# Zagster

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

- Industry: Internet
- Headquarters: Boston, US
- Website: www.zagster.com
- Total disclosed funding: $14M
- Latest round: Series B (Jan 5, 2017)
- Investors on record: 8

## About

Zagster, Inc. specializes in innovative mobility solutions, focusing on bike-sharing and mobility services that enhance convenience and sustainability in urban transportation.Founded in 2007 by James Perkins, Zagster, Inc. operates from its headquarters in Boston, US. The company offers bike-sharing services to municipalities, colleges, and corporate entities. In June 2020, Zagster was acquired by Superpedestrian, Inc. Financial terms were not disclosed. The company has successfully completed 12 deals since its inception, with its most recent funding round being a GROWTH round led by Edison Partners, raising a total of USD 15.00 mn.Zagster provides a range of mobility solutions, primarily focusing on bike-sharing services tailored for urban areas. Their offerings include a fleet of bicycles deployed across various cities, addressing urban congestion and promoting eco-friendly transportation. Targeting municipalities, colleges, and corporate clients, Zagster implements customized bike-sharing programs, currently operating in urban centers such as San Francisco, Denver, and Boston.Zagster generates revenue through partnerships with municipalities and organizations that adopt their bike-sharing services. Typically, municipalities utilize a subscription model to cover bicycle maintenance and technology integration costs. Clients can also select tailored pricing plans for specific usage scenarios, including options for educational institutions or corporations. Users access bicycles via a mobile app, paying a fixed fee per ride or opting for monthly subscriptions based on their anticipated usage.Following the GROWTH funding round in June 2020, Zagster aims to expand its product offerings and market presence. The company plans to launch new bike-sharing services designed for additional urban markets. Specific geographic regions targeted for expansion include major cities across the US where demand for sustainable transportation is increasing. The funding raised will support these initiatives, enhancing Zagster's ability to meet the growing needs of urban transportation and mobility solutions.

## Funding rounds

- Series B, Jan 5, 2017, $10M — Edison Partners
- Series A, Jul 2, 2015, $3.5M — LaunchCapital, Launchpad Venture Group, Fontinalis Partners, Clean Energy Venture Group, Otter Consulting
- Angel, Jan 1, 2012, $0.1M — Techstars
- Angel, Jul 1, 2010, $0M — Ben Franklin Technology Partners

## Investors

- Ben Franklin Technology Partners (https://capitalatlas.ai/funds/ben-franklin-technology-partners) — Angel
- Techstars (https://capitalatlas.ai/funds/techstars) — Angel
- LaunchCapital (https://capitalatlas.ai/funds/launchcapital) — Series A
- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series A
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Series A
- Otter Consulting — Series A
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B