Lime (company)

Lime (company)

Lime is a mobile platform that allows users to unlock its fleet of shared bikes and scooters.

Formerly known as LimeBike, Lime is a micro-mobility company providing an electric scooter, bike, and transit vehicle rentals.

Adam Zhang, Brad Bao, Charlie Gao, and Toby Sun founded Lime in 2017 in San Francisco, California. Since launching in 2017, Lime has expanded to over 120 cities across 30 countries and five continents. The company has received $777 million in funding to date, and now employs over 700 workers worldwide, while more than 15 million have downloaded the Lime app. Its investors include Manhattan Ventures Partners, Google Ventures, Fifth Wall, GGV Capital, GR Capital, Fidelity Ventures, Bain Capital Ventures, and Andreessen Horowitz.

It also operates in campuses in the United States including Georgia Southern University, University of Minnesota, Washington University in St. Louis, St. Louis University, UNC Greensboro, NC St. University, Guilford College, NCA&T, Ohio State University,

Xavier University, Vanderbilt University, Texas Tech University, UT Austin, Southern Methodist University, Our Lady of the Lake University, and the University of Washington.

Lime is committing to 100% zero-emissions operations fleet vehicles by 2030. It will transition all of its owned and leased operations vehicles, most often small vans, to be electric and powered by renewable energy over the next decade.

Timeline

February 6, 2019
Lime raises a $310,000,000 series D round from Andreessen Horowitz, Bain Capital Ventures, Fidelity Ventures, GGV Capital, GR Capital, GV, Manhattan Ventures Partners and The a16z Cultural Leadership Fund.
July 2018
Lime raises a $335,000,000 series C round from GV.
June 2018
Lime raises total of $467 million to date from GV, Andreessen Horowitz, IVP, Section 32, GGV Capital.
February 2018
Lime raises a $70,000,000 series B round from Fifth Wall Ventures.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Lime series D round
310,000,000
February 6, 2019
4 Results
Results per page:
Page 1 of 1

People

Name
Role
LinkedIn

Angel Cordero

Employee

Brad Bao

Founder

Caen Contee

Employee

Charlie Fang

Employee

Charlie Gao

Investor

Cindy Zhang

Employee

Connor Carion

Employee

Daniel Estrada

Employee

Ding Zhou

Investor

Dustin Gillespie

Employee

Estuardo Escobar

Employee

Evan Trowbridge

Employee

faraaz naqvi

Employee

Gerry Morales

Employee

Gil Kazimirov

Employee

IDG Ventures

Investor

Jacob Fink

Employee

Jason Wilde

Employee

Jeff Roberts

Employee

Jerrome Milton

Employee

Konrad Coetzee

Employee

Leila Najafi

Employee

Max Butler

Employee

Max J Crowley

Investor

Mike Basch

Investor

Page 1 of 2

Further reading

Title
Author
Link
Type
Date

Electric Scooters And Micro-Mobility: Here's Everything You Need To Know

Adeyemi Ajao

Web

February 1, 2019

Lime Just Became the Biggest Micromobility Company in the World

Kea Wilson

Web

May 11, 2020

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Rebecca Bellan
April 9, 2021
TechCrunch
A batch of job listings along with some Twitter whisperings suggests that scooter companies such as Lime and Superpedestrian are gearing up to operate in London and New York City -- two of the last remaining frontiers of shared scooter services. A review of job listings, company websites and LinkedIn shows that Lime and Dott [...]
Kirsten Korosec
March 29, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hi friends and new readers, welcome to The Station. A few items before we jump into the news. Rebecca Bellan, who started writing for TechCrunch earlier this month, [...]
Andrew J. Hawkins
March 24, 2021
The Verge
Lime is adding new features to its app, like vehicle recommendations, app-less riding, and 10-minute reservations.
Rebecca Bellan
March 24, 2021
TechCrunch
Lime is rolling out several new features, including the ability to rent electric scooters without downloading the app, in an effort to attract more riders. The micromobility company announced Wednesday a series of product features that aims to remove barriers to entry for new users, while increasing accessibility to its vehicles. The new features include [...]
P&S Intelligence
March 11, 2021
www.prnewswire.com:443
/PRNewswire/ -- Venture capitalists across the world are making hefty investments in start-ups and businesses related to kick scooter sharing services. For...
Jon Porter
March 2, 2021
The Verge
Gomi's new Bluetooth speaker is powered by batteries from old Lime shared e-bikes. Gomi will use batteries from over 1,000 old e-bikes, which have been cleaned and tested before being repurposed in the £99 (around $138) speaker.
Tim Levin
March 1, 2021
Business Insider
Lime plans to launch its shared electric bike service in 25 more cities this year.
Kirsten Korosec
March 1, 2021
TechCrunch
Lime said Monday it has allocated $50 million towards its bike-share operation, an investment that has been used to develop a new ebike and will fund its expansion this year to another 25 cities in North America, Europe, and Australia and New Zealand. If the company hits its goal, Lime's bike-share service will be operational [...]
Andrew J. Hawkins
March 1, 2021
The Verge
Lime says it will spend $50 million to expand its network of shared electric bikes. The scooter company plans on rolling out a next-generation model this summer with a more powerful motor, and it will double the number of cities in which it operates.
Callum Burroughs
February 25, 2021
Business Insider
Scooter startups have suffered, as international travel and commuting ground to a halt during the pandemic.
Kirsten Korosec
January 27, 2021
TechCrunch
Lime is adding electric mopeds -- painted in the company's signature green -- to its micromobility platform as the startup aims to own the spectrum of inner city travel from jaunts to the corner store to longer distance trips up to five miles. Lime said Wednesday it plans to launch as many as 600 electric [...]
Andrew J. Hawkins
January 27, 2021
The Verge
Lime will offer hundreds of electric mopeds for rent in Washington, DC and Paris in the coming months. The mopeds, which are made by Chinese company NIU, will have a range of up to 100 miles and speed limited to 30 mph.
Grace Dean
January 13, 2021
Business Insider
"We are speaking out and standing up for what we believe is right because that is the right thing to do," CEO Wayne Ting wrote in an internal email.
Kirsten Korosec
January 13, 2021
TechCrunch
Lime has changed its corporate travel policy to ensure not a dime of its money ends up in the coffers of the Trump Organization's hotels and other properties in response to the January 6 insurrection at the U.S. Capitol that led to several deaths. The micromobility startup wants to take that action further and has [...]
Joanna Glasner
December 18, 2020
Crunchbase News
Overall, the cohort is hanging in there, still raising investments and renting scooters. But 2020 has not featured the same consistent hypergrowth as years past.
Everlaw
December 1, 2020
www.prnewswire.com:443
/PRNewswire/ -- Everlaw, the cloud-based ediscovery and litigation platform, announced today a long-standing engagement with Lime, a global leader in...
Kirsten Korosec
November 30, 2020
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. For [...]
By Jonathan Josephs
November 29, 2020
BBC News
Wayne Ting, chief executive of e-scooter firm Lime, says there's room for improvement.
Kirsten Korosec
November 23, 2020
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 folks, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Let's get [...]
Kirsten Korosec
November 19, 2020
TechCrunch
Lime is launching its fourth generation scooter in Paris this week, an example the company says of its financial turnaround and commitment to growth. But that product rollout isn't over. Lime CEO Wayne Ting hinted Thursday during the WSJ Future of Everything event that a "third mode," beyond bikes and scooters, are also in the [...]
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