# Superpedestrian

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/superpedestrian

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Cambridge, US
- Website: www.superpedestrian.com
- Total disclosed funding: $195M
- Latest round: Series C (Feb 1, 2022)
- Investors on record: 10

## About

Superpedestrian, Inc. specializes in innovative micromobility solutions, enhancing urban transportation through advanced electric scooters and smart bicycle technology.Founded in 2012 in Cambridge, US, Superpedestrian, Inc. develops advanced micromobility solutions. The company is led by Assaf Biderman, who has a background in urban technologies. In December 2023, Superpedestrian discontinued its operations in the US, shifting focus to international markets.Superpedestrian specializes in providing innovative micromobility solutions, primarily through the deployment of electric scooters that leverage advanced technology for enhanced safety and performance. Their flagship product, the Copenhagen Wheel, is a smart electric bicycle wheel that transforms traditional bicycles into hybrid e-bikes, showcasing functionalities such as regenerative braking and connectivity to a mobile app. The company focuses on urban mobility challenges, aiming to offer sustainable transportation alternatives that reduce congestion and environmental impact in metropolitan areas. Superpedestrian’s products are designed to be user-friendly, catering to both individual riders and municipalities looking to improve their public transport offerings. The company operates in various international markets, including major European cities such as Amsterdam, Paris, and Berlin, where they address the growing demand for efficient and eco-friendly transportation solutions.Superpedestrian generates revenue through a combination of direct-to-consumer sales and partnerships with municipalities and businesses. The company’s business model involves the leasing of electric scooters to urban environments, where local authorities pay for the service as part of their public transportation infrastructure. Additionally, they may offer subscription plans for individuals who use their scooters regularly, which provides a steady stream of revenue. The company's pricing structures are tailored to the specific needs of each market and may include variable rates based on ride duration or distance. Furthermore, Superpedestrian collaborates with local governments to create customized micromobility solutions that align with city planning objectives, which can enhance their overall revenue potential while promoting sustainable urban transport.In December 2023, Superpedestrian, Inc. discontinued its US operations. The company is currently focused on expanding into international markets and leveraging recent funding of USD 95.60 mn raised during its Series C round from investors including Antara Capital Partners and Sony Ventures. Future product launches and regional expansion plans are in development to address the increasing demand for sustainable transportation solutions across Europe.

## Funding rounds

- Series C, Feb 1, 2022, $96M — General Catalyst Partners, Spark Capital, Jefferies, Antara Capital Partners, Citi Ventures, Sony Innovation Fund, FM Capital
- Series B, Jun 4, 2020, $55M — Edison Partners, General Catalyst Partners, Spark Capital, One Way Ventures
- Series B, May 23, 2018, $17M — General Catalyst Partners, Spark Capital
- Series B, Sep 25, 2015, $20M — General Catalyst Partners, Spark Capital, Republic Capital
- Series A, Mar 4, 2014, $4.1M — General Catalyst Partners, Spark Capital
- Series A, Oct 21, 2013, $2.1M — Spark Capital
- Seed, Dec 1, 2012, $2.1M — Spark Capital

## Investors

- Spark Capital — Seed, Series A, Series B, Series C
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A, Series B, Series C
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Series B
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B
- One Way Ventures (https://capitalatlas.ai/funds/one-way-ventures) — Series B
- Jefferies (https://capitalatlas.ai/funds/jefferies) — Series C
- Antara Capital Partners (https://capitalatlas.ai/funds/antara-capital-partners) — Series C
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series C
- FM Capital (https://capitalatlas.ai/funds/fm-capital) — Series C