The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

About Downhill Commute

Downhill commute partners with companies to offer a unique benefit to their employees. Employees can purchase a $2000+ electric-assist bicycle (e-bike) using monthly payroll deductions spread over 24 months. Downhill commute encourages employers to subsidize the cost of the bicycle by contributing $20 per month (or more) towards the employee’s monthly payment of the bicycle. The US federal tax code allows pre-tax bicycle commuting benefit of $20 per month, in the same way that it allows parking, transit and flexible spending benefit schemes.Participants receive a voucher from downhill commute, which they use to purchase a bicycle from a partnering bicycle shop that is convenient to the participant. Downhill commute retains 20% of the purchase price of the bicycle and gives the remaining 80% to the bicycle shop (retailer margin on new bikes is typically 40%). Debt financing (using the employer guaranteed revenue scheme as collateral) provides capital to pay bicycle shops.

Downhill Commute Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

    Discover the right solution for your team

    The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

    Request a demo

    CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.