Bird Rides (“Bird”) was founded in 2017 by Travis VanderZanden. The company has not officially endorsed a plan to participate in an IPO.
Bird operates a platform where users can access a network of electric scooters and bikes from their smartphones. According to the company’s website, Bird currently operates in over 100 cities around the world. The company has raised over $775 million in Venture Capital funding from investors including Idinvest Partners, Target Global, Moving Capital, Tao Capital Partners, TripleVenture Growth Partners, CRV, e.ventures, Greycroft, Hinge Capital, Relay Ventures, Sound Ventures, Accel, Sequoia Capital, Troy Capital Partners, Upfront Ventures, Craft Ventures, Target Global, and Goldcrest Capital. It has been widely reported that Bird last raised $75 million in January 2020 at a post-money valuation of $2.8 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/27/2020 | Series D-3 | $6.77MM | $xx.xx | $2.78B | Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth | |
Price per Share
$xx.xx
Shares Outstanding
524,229
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth
|
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01/27/2020 | Series D-2 | $68.23MM | $xx.xx | $2.78B | Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth | |
Price per Share
$xx.xx
Shares Outstanding
5,281,758
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth
|
||||||
10/03/2019 | Series D-1 | $8.51MM | $xx.xx | $2.71B | Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth | |
Price per Share
$xx.xx
Shares Outstanding
658,416
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth
|
||||||
10/03/2019 | Series D | $266.49MM | $xx.xx | $2.71B | Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth | |
Price per Share
$xx.xx
Shares Outstanding
20,630,203
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cdpq, Moving Capital, Pegasus Tech Ventures, Relay Ventures, Reshape Holdings, Sequoia Capital, Tao Capital Partners, Triplepoint Venture Growth
|
||||||
06/28/2018 | Series C | $150MM | $xx.xx | $1B | Accel, Canaan Partners, Sequoia Capital, Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
23,626,140
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Canaan Partners, Sequoia Capital, Undisclosed Investors
|
||||||
06/28/2018 | Series C-1 | $150MM | $xx.xx | $1B | Accel, Anthem Venture Partners, B Capital, Bracket Capital, Craft Ventures, Crv, E.Ventures, Evolution Corporate Advisors, Goldcrest, Greycroft, Hinge Capital, Index Ventures, Pritzker Group Venture Capital, Science, Sequoia Capital, Sound Venture, Tusk Ventures, Upfront Ventures, Valor | |
Price per Share
$xx.xx
Shares Outstanding
12,770,848
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Anthem Venture Partners, B Capital, Bracket Capital, Craft Ventures, Crv, E.Ventures, Evolution Corporate Advisors, Goldcrest, Greycroft, Hinge Capital, Index Ventures, Pritzker Group Venture Capital, Science, Sequoia Capital, Sound Venture, Tusk Ventures, Upfront Ventures, Valor
|
||||||
03/09/2018 | Series B | $100MM | $xx.xx | $400MM | Bracket Capital, Craft Ventures, Goldcrest Capital, Index Ventures (Uk), Simon Ventures, Troy Capital Partners, Tusk Ventures, Upfront Ventures, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
31,466,331
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bracket Capital, Craft Ventures, Goldcrest Capital, Index Ventures (Uk), Simon Ventures, Troy Capital Partners, Tusk Ventures, Upfront Ventures, Valor Equity Partners
|
||||||
02/13/2018 | Series A | $14.48MM | $xx.xx | $60MM | Craft Ventures, Goldcrest Capital, Lead Edge Capital, Tusk Ventures, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
19,738,093
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Craft Ventures, Goldcrest Capital, Lead Edge Capital, Tusk Ventures, Valor Equity Partners
|
||||||
06/09/2017 | Series Seed | $4MM | $xx.xx | $15MM | Nav.Vc, Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
9,787,845
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Nav.Vc, Undisclosed Investors
|