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Bird (company)

Bird (company)

Bird is a company developing a vehicle sharing platform for dockless electric scooters.

Bird is a B2C company providing dockless short-term e-scooter rentals. The company was founded in 2017 by Travis VanderZanden. Bird aims to provide affordable and environmentally friendly transportation option in cities worldwide. As of March 2019, Bird is operating in 75 U.S. cities and other cities worldwide such as London, Tel Aviv, Vienna, and Madrid. Its headquarters is located in Santa Monica, California.

Service

Bird works by putting their scooters in locations called Nests, that you can find through their mobile application. Customers can unlock an available scooter with their application. Since Bird does not provide helmets, customers are urged to bring their own. When customers wish to end the scooter rental, they can use the mobile application again. All the scooters are equipped with Bird’s own hardware so they can reduce a scooter’s speed as well as track the location of the scooters.

Funding
Seed

On June 9, 2017 Bird announced raising an undisclosed amount of seed funding from Goldcrest Capital (lead investor) and #Angels.

Series A

On October 30, 2017 Bird announced raising $15 million in series A funding from Craft Ventures (lead investor), Tusk Ventures, Moving Capital, M13, Lead Edge Capital, Goldcrest Capital, and Valor Equity Partners.

Series B

On March 9, 2019 Bird announced raising $100 million in series B funding from Valor Equity Partners (lead investor), Index Ventures (lead investor), Upfront Ventures, Tusk Ventures, Goldcrest Capital, Craft Ventures, and Bracket Capital. The series B round was raised at a pre-money valuation of $300 million. The company plans on using their series B funding to expand their operations into new markets.

Series C

On June 28, 2018 Bird announced raising $300 million in series C funding from Sequoia Capital (lead investor), e.ventures, Blisce/, Valor Equity Partners, Tusk Ventures, Troy Capital Partners, Sound Ventures, Simon Ventures, and Reshape. The series C round was raised at a pre-money valuation of $1.8 billion. The company also announced Roelof Botha, from Sequoia Capital, will be joining the company's board of directors.

Series D

On October 3, 2019 Bird announced raising $275 million in series D funding from Sequoia Capital and Caisse de Depot et Placement du Quebec. The funding was raised at a pre-money valuation of $2.5 billion.

Series D II

On January 27, 2020 Bird announced expanding their series D funding round with $75 million in funding from Signals Venture Capital, Team Europe, Target Global, and Idinvest Partners. At the time of announced their expanded series D funding round the company also announced acquiring Circ, a micromobility solution provider. Bird plans on using their funding to increase its European expansion and fund it's research and development programs.

Timeline

January 27, 2020
Bird raises a $75,000,000 series D round from IDInvest Partners, Pegasus Tech Ventures, Target Global, Team Europe and signals Venture Capital.
October 2019
Bird raises a $275,000,000 series D round from Caisse de dépôt et placement du Québec and Sequoia Capital.
June 28, 2018
Bird raises a $158,000,000 series C round from Accel, B Capital Group, Bracket Capital, Craft Ventures, E.ventures, Goldcrest Capital, Greycroft, Hinge Capital, Index Ventures, Reshape, Sequoia Capital, Simon Ventures, Sound Ventures, Troy Capital Partners, Tusk Venture Partners, Upfront Ventures, Valor Equity Partners and blisce/.
March 9, 2018
Bird raises a $100,000,000 series B round from Bracket Capital, Craft Ventures, Goldcrest Capital, Index Ventures, Tusk Ventures, Upfront Ventures and Valor Equity Partners.
February 2018
Bird raises a $15,000,000 series A round from Craft Ventures, Goldcrest Capital, Lead Edge Capital, Tusk Ventures and Valor Equity Partners.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Bird (company) Series C round, June 2018
158,000,000
June 28, 2018
5 Results
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People

Name
Role
LinkedIn

Daniel Harman

Employee

David Estrada

Chief Legal Officer & Head of Public Policy

Erin Wallerstein

Employee

Evan Sawyer

Employee

Justin Balthrop

Chief Technology Officer

Lauren Goodman

Employee

Mark Pesin

Employee

Nilu Kashanchi

Employee

Paige Craig

Employee

Scott Rushforth

Executive Vice President, Vehicles

Sean Sires

Employee

Stephen Schnell

Chief Operating Officer

Travis VanderZanden

Founder/Chief Executive Officer

Further reading

Title
Author
Link
Type
Date

14 Months, 120 Cities, $2 Billion: There's Never Been a Company Like Bird. Is the World Ready?

Will Yakowicz

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Andrew J. Hawkins
May 10, 2021
The Verge
Scooter sharing company Bird is going public via a reverse merger with a blank check company. The deal values Bird at $2.3 billion, which is below its 2020 valuation.
VAS Experts
April 15, 2021
www.prnewswire.com:443
/PRNewswire/ -- VAS Experts lanzó la nueva versión 10 del Stingray Service Gateway, la solución integral para operadores de telecomunicaciones. Su principal...
Andrew J. Hawkins
April 14, 2021
The Verge
New York City picked Lime, Bird, and VeoRide as the first participants in its inaugural electric scooter pilot. Each company will get to operate 1,000 scooters in the Bronx starting this summer.
Rebecca Bellan
April 14, 2021
TechCrunch
Lime, Bird and VeoRide have scored coveted permits to New York City's first e-scooter pilot. The New York City Department of Transportation, which originally released a request for proposals in October for the pilot that was meant to start in early March, made its selections public Wednesday. The three companies are expected to begin operations in [...]
Surajeet Das Gupta
April 8, 2021
@bsindia
According to experts, the car was expected to have a price tag of Rs 10 lakh and launched this June
Reviewed
March 31, 2021
Reviewed
Ring's new video doorbell is a premium (but pricey) way to guard your door
Kirsten Korosec
March 22, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Saturday in your inbox. Hi friends and new readers, welcome to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point [...]
Andrew J. Hawkins
March 15, 2021
The Verge
Bird will double its footprint in Europe, bringing its electric scooter sharing service to 50 new cities as part of a massive $150 million investment.
IANS
January 23, 2021
@bsindia
Cases of bird flu have been confirmed in 13 states so far of which of which Avian Influenza has been reported in poultry birds from nine states while in wild birds from 12 states
Press Trust of India
January 18, 2021
@bsindia
Read more about Bird flu cases confirmed in two more districts of Chhattisgarh on Business Standard. Bird flu has been confirmed asthe cause of death of three birds in Bastar and Dantewada districts of Chhattisgarh
Press Trust of India
January 15, 2021
@bsindia
The Centre on Friday said bird flu or avian influenza outbreak has been confirmed in Chhattisgarh, taking the total number of affected states and UTs to 11 so far
ANI
January 13, 2021
@bsindia
This comes as cases of avian influenza have been confirmed in 10 states
IANS
January 12, 2021
@bsindia
Around 1,500 crows and wild birds have died so far in 41 districts of Madhya Pradesh since the outbreak of bird flu
Press Trust of India
January 11, 2021
@bsindia
Hundreds of birds were reported dead in different parts of the country on Monday as the raging bird flu spread to 10 states and Union Territories
IANS
January 9, 2021
@bsindia
Bird flu has been confirmed in seven states of the country so far, namely Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana, Gujarat and Uttar Pradesh
Press Trust of India
January 4, 2021
@bsindia
Migratory birds found dead at Pong Dam Lake in Himachal Pradeshs Kangra district have tested positive for bird flu
Nick Summers
December 18, 2020
Engadget
People were buying electric bikes and scooters long before the pandemic.
Larry McCoy
December 15, 2020
www.prnewswire.com:443
/PRNewswire/ -- Mississippi Delta native, Larry McCoy has penned and released his first novel, "Fatherless." Set in the 1950s Jim Crow Mississippi Delta where...
Callum Burroughs
December 2, 2020
Business Insider
A Fidelity fund already marked down the value of its stake in Bird.
Science X staff
November 25, 2020
phys.org
A Cretaceous-age, crow-sized bird from Madagascar would have sliced its way through the air wielding a large, blade-like beak and offers important new insights on the evolution of face and beak shape in the Mesozoic forerunners of modern birds. An international team of researchers led by Ohio University professor Dr. Patrick O'Connor and Stony Brook University professor Dr. Alan H. Turner announced the discovery today in the journal Nature.
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References

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