Tech Company Financing Transactions
Spin Funding Round
On 5/26/2017, Spin secured $8 million in Series A financing from Grishin Robotics, CRCM and Exponent.VC.
Transaction Overview
Company Name
Announced On
5/26/2017
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Grishin Robotics (Lead Investor) (Dmitry Grishin)
private investors (Charlie Cheever)
private investors (Matthew Brezina)
Proceeds Purpose
Spin will ramp up hiring and embark on negotiations with different municipalities to bring its bike-sharing service across the country without ruffling feathers.
Company Information
Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
408 Bdwy. 4th Floor
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Overview
Spin is a venture-backed transportation company based in SOMA, San Francisco. Founded at the end of 2016 by three friends who wanted a better way to get around their hometown of San Francisco, Spin's first product reimagined bikeshare. The company was purchased by Ford Motors in November 2018. Ford then sold Spin to Tier Mobility in March 2022.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derrick Ko
Chief Technical Officer
Zaizhuang Cheng
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