This Smart Bike-Sharing Startup Is Looking To Blaze A New Path

viaCycle

viaCycle was originally hatched by five engineers during post-graduate studies at Georgia Tech University.

The startup viaCycle is a different type of bike-sharing model. It's a "Smart Bike-Sharing" company looking to blaze a path through Atlanta and eventually the rest of the country.

What makes viaCycle different from programs like Citi Bike in New York City?

The bikes will be GPS-enabled, meaning users can lock and unlock bicycles through a phone call, text, or mobile app.

The company also won't have to build docking stations because the bikes don't need one — the app will show users the nearest area to pick up and drop off their rentals. This means the bikes can be locked to any standard bike rack, which also cut costs by one-third when compared to other similar kiosk-based sharing systems.