Spin (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- May 26, 2017
- Vertical
- Transportation
- Funding URL
- View Funding Page
- Funding Amount:
- $8,000,000
Company Info
- Founders
- Derrick Ko
- Company Description
- 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.
- Market
- Urban Mobility
- Location
- San Francisco, CA, USA
- Coinvestors
- Charlie Cheever, CRCM, Grishin Robotics, Matt Brezin