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

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