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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

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

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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
July 27, 2021
TechCrunch
As of next week, Lime's vehicles will be included as a travel option in tandem with public transit for either all or part of a multimodal journey on the Israeli app.
Kirsten Korosec
July 19, 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. Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before [...]
Kirsten Korosec
July 12, 2021
TechCrunch
Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I'm back from my road trip and swimming in emails. If you sent me a message on Twitter, email or pigeon post, please give me a few days [...]
Aria Alamalhodaei
July 5, 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. Happy 4th of July! For those of you who are actually checking your emails today while getting some sun at an overcrowded beach or diligently grilling hot dogs, [...]
Aria Alamalhodaei
June 28, 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. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to [...]
Dominic Cansdale
June 22, 2021
www.abc.net.au
The Gold Coast mayor has maintained his opposition to allowing an e-scooter sharing scheme despite new research suggesting there's benefits for tourism and congestion.
Spindrift
June 16, 2021
www.prnewswire.com:443
/PRNewswire/ -- The perfect summer is made up of perfect days. Spindrift Spiked is giving away everything you need to enjoy a perfect day at the beach, by the...
Cory Gunther
May 27, 2021
www.reviewgeek.com
The electric scooter and bike company Lime is rolling out a new subscription service, and it's named -- wait for it -- Lime Prime. No, this is nothing like Amazon Prime and fast package deliveries. Instead, the subscription will waive scooter unlock fees, give drivers discounts, and extend scooter reservation times.
David Priest
May 27, 2021
CNET
The "micromobility" company is waiving rental unlock fees for $5.99 per month.
Rebecca Bellan
May 17, 2021
TechCrunch
Transport for London and London Councils have announced Dott, Lime and Tier Mobility as the winners of its prized e-scooter pilot, confirming last month's suspicions based on job postings by the companies. Last year, the government legalized e-scooter rental trials by local authorities, although private e-scooter riding is still illegal. This legislation spurred the launch of [...]
Andrew J. Hawkins
April 29, 2021
The Verge
Lime is launching its electric moped sharing service in New York City. The company will initially have 100 mopeds available in parts of Queens, Brooklyn, and Manhattan.
Rebecca Bellan
April 29, 2021
TechCrunch
Weeks after Lime became one of the first companies to win the bid to operate e-scooters in New York City, the micromobility giant is bringing e-mopeds to the city's streets. This will be the first company to host multiple modes of micromobility sharing in NYC. On Friday, Lime will release 100 electric mopeds onto the [...]
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 [...]
Kirsten Korosec
April 12, 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 there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from [...]
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...
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References

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