Lime was founded in 2017 by Toby Sun and Brad Bao. TechCrunch reported in September 2023 that Lime is eyeing a potential IPO. CEO Wayne Ting spoke to TechCrunch saying: “we have the economics, the growth, the profitability to take Lime public hopefully as soon as the market permits.”
Lime is a transportation company that provides an operated network of bikes and scooters. Per Forge data, Lime raised $1.5 billion in funding over 11 rounds. Their latest funding was raised on Nov 5, 2021. Key investors include Uber, Bain Capital Ventures, Google Ventures, Croatue, Rainbow Technologies, KDDI Open Innovation Fund, and Fifth Wall.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/06/2019 | Series D | $310MM | $xx.xx | $2.51B | Andreessen Horowitz, Bain Capital Ventures, Fidelity Investments, GV, IVP, Alphabet, Coatue, DCM, Fifth Wall, GGV Capital, GIC, GSV Capital, FJ Labs, Bling Capital, GR Capital, St. Augustine Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,278,350,515
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
N/A
Key Investors
Andreessen Horowitz, Bain Capital Ventures, Fidelity Investments, GV, IVP, Alphabet, Coatue, DCM, Fifth Wall, GGV Capital, GIC, GSV Capital, FJ Labs, Bling Capital, GR Capital, St. Augustine Partners
|
||||||
08/20/2018 | Series C | $335.1MM | $xx.xx | $1.24B | GV, Alphabet, Uber, ATEL Capital Group, Alpha Venture Partners, Ascolta Ventures, Green Bay Ventures, Basis Set Ventures, Atomico, Andreessen Horowitz, GGV Capital, Fifth Wall Ventures, IVP, Moving Capital, Coatue Management, Fidelity Management & Research, BMW i Ventures, GIC Private | |
Price per Share
$xx.xx
Shares Outstanding
1,832,747,945
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
N/A
Key Investors
GV, Alphabet, Uber, ATEL Capital Group, Alpha Venture Partners, Ascolta Ventures, Green Bay Ventures, Basis Set Ventures, Atomico, Andreessen Horowitz, GGV Capital, Fifth Wall Ventures, IVP, Moving Capital, Coatue Management, Fidelity Management & Research, BMW i Ventures, GIC Private
|
||||||
02/16/2018 | Series B | $87.36MM | $xx.xx | $260MM | Coatue Management, Fifth Wall Ventures, Andreessen Horowitz, DCM Ventures, Franklin Templeton Investments, StartX, GGV Capital, AME Cloud Ventures, Section 32, The Durant Company, Rainbow Technologies, Equity Residential, CBRE Group (Los Angeles), Lennar, Hines Corporation, Macerich, Prologis, Host Hotels & Resorts, NGP Capital, IMO Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,305,511,387
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
N/A
Key Investors
Coatue Management, Fifth Wall Ventures, Andreessen Horowitz, DCM Ventures, Franklin Templeton Investments, StartX, GGV Capital, AME Cloud Ventures, Section 32, The Durant Company, Rainbow Technologies, Equity Residential, CBRE Group (Los Angeles), Lennar, Hines Corporation, Macerich, Prologis, Host Hotels & Resorts, NGP Capital, IMO Ventures
|
||||||
04/06/2017 | Series A-1 | $510,132 | $xx.xx | $30.2MM | Andreessen Horowitz, Stanford University Venture Fund, DCM Ventures, IDG Capital, Danhua Capital, Decent Capital, Immersion Ventures, Jason Zeng, Free Wu, UpHonest Capital, Gang Wang | |
Price per Share
$xx.xx
Shares Outstanding
172,932,100
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
N/A
Key Investors
Andreessen Horowitz, Stanford University Venture Fund, DCM Ventures, IDG Capital, Danhua Capital, Decent Capital, Immersion Ventures, Jason Zeng, Free Wu, UpHonest Capital, Gang Wang
|
||||||
04/06/2017 | Series A | $12MM | $xx.xx | $42.2MM | Andreessen Horowitz, Stanford University Venture Fund, DCM Ventures, IDG Capital, Danhua Capital, Decent Capital, Immersion Ventures, Jason Zeng, Free Wu, UpHonest Capital, Gang Wang | |
Price per Share
$xx.xx
Shares Outstanding
747,164,100
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
N/A
Key Investors
Andreessen Horowitz, Stanford University Venture Fund, DCM Ventures, IDG Capital, Danhua Capital, Decent Capital, Immersion Ventures, Jason Zeng, Free Wu, UpHonest Capital, Gang Wang
|