Spin helps people move around in cities by offering a convenient, affordable, and environmentally-friendly mode of last-mile transportation. Its fleet of GPS-equipped, orange-colored smart-bikes can be unlocked by scanning a QR code, and can be dropped off at any existing bike parking spots, all at no cost to cities. Spin is also committed to improving urban living via the Spin Cities Project, which funds local bike infrastructure programs. Spin is a Series A venture-backed company based in San Francisco, founded by Lyft, Disqus, and Y Combinator alumni.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
05/26/17 | $8,000,000 | Series A |
Charlie Cheever CRCM Grishin Robotics Matt Brezina | undisclosed |