Bird Raises $15 Million in Series A Funding
Bird, a last-mile electric vehicle sharing company, today announced it has raised $15 million in a Series A funding round led by Craft Ventures. Tusk Ventures, Valor, Lead Edge Capital, and Goldcrest Capital also invested in the round.
Bird provides a low-cost transportation option for people looking to take short journeys across town or down the “last-mile” from subways or buses to their destinations. Riders can access Birds through its smartphone app, locate the most convenient option, and ride directly to their desired end points. According to the company, since its launch in September, 2017, in Santa Monica, riders have logged more than 250,000 rides, with more than half of those occurring in the previous month alone.
Bird is currently available in Santa Monica and Venice, CA, as well as select neighborhoods in San Diego and Los Angeles.