In a world where over 200 million adults suffer from reduced mobility, only 1 million power wheelchairs and 1 million three- and four-wheel scooters were produced last year. This has created a significant market opportunity for companies looking to fill this gap.

ABBY by GoGoTech is a highly functional intelligent wheelchair with advanced features that are easy to buy online with buy-it-now-pay-later financing for around $3,000. The company is motivated by the unfairness of the scarcity of Powered Mobility Devices (PMD), a market valued at over $4 billion today and expected to more than triple in the next few years. This is primarily due to the massive unmet needs of people with limited mobility and advances in lithium batteries and brushless motor technologies that allow for more advanced technology.

GoGoTech is raising funds to launch its 1,000-person wheelchair waitlist with estimated sales of $3 million. For a limited time Anyone can invest in the company.

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ABBY’s intelligent handrim technology and traditional rear-wheel drive format combined with quick-release components give the chair a competitive advantage in multiple categories and a large addressable market. The chair also features connectivity that makes ABBY a platform to overcome the economics of subscription hardware and develop its software business roadmap.

The cheapest powered devices on the market are mobility scooters, but they’re unstable, and anything with handlebars can’t maneuver in a home environment. Powered wheelchairs weigh hundreds of pounds, can cost tens of thousands, and require expensive vehicles with ramp systems for transportation. They also lack smart technology like cameras and sensors for security. Power add-on kits are some of the best solutions out there, but these typically cost $5,000 to $8,000—without the…