Bike and scooter startups are raising at sky-high valuations. We map out the investor landscape for the unicorns paving the way in bike- and scooter-sharing.
The unicorn craze has hit micromobility, the industry tackling last-mile transportation.
Investors are driving up bike- and scooter-sharing company valuations at unprecedented rates, as investors bet on the companies they believe will capture and dominate the market. The land grab is similar to what ride-hailing giants Uber and Didi have done in their respective countries.
The ride-hailing players themselves — namely Uber and Lyft in recent months — are also making plays in the space as they look to expand their portfolios to a wider range of mobility options.
In this brief, we look at the funding history and investors betting on bike and scooter-sharing.