Fleet Cycles

Website

Fleet Cycles Inc.

10 Investors
Electric Cargo Bikes
MONONA, WI

Fleet Cycles Inc. is a Wisconsin-based company that specializes in mobility and defense technology by designing and manufacturing high-capacity electric cargo bikes. The firm focuses on sustainable transportation solutions, particularly for heavy-duty commercial logistics, while addressing multiple challenges in the transportation sector.

Products & Team

PEM-V (Powered Electric Mobility Vehicle)

Electric TransportSeed

The PEM-V is an advanced electric cargo bike that is uniquely engineering to handle heavy loads while maintaining eco-friendliness. It features superior engineering capabilities tailored for commercial usage, making it a solution for various industries.

Value Proposition

The PEM-V provides a zero-emission alternative that decreases operating costs while addressing urban mobility challenges for short-distance trips, particularly in congested areas.

Pain Points

These customers face high operational costs, environmental compliance requirements, and challenges associated with traffic congestion and payload limitations of conventional vehicles.

800-pound payload capacity, exceeding standard cargo bike limits.Power steering, double wishbone suspension, dual motors, and sway bars for enhanced stability.Designed with fewer maintenance-requiring components to reduce upkeep costs.Customizable platform allowing specific cargo bed modifications for different industries.Developed in partnership with the US Air Force to meet military standards.
Industry
Other Technology
Primary business sector
Founded
2025
Year established
Location
MONONA, WI
Primary headquarters

Funding History

Total Raised:
$740.0K
E

Equity, Option to Acquire Offering

May 2025
$915.0K
Target
Progress
81%
Raised
$740.0K
Target
$915.0K
#000206808625000001