Having Portland startup Investment 529, attacking bicycle thieves is simply the beginning
Operating away from a workplace highest a lot more than Road Avenue, a group of Portlanders features spent the very last 12 months privately building what would function as state’s very committed bicycle-particular app providers.
Funded out of pocket by about three co-creators and you will added because of the direct journalist of your own Xbox, the 10-individual company contacting itself Endeavor 529 strike the Internet sites last month that have an internet and you can cellular application you to aspires to be an effective next-age bracket Stolen Bicycle Registry in accordance with a practices-catching petition inquiring ebay and Craigslist to start requiring serial number on bikes they sell.
J Allard, their ballcap-clad Ceo, states the company might make “the brand new eHarmony from trails,” coordinating cyclists to their primary outside activities. Or this may track restoration reminders and you may physical fitness behavior, to get to “the typical Joes” exactly what Allard states the fresh half dozen-year-old Strava was getting “advantages.” Otherwise this may end up being an electronic digital toolkit to own bike sites you to need to posting its features so you’re able to take on on the web discounters.
“We’re convinced much time-name,” Allard said when you look at the a job interview Wednesday. “I want to function as the respected brand that assists you earn significantly more from the bicycle.”
But the best section of Enterprise 529, that is pronounced “five a few 9” into the reference to the occasions off rest and you will athletics, is exactly what it wants to do
Wherever the business was on course, its basic device, a free bicycle registry and stolen bicycle revealing tool titled “529 Driveway” without obvious revenue model, indeed seems great:
