LOVARO
New York
About LOVARO
Most urban e-bikes force people to limit and adapt behavior around stubborn engineering initially intended for other activities like mountain riding or road racing. These vehicles fail to meet the practical needs of people running errands, shopping, commuting to work, riding with kids, or socializing with friends. Focused on these activities, we designed ROME from the ground up as the ideal blend of safety, utility, performance, and beauty. MARKET LANDSCAPE The experience of riding a bicycle is one that we all share, and nearly everyone loves. Still, too many city cyclists are dissatisfied with products that fail to meet their everyday needs. Confronted with many offerings, consumers have few meaningful choices. Most e-bike manufacturers focus on aggressively masculine or utilitarian styling, leaving riders practical and emotional needs largely undressed. Without useful innovation, these products alienate mainstream urbanites who perceive them as little more than expensive toys with a weak value proposition. OUR SOLUTION In this context, we introduce the ROME eMotorTrike. Our scalable platform blends the safety and utility of a traditional tricycle with the agility and ride-performance of a premium electric bike. Its timeless aesthetic speaks to millennials, boomers, urbanites, couples, and young families.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: Less than $1M
- Total funding: $969.8K
- Funding stage: Seed
- Last round: Non-Equity Assistance (Jan 2021)
- Website: lovaro.com
- Phone: 626-818-9061
Industries & Categories
E-Commerce, Smart Cities, Transportation
Social Profiles
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