This Electric Skateboard Company Just Received $60 Million in a Series B Funding

Boosted, Inc. plans on expanding its footprint

In an age where it feels like everyone is fed up with public transportation and traffic, other first and last mile options like skateboards and scooters are seeing new life.

Take Boosted, Inc. an electric skateboard company founded in 2012 that just raised $60 million in a Series B round led by Khosla Ventures and iNovia Capital. The company plans on using the new flush of money to grow globally and expand into new products—right at a time when first- and last-mile transportation is heating up, as scooters continue to enter new cities.

“It’s been great to see … people recognizing that the vehicles are core to solving the last mile problem,” said Jeff Russakow, Boosted CEO.

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