When was Spin founded?

Spin was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Spin located?

Spin is headquartered in San Francisco, United States.

Who is the current CEO of Spin?

Derrick Ko of Spin. They are also an angel investors in 1 startup.

How many employees does Spin have?

As of Jun 30, 2026, the latest employee count at Spin is 324.

Is Spin a funded company?

Spin is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on May 25, 2017.

How much is Spin worth?

The last known valuation of Spin was $***** as of Sep 19, 2023.

When was the latest funding round of Spin?

Spin's latest funding was a $***** Series A round on May 25, 2017, with participation from 3 investors.

Where does Spin rank among its competitors?

Spin ranks 2nd amongst 35 active competitors, of which 5 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was loop, which secured an undisclosed amount in Jan, 2024.

Who are the top competitors of Spin?

Spin's top competitors include Bird, Scoot Networks and Wind. Among them, loop secured the most recent funding round in January, 2024.

Spin - 2026 Company Profile, Team, Funding & Competitors

Q: Is Spin an acquired company?

Spin got acquired by Bird on Sep 19, 2023.

Company Details

Spin is an app-based platform offering electric kick-scooter sharing services. Users can search for a nearby available scooter and book it after providing relevant details. Using the app, users can lock/unlock the scooters (by scanning their respective QR) and make online payments. It offers features like variant payment options, real-time tracking, etc. At the end of the ride, users can park the vehicle of their preference. The mobile app is available for iOS and Android devices.

Website: www.spin.app/
Social
Email ID: *****@spin.pm

Key Metrics

Founded Year

2016

Location

San Francisco, United States

Stage

Acquired

Total Funding

$8M in 1 round

Latest Funding Round

Series A, May 25, 2017, $*****

Last Known Valuation

$***** as on Sep 19, 2023

Investors

Grishin Robotics & 4 more

Ranked

2^nd among 35 active competitors

Employee Count

324 as on Jun 30, 2026

Similar Companies

Bird & 248 more

Exit Details

Acquired by Bird (Sep 19, 2023)

View Spin's full profile

Spin is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPIN MOBILITY INC. CIN: 12638631 , Canada, Active	Jan 11, 2021	-	-	-
SKINNY LABS INC. CIN: 32063111432 , United States, Active	Apr 03, 2019	-	-	-
Spin CIN: 50103561921 , Latvia, Active	Jul 04, 2012	€1M - €10M (As on Dec 31, 2022)	13 (As on Dec 31, 2022)	-
SPIN MOBILITY LIMITED CIN: 12658569 , United Kingdom, Active	Jun 08, 2020	£1M - £10M (As on Dec 31, 2021)	35 (As on Dec 31, 2021)
Skinny Labs, Inc CIN: 811468176 , United States, Active	Jan 01, 1970	-	347 (As on Dec 31, 2022)	-

Spin got acquired by Bird on Sep 19, 2023 at an acquisition amount of $*****.

Click here to take a look at Spin's acquisition in detail

Spin has raised a total funding of $8M over 1 round. Its latest funding round was a Series A round on May 25, 2017 for $*****. 3 investors participated in its latest round. Spin has 5 institutional investors.

Here is the list of recent funding rounds of Spin:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2017	1625435	Series A	2796098	5080944	3212040	7761804

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View details of Spin's funding rounds and investors

The founders of Spin are Derrick Ko, Euwyn Poon and Zaizhuang Cheng.

Here are the details of Spin's key team members:

Derrick Ko: Co-Founder & CEO of Spin. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Euwyn Poon: Former Co-Founder of Spin and founder of 4 other companies, including micro.com, Layer Foundation and Optask.
Contact Info: 1 email address
Zaizhuang Cheng: Co-Founder of Spin.

View details of Spin's Founder profiles and Board Members

Spin's employee count trend

Spin has 324 employees as of Jun 26. Here is Spin's employee count trend over the years:

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Top competitors of Spin include Bird, Scoot Networks and Wind. Here is the list of Top 10 competitors of Spin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bird 2017, Miami (United States), Public	App-based rental platform providing self-drive electric kick-scooters	$765M	Sequoia Capital, CDPQ & 60 others	85/100
2nd	Spin 2016, San Francisco (United States), Acquired	App-based platform offering electric kick-scooter sharing services	$8M	Grishin Robotics, Exponent & 3 others	66/100
3rd	Scoot Networks 2011, San Francisco (United States), Acquired	Provider of shared electric scooters and bikes for urban transportation	$6.23M	Elemental, Mahindra Partners & 15 others	56/100
4th	Wind 2010, San Francisco (United States), Acqui-Hired	Electric kick scooter rental platform	$72.1M	HV Capital, Source Code Capital	54/100
5th	Go X 2018, San Francisco (United States), Seed	App-based electric kick scooter sharing service provider	$350K	TMT Investments, Streamlined Ventures & 3 others	54/100
6th	Superpedestrian 2012, Cambridge (United States), Series C	Saas and AI-enabled platform offering predictive maintenence solutions for micromobility operators	$283M	General Catalyst, Spark Capital & 21 others	54/100
7th	Skip 2017, San Francisco (United States), Series A	App-based electric kick scooter sharing service	-	Alumni Ventures, Trucks Venture Capital & 1 others	53/100
8th	Skip 2017, Arlington (United States), Acqui-Hired	Online platform for e-scooters rentals	$31M	Menlo Ventures, Accel & 13 others	42/100
9th	Ridy 2018, Chicago (United States), Unfunded	App-based platform offering electric-kick scooter rental services	-	-	41/100
10th	loop 2022, Alexandria (United States), Seed	App-based rental platform providing electric kick scooters	-	Flat6Labs	40/100