What is Bird Rides?
Bird Rides, Inc. provides innovative software solutions centered around electric vehicle sharing. The company's core offering is an application designed to help users locate and access nearby electric transportation options, primarily serving customers within California. This focus on accessible, eco-friendly mobility positions Bird Rides as a key contributor to smart city initiatives and the broader transition towards sustainable urban transit.
How much funding has Bird Rides raised?
Bird Rides has raised a total of $890M across 7 funding rounds:
Multiple Rounds
$415M
Series D
$350M
Debt
$5M
Debt
$90M
Debt
$30M
Series A (2018): $15M with participation from Craft Ventures, Tusk Ventures, Valor Equity Partners, Goldcrest Capital, and Lead Edge Capital Management
Series B (2018): $100M led by Upfront Ventures, Craft Ventures, Tusk Ventures, Valor Equity Partners, Index Ventures, and Goldcrest
Series C (2018): $300M supported by Upfront Ventures, CRV, B Capital, Craft Ventures, Greycroft Partners, Tusk Ventures, e.ventures, Sound Ventures, Valor Equity Partners, Index Ventures, Goldcrest, Accel, and Steamboat Ventures
Series D (2019): $350M featuring Steamboat Ventures and CDPQ
Debt (2020): $5M backed by PPP
Debt (2021): $90M with participation from MidCap Financial Trust and Apollo Investment Corporation
Debt (2023): $30M led by Travis VanderZanden and Shane Torchiana
Key Investors in Bird Rides
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
Upfront Ventures
Upfront Ventures is a venture capital firm located in Los Angeles that focuses on investing in technology businesses. Their investment areas include digital media, SaaS, consumer internet, and retail innovation. The firm aims to support startups and emerging companies within these sectors. Their intended clients are technology-driven businesses seeking capital for growth and innovation.
Craft Ventures
Craft Ventures is a venture firm focused on building great companies, particularly in the B2B technology sector. The firm is comprised of former founders and operators who provide valuable insights and access to senior talent for early-stage companies. Designed by founders for founders, Craft Ventures aims to be a low-maintenance yet high-value partner in the entrepreneurial journey. Their proven track record in scaling technology businesses positions them as leaders in the venture capital space.
What's next for Bird Rides?
With a significant enterprise-level funding history and recent strategic investment, Bird Rides is poised for continued expansion and technological advancement. The company's trajectory suggests a focus on scaling its operations, enhancing its fleet management capabilities, and potentially exploring new markets or service offerings. The substantial capital infusion will likely fuel research and development into more efficient vehicle technology, improved user experience, and robust infrastructure to support its growing user base. Bird Rides' strategic positioning indicates a commitment to solidifying its leadership in the micro-mobility market.
See full Bird Rides company page
