Lime (formerly Neutron Holdings) was founded in 2017 by Toby Sun and Brad Bao. The company has not officially endorsed a plan to participate in an IPO.
Lime operates an extensive network of shared bikes and scooters. The company has raised over $775 million in Venture Capital funding from investors including Alphabet, GSV Capital, Coatue Management, Andreessen Horowitz, GGV Capital, Bling Capital, Akkadian Ventures, Bain Capital Partners, FJ Labs, Sutter Rock Capital, BMW iVentures, IVP, Fifth Wall, GV, and Fidelity. Per company press releases, Lime last raised $310 million in February 2019 at a post-money valuation of $2.4 billion.