FoldyGo is an innovative inflatable bicycle helmet

Project summary

FoldyGo is the first innovative and best solution on the market for a compact, durable, inflatable, foldable, unbreakable and fully functional bicycle helmet. And a single solution for companies that provide bicycle, scooter, etc. rental services.

With our decision, we take away the last argument from those users who do not want to wear a helmet because of its bulkiness. And potentially the best solution for companies providing bike rental and sharing services.

Grand vision:

As we bring our product to market around the world, we want to make sure cyclists lose their last excuse not to wear a helmet. Because the best solution is available now!
And this is the FoldyGo helmet!

https://unicoway.com/

We are a Ukrainian startup team at an early stage of development, currently developing the first innovative product (hardware) on the market for B2C, B2B, B2G and B2B2C customers. And the good news is that the prototype (MVP) is already working great!

We are looking for our first investor and/or business partner to move and register a campaign for our project in a new location.

We are currently raising our first round of investment in the amount of 250 thousand USD, in return we are offering a 10% stake in the company (negotiating). The option of partnership (joining the co-founders of the project) is also possible, but the value of the % share and the amount of the entry are discussed individually!

Most likely, our solution will interest not only ordinary users, but also bicycle and scooter rental companies, as well as the governments of a number of countries where the use of our product is mandatory at the legal level.

Market:

TAM – USD 970 million now and about USD 1.2+ billion by 2024
SAM – USD 400+ million.
SOM – USD 20+ million.

B2C segment (on average 20%):
Bicycle owners and those who regularly use scooters, skateboards, roller skates, rafters, etc.

B2B (on average 80%) segment:
The main players of the bicycle and scooter rental market, chain retailers, etc.

What has already been done:
• A problem has been detected.
• A "proof of concept" was conducted.
• Ready working MVP (Beta).
• We studied competitors - our solution is the best on the market of other quality samples.
• Conducted initial market research - the market is growing rapidly in both the B2C (20%) and B2B (80%) segments.
• A business model has been developed.
• The "bone" of the team is assembled, but it is necessary to expand the team.

What's next:
• Completion of MVP (beta)
• In-depth marketing research
• Website development and registration of profiles in social networks
• Content creation
• Strengthening of the team and departments
• Launching a fundraising campaign on Kickstarter and IndieGoGo. We plan to raise at least 250K+ USD (there is a strategy!)
• Crash tests and Certification
• Patent + trademark
• Start of mass production in Ukraine (China)
• Start of mass sales (USA, Canada)
• Increase in production
• Expansion of the model range
• Access to new markets (EU, Great Britain, South America, Asia-Pacific region)

We are still in the research and development stage and we have not yet registered as a legal entity. At this point, we used our own resources. We haven't received any investments or grants yet.

* For more detailed information and a presentation (Pitch Deck), contact us through the appropriate form on our website: https://unicoway.com/