Skinny Labs
Latest round
- Series A
Last raised
- May 2017
Total raised
- $8M
Investors
- 3
About Skinny Labs
Skinny Labs, Inc. operates under the brand name Spin, offering innovative solutions for urban transportation. The company's CEO, Derrick Ko, has a track record in the mobility sector, contributing to its growth and strategic direction. Spin was recently acquired by Bird Rides, Inc.Spin primarily offers a range of micromobility solutions, including e-scooters and e-bikes, designed to facilitate urban transportation. Their flagship model, the S-100, features advanced safety and stability mechanisms, such as three independent braking systems, dual suspension, and real-time monitoring capabilities through Spin Insight Level 2, which optimizes sidewalk and bike lane usage. These products are engineered for ease of use in urban settings, targeting end users such as college students, city residents without access to traditional transportation, and visitors in metropolitan areas.The revenue model of Spin is structured around partnerships with cities and educational institutions, providing a reliable and scalable micromobility service. Transaction frameworks typically involve municipalities contracting Spin to provide shared mobility services within their jurisdictions, facilitating access for students, faculty, and residents. For example, contracts may include provisions for operation in specific university campuses, where the e-scooters are made available to the student population as a transportation alternative. Pricing structures are often based on a pay-as-you-go model or subscription plans, allowing end users to rent e-scooters or e-bikes either through single rides or long-term access options., which aims to further expand its operations, Skinny Labs, Inc. The company is currently designing new models of e-scooters and e-bikes, with a focus on sustainability and user experience. Specific geographic regions targeted for expansion include urban centers in North America and potential entry into European markets.00 mn, enabling the company to scale its operations and enhance its service offerings.
Who invested in Skinny Labs
3 investors across 1 round
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Funding rounds
Series A
May 24, 2017
Amount
$8M
Investors
Questions about Skinny Labs
Who invested in Skinny Labs?
Skinny Labs has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Skinny Labs raised?
Skinny Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Skinny Labs last raise money?
Skinny Labs's most recent round on record is a Series A, in May 2017.
What does Skinny Labs do?
Skinny Labs is a transportation services company.
Where is Skinny Labs headquartered?
Skinny Labs is headquartered in San Francisco, US.
Which VCs invest in companies like Skinny Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back transportation services companies at Skinny Labs's stage. Their profiles are linked below.
VCs backing transportation services startups at Series A
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