CycleBoard

Seed

Ride with stability

Three-wheeled, lean-to-steer electric scooters designed for stable and accessible personal mobility.

Founded January 2015Costa Mesa, CA~9 peopleUndisclosed (crowdfunded) raisedFeatured at Seed

Electric VehicleMicro MobilityScooterHardwareConsumerTransportationPatented Technology

About

CycleBoard is a California-based electric vehicle startup that designs and manufactures patented three-wheeled, stand-up electric scooters with lean-to-steer technology. Founded in 2015 by Phillip LaBonty — a U.S. Army veteran, former firefighter, and serial entrepreneur who previously built a finance company to $40M in annual sales — CycleBoard's vehicles feature a unique dual-front-wheel, single-rear-wheel configuration with a stability bar that provides superior balance and control compared to traditional two-wheeled scooters. The scooters support riders up to 275 pounds and can carry cargo or pull a trailer, making them versatile for both recreation and last-mile transportation. CycleBoard launched via a successful Kickstarter campaign that raised over $147,000 (more than double its $70,000 goal) and later raised crowdfunding on StartEngine at a $12M pre-money valuation. The company reported $4.9M in lifetime sales by 2020 and saw 110% sales growth during the pandemic as demand for personal electric mobility surged.

DailyDropout Take

CycleBoard caught our eye as a unique take on micro-mobility — instead of competing in the crowded two-wheeled scooter space, founder Phillip LaBonty patented a three-wheeled lean-to-steer design that makes electric scooters accessible to a much wider audience. With $4.9M in lifetime sales and 110% pandemic growth, the company proved there's real demand for stable, versatile personal electric vehicles.

Discovery signal: Patented three-wheeled design in a two-wheeled market, strong Kickstarter validation, impressive pandemic sales growth, founder with successful prior exit.

What Makes Them Unique

CycleBoard's patented three-wheeled lean-to-steer design offers significantly more stability than traditional two-wheeled scooters, supporting riders up to 275 lbs and enabling cargo hauling — opening electric scooters to riders who would otherwise feel unsafe on two wheels.

$4.9M

Lifetime Sales (2020)

110%

Pandemic Sales Growth

$147K

Kickstarter Raised

$12M

Pre-Money Valuation

Target Markets

Personal MobilityLast-Mile TransportationRecreationCargo Transport

Founders

Phillip LaBonty

Founder & CEO

U.S. Army veteran who received a Bronze Star during Desert Storm. Former firefighter and EMT. Previously founded and operated a finance company reaching $40M in annual sales. Holds multiple design and utility patents for CycleBoard's technology. BS in Biomechanics from Auburn University.