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About Onewheel
Industries
Automotive & Transportation
Consumer Goods
Company Size
51-200
Company Stage
Series A
Total Funding
$3.8M
Headquarters
Palo Alto, California
Founded
2013
Overview
Onewheel designs and manufactures electric skateboards that provide an exciting way to travel for urban commuters and tech-savvy consumers. Their product lineup includes models like the Onewheel GT, Pint X, and Pint, each offering different ranges and speeds to suit various rider preferences. Onewheel's boards operate on a single wheel, allowing for a unique riding experience that combines balance and agility. Unlike many competitors, Onewheel focuses on direct-to-consumer sales through their website and authorized dealers, which helps them maintain a close relationship with their customers. They also offer financing options to make their products more accessible. The goal of Onewheel is to transform everyday commutes and errands into enjoyable adventures while promoting the use of electric personal transportation.
Simplify's Take
What believers are saying
- Growing interest in electric personal transportation boosts Onewheel's market potential.
- Onewheel Adventures program taps into the experiential travel trend, expanding brand reach.
- Successful events like Race for the Rail foster a strong community and brand loyalty.
What critics are saying
- Increased competition from brands like Boosted Boards threatens market share.
- Potential environmental concerns over production and disposal could impact brand image.
- Rapid tech evolution risks Onewheel products becoming outdated quickly.
What makes Onewheel unique
- Onewheel offers unique single-wheel electric boards, unlike traditional multi-wheel skateboards.
- Their products combine recreation and transportation, appealing to urban commuters and adventure seekers.
- Onewheel's direct-to-consumer model enhances customer engagement and brand loyalty.
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Funding
Total Funding
$3.8M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Medical, dental & vision
Ample time off
401k savings account
Casual work environment
Loaner boards & discounts
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -2%2 year growth
↑ 3%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
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:
Future Motion has released two new motors: the GT S-Series motor and the Pint S-Series motor.
Future Motion Inc., the brand behind the game-changing single-wheel electric board, has officially launched the Onewheel XR Classic.
SANTA CRUZ, Calif., Nov. 7, 2024 /PRNewswire/ -- Future Motion Inc., the maker of Onewheel, the iconic, self-balancing single-wheel electric board, is announcing the launch of the XR Classic, a reimagined version of its best-selling board of all time, the Onewheel XR (now available at Onewheel.com). Back by popular demand, the updated edition combines the same classic design and feel that riders love but features the latest upgrades, including a lowered platform for more stability, a major performance boost, and 30% more range.Meet the new Onewheel XR Classic (VIDEO)
Onewheel is Hiring for 1 Jobs on Simplify!
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Mechanical Engineering
1 Open Roles
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About Onewheel
Industries
Automotive & Transportation
Consumer Goods
Company Size
51-200
Company Stage
Series A
Total Funding
$3.8M
Headquarters
Palo Alto, California
Founded
2013
Onewheel is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today
Mechanical Engineering
1 Open Roles
People Also Viewed
Discover companies similar to Onewheel