Electrek · Jul 2026
Electrek’s hands-on review highlighted the Olto’s modularity, range, speed, and urban-transport positioning, and noted the company’s continued product momentum.
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Infinite Machine is a New York City-based automotive startup building premium personal electric vehicles / “non-cars” for urban mobility, led by co-founders Joseph and Eddie Cohen. Its first flagship product is the P1, and its newer line includes the Olto. [Official site][LinkedIn][TechCrunch]
Primary product
P1 personal electric vehicle (launch scooter)
Founded
2024
Headquarters
Long Island City, New York, United States
Team size
10-20
Industry
Automotive
Sub-industry
Personal electric vehicles / micromobility
Offices
Business model
Stage
Seed
Total raised
$9.3M
Latest round
Seed · Oct 2024
Latest amount
$9.3M
Oct 2024 · Andreessen Horowitz
Leadership
Co-Founder & CEO
Co-Founder & President
Chief Operating Officer
Chief Technology Officer
Michael Fulton
Head of International
Shane Hantman
GTM Lead
Charlie Dixon
Creative Director
Obie Odom
Head of Growth
Sales Director
Head of Supply Chain
Investors
Mission-driven and design-led; the company emphasizes creative, curious, committed “kindred spirits,” hands-on building, and a post-car future for urban transportation.
Pricing
Premium direct-sale pricing with online configuration and accessories; P1 starts at $7,995 and Olto starts at $3,495.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$2M
Estimated monthly visits
86.2K
Traffic estimate as of Jul 2026
Electrek · Jul 2026
Electrek’s hands-on review highlighted the Olto’s modularity, range, speed, and urban-transport positioning, and noted the company’s continued product momentum.
WIRED · Apr 2026
WIRED reviewed the Olto as a premium, design-forward urban vehicle, discussing app-based controls, battery/charging, pricing, and the vehicle’s car-replacement positioning.
The Verge · Apr 2026
The Verge described the Olto as a fast, heavy, car-replacement-style vehicle with multiple legal ride modes and a strong app and anti-theft feature set.
TechCrunch · Jun 2025
TechCrunch covered the Olto reveal, noting the seated scooter would cost $3,495, target bike-lane-friendly urban use, and extend Infinite Machine’s product line beyond the P1.
TechCrunch · Oct 2024
TechCrunch reported Infinite Machine’s seed financing and investor roster, including a16z American Dynamism, Adjacent, Necessary Ventures, and several founder-angels.