Lime: Smart Urban Micromobility

8/06/2021 08:50:00 PM

Micromobility Invested by Uber – Attracts $170 Million Investment

Lime helps people move around their cities in an affordable and convenient way while eliminating their carbon footprint.

As part of this Uber-led investment, Lime acquires Uber's micromobility subsidiary, Jump. Close collaboration with Uber expected in the future.

Due to the impact of COVID-19, 13% of the workforce (80 people) was laid off in April, and the value of the company decreased from $2.4 billion in April 2019 to $510 million.

Lime

Lime aims to provide a sustainable solution to the first and last mile transportation problem by helping people move around their cities in an affordable and convenient way while eliminating their carbon footprint.

The company empowers future generations to change their behavior so we can save this planet together. From the electric scooter to the e-assist and pedal bike, experience the excitement of Lime’s smart mobility fleet.

General Information

Headquarters : San Francisco, CA
Founders : Adam Zhang, Brad Bao, Charlie Gao, Toby Sun
Categories : Cycling, Last Mile Transportation, Mobile Apps, Ride Sharing, Transportation
Founded : 2017
Contact : support@limebike.com

Funding

Investors: Alphabet, Bain Capital Ventures, GV, Manhattan Venture Partners, Uber
Funding Rounds (8) - $935M
May 7, 2020 Venture Round / $170M
May 1, 2019 Secondary Market
Feb 6, 2019 Series D / $310M
Jul 9, 2018 Series C / $335M
Jul 3, 2018 Secondary Market
Feb 15, 2018 Series B / $70M
Oct 16, 2017 Series B / $50M
Mar 15, 2017 Seed Round