Onewheel

Onewheel

Designs and manufactures high-performance electric skateboards

Overview

Onewheel designs and manufactures high-performance electric skateboards for personal transportation. Its boards, including the GT, Pint X, and Pint, are sold directly through onewheel.com and via authorized dealers, with financing options to spread payments over time. The product line consists of battery-powered boards with different ranges and speeds to suit various riders, and is complemented by a range of accessories like fenders, footpads, and chargers. The boards work by using an electric motor and battery to propel the rider as they balance and ride on a single wheel, providing a portable urban mobility option. Onewheel differentiates itself through a focused product lineup, California-made origin, and a direct-to-consumer model supported by financing and a network of dealers to reach more customers. Its goal is to grow in the electric personal transportation market by making its boards accessible to more riders and expanding its sales channels.

About Onewheel

Simplify's Rating
Why Onewheel is rated
D+
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D- on Differentiation

Industries

Robotics & Automation

Automotive & Transportation

Hardware

Consumer Goods

Company Size

51-200

Company Stage

Series A

Total Funding

$3.8M

Headquarters

Palo Alto, California

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Antic launch in January 2025 expands to mini bikes priced $2,100-$2,900.
  • Onewheel Adventures Dolomites trip sold out March 2025 with 30+ waitlist.
  • XR Classic relaunch November 2024 adds 30% more range boosting sales.

What critics are saying

  • CPSC recall for 24 deaths halts sales and destroys trust since September 2023.
  • Lawsuits from 20+ families allege defective acceleration causing bankruptcy risk.
  • Boosted Boards undercuts with cheaper boards eroding urban market share.

What makes Onewheel unique

  • Onewheel's self-balancing single-wheel design emulates snowboarding on pavement.
  • Patented hub motors and gyroscopes enable intuitive leaning control without remotes.
  • Antic mini bike integrates Onewheel tech for assisted wheelies and self-balancing.

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Funding

Total Funding

$3.8M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$3.2M
Onewheel
$5M
ByteDance
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Benefits

Medical, dental & vision

Ample time off

401k savings account

Casual work environment

Loaner boards & discounts

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

2%

2 year growth

-1%
UNI NETWORK GROUP
Nov 19th, 2025
Future Motion Unveils Antic: A Retro-Modern Self-Balancing Mini Bike Built with Onewheel Technology

Future Motion unveils Antic: A retro-modern self-balancing mini bike built with Onewheel technology. Future Motion, the Santa Cruz - based creator of the iconic Onewheel, has launched Antic, a new bike brand aimed at redefining fun personal mobility. The debut Antic mini bike delivers a modern reinterpretation of the classic 1970s mini bike - equipped with self-balancing Onewheel technology and an assisted wheelie mode that blends nostalgia with futuristic performance. Reviving retro mobility with modern engineering. Future Motion has spent over a decade shaping the micromobility landscape through its patented Onewheel systems. With Antic, the company expands beyond single-wheel platforms to tap into a growing market for compact electric vehicles infused with playful, lifestyle-focused design. The brand aims to bring back the "spark of childhood adventure" while capitalizing on consumer demand for uniquely engineered, American-built electric rides. Operational details: A mini bike powered by Onewheel intelligence. The Antic mini bike uses Onewheel hub motors, batteries, and tires to deliver torque-heavy acceleration and intuitive handling. Key features include: * Onewheel Mode for assisted wheelies and enhanced self-balancing * Hydraulic front suspension for smoother rides * Single-lever hydraulic and regenerative braking * Twist throttle for moped-style operation * iOS & Android app for customization * Base Model: 12 - 28 miles, launch price $2,100 * Long Range: 24 - 50 miles, $2,700 * Long Range+: 24 - 50 miles with Performance Treaded tires, $2,900 All units are designed and assembled in the United States - at the nation's largest light electric vehicle manufacturing facility. Economic impact: boost to U.S. Micromobility manufacturing. Antic's introduction supports U.S.-based innovation and manufacturing, strengthening domestic capability in the fast-growing light electric vehicle sector. With more than 110 patents, Future Motion contributes significantly to local employment and technological development. The product line's launch pricing and January shipping timeline also position Antic for strong early consumer adoption. Strategic significance: expanding Future Motion's mobility ecosystem. The Antic brand marks a strategic expansion of Future Motion's product ecosystem, moving beyond board sports to multi-wheel electric mobility. By integrating Onewheel's proven self-balancing system into a two-wheeler, the company signals its ambition to shape a broader segment of recreational and lifestyle mobility. Early reactions to Onewheel Mode indicate strong viral potential, echoing the enthusiasm seen during the early rise of Onewheel.

PR Newswire
Mar 25th, 2025
Onewheel'S First Adventure Tour Sells Out In Hours: Two Spots Available In An Exclusive Giveaway

SANTA CRUZ, Calif. and THE DOLOMITES, Italy, March 25, 2025 /PRNewswire/ -- Future Motion Inc., the maker of Onewheel, the iconic, self-balancing single-wheel electric board, launched its first Onewheel Adventures travel program: Onewheel Dream Destinations. This debut trip is a six-day journey through Italy's breathtaking Dolomites, a UNESCO World Heritage Site.The trip sold out in just hours, with over 30 people joining the waitlist. To give fans a final chance to join the coveted experience, Onewheel is giving away two free tickets via an Instagram contest

PR Newswire
Nov 28th, 2024
Biggest Onewheel Black Friday Sale Ever: Up To $700 In Savings

Shop the lowest prices ever on Onewheel boards, accessories, and product bundles available from November 28 to December 2SANTA CRUZ, Calif., Nov. 28, 2024 /PRNewswire/ -- Future Motion Inc., the maker of Onewheel, the iconic, self-balancing single-wheel electric board, is announcing its only major sale of the year with its biggest discounts to date this Black Friday and Cyber Monday. The sale starts at 10:00 AM PT on Thursday, November 28, 2024, and runs through to Monday, December 2, 2024, until midnight PT.Featured Deals:

Onewheel Utah
Nov 23rd, 2024
Are S-Series Motors the Best Upgrade for Your Onewheel?

Future Motion has released two new motors: the GT S-Series motor and the Pint S-Series motor.

stupidDOPE
Nov 18th, 2024
Future Motion Revives the Onewheel XR Classic with Modern Upgrades

Future Motion Inc., the brand behind the game-changing single-wheel electric board, has officially launched the Onewheel XR Classic.

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