelo' Project at ICSC 2022 in Las Vegas
• Welcome AWATFIT The Fitness Truck to Fort Lauderdale

Since launching it's first electric bikes, FLX has achieved significant YOY sales growth with zero outside investment. The company has maintained an average 42% gross margin on products. With creative in house marketing achieving a strong 11X return on ad spend. FLX has delivered on their promise of bringing exceptional value to customers with a dynamic product, direct-to-consumer business model and dedicated customer service team.

Looking toward 2022, FLX will be adding staff, increasing inventory to keep up with the demand of their existing products, updating systems and launching new bike models. This crowdfunding offering provides an opportunity for investors, both large and small, to share in FLX's mission to deliver the best electric bikes and accessories to market.

To learn more about this investment opportunity, visit: https://www.startengine.com/flxbike

More on nvtip.com

• Digi-Key Electronics Wins Big at 2022 EDS Leadership Summit
• Cornerstone and Swiftlane Announce Strategic Technology Initiative to Create Safer Rental Communities in Denver
• Are Ambulance Rides Covered By Health Insurance?
• TOKYO SKYTREE Celebrates Its 10th anniversary! Let's Pay Homage to this Japanese Landmark and World's Tallest Freestanding Broadcast Tower
• Wally's NFT, wallstreetbets.com and Xavier Mortimer Announce Multi-Year Partnership Expanding the World of Magic into the Metaverse

ABOUT FLX:

FLX PERFORMANCE INC, (www.flx.bike) is based in San Diego California. FLX electric bikes are BOLD and sexy! Our team of professionals, cyclists and engineers create and deliver beautiful and powerful electric bikes a lower, direct-to-consumer price point. This innovative business model is what allows FLX to create affordable transportation that continues to broaden it's reach with each new release.

ABOUT STARTENGINE:

StartEngine is one of the leading equity crowdfunding platforms in the U.S., where everyday people can find and invest in early-growth companies and startups. StartEngine has helped more than 350 companies raise $150M+ from a community of over 250,000 prospective investors. Based in Los Angeles, the company was created in 2015 by Howard Marks, co-founder of Activision, and Ron Miller.