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Euphree
Houston, US · Founded 2020 · Delaware corporation
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Euphree designs and sells electric bikes with an upright riding position, integrated frame wiring, and a comfort kit including a wide saddle and suspension seatpost. The USA-based direct-to-consumer brand also sells through retail dealer partners and its bikes are UL 2849 and UL 2271 safety certified.
Founders & leadership
Euphree was founded in 2020 by Daniel Basaldua.
DB
Daniel BasalduaFounder | CEODaniel Basaldua holds an M.S. in Mechanical Engineering from The University of Texas-Pan American and worked as a process engineer in the oil and energy sector before co-founding Euphree, a direct-to-consumer electric bike brand.
Reported raises · per SEC filings
Form D private placements$3.3M disclosed across 2 rounds · 2020–2024
▶$2.5MraisedFeb 2024 · 34 investors · Other TechnologyRule 506(b)
▶$2.5MraisedFeb 2024 · 34 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Thomas MarchandDirector
- Oluwaseun OgunjumoDirector
- Daniel BasalduaExecutive Officer, Director
- Offering amount
- $4M
- Amount sold
- $2.5M
- First sale
- Feb 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$760KraisedSep 2022 · 26 investors · Other Technology
▶$760KraisedSep 2022 · 26 investors · Other Technology
Officers, directors & promoters on the filing
- Daniel BasalduaExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $760K
- First sale
- Sep 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 04
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 3
Magnum BikesMagnum designs, engineers, and builds electric bikes, managing its own component selection and molds, with quality assurance done in Salt Lake City, Utah and partner factories overseas. It sells e-bikes for commuting, errands, recreation, and car replacement through a nationwide U.S. network of independent bike shops, company-owned stores, and customer support.
UpwayUpway, founded in 2021, sells refurbished electric bikes that are inspected and repaired by its in-house mechanics, sold at reduced prices with a 12-month warranty and home delivery. It sources bikes from manufacturers, bike shops, and individuals, operating in France and internationally including Germany, Austria, Switzerland, the Netherlands, Belgium, and the United States.
NewurtopiaUrtopia designs and sells lightweight carbon fiber electric bikes with premium components and smart features, including integrated ChatGPT technology. The e-bikes are sold direct to consumers across models such as folding, step-through, and cruiser frames.
Companies working in the same space as Euphree.
Frequently asked questions
- What does Euphree do?
- Euphree designs and sells electric bikes with an upright riding position, integrated frame wiring, and a comfort kit including a wide saddle and suspension seatpost. The USA-based direct-to-consumer brand also sells through retail dealer partners and its bikes are UL 2849 and UL 2271 safety certified.
- Who founded Euphree?
- Euphree was founded by Daniel Basaldua in 2020.
- How much funding has Euphree raised?
- Euphree has disclosed $3.3M raised across 2 rounds.
- Where is Euphree headquartered?
- Euphree is headquartered in Houston, US.