Bird Rides IPO

bird.coTransportationFounded: 2017Funding to Date: $768.48MM

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.

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Valuation

Date of Last Funding Round

January 2020

Amount Last Raised

$2.78 B

Value at Last Round

$75 MM

Total Funding to Date

$768.5 MM

Enterprise Value (based on primary financings)