Bird is a micromobility company that has distributed electric scooters designed for short-term rental to over 400 cities. Their vehicle sharing platform aims to provides affordable transportation solutions to communities across the world.
The company was founded by former Uber (and Lyft) executive Travis VanderZanden in September 2017. The Santa Monica company raised over $800M in total funding by the time it went public in May 2021 by merging with special purpose acquisition company Switchback II at an implied valuation of $2.3 billion.
Bird said it was able to raise $160M in private investment in public equity (PIPE), by institutional investor Fidelity and others, plus an additional $40M asset financing from Apollo Investment and MidCap Financial.
2021 • Public
Bird is a shared electric scooter startup that operates in more than 200 cities across three continents
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