What is Also?
Also, Inc. is redefining the landscape of sustainable urban transport by developing a vertically integrated ecosystem of electric e-bikes and microcars. By controlling the entire technology stack—from power electronics to software interfaces—the company aims to deliver a superior user experience that differentiates its products from legacy micromobility offerings. The firm is strategically positioned to address both consumer and commercial market segments, with a primary focus on the U.S. and European markets. Its operational model emphasizes precision engineering and industrial resilience, aiming to solve the inefficiencies inherent in current urban transit solutions.
How much funding has Also raised?
Also has raised a total of $455M across 3 funding rounds:
Series B
$105M
Series C
$200M
Series D
$150M
Series B (2025): $105M with participation from Eclipse Ventures
Series C (2026): $200M led by DoorDash, Greenoaks, and Prysm Capital
Series D (2026): $150M supported by Prysm Capital, MVP Ventures, Eclipse, and Greenoaks
Key Investors in Also
Prysm Capital
Prysm Capital is a flexible source of growth capital and partnership for disruptive teams, focusing on technology and consumer sectors with a commitment to long-term value creation.
Eclipse
Eclipse is a team of operators and investors building companies that transform physical industries, focusing on precision, resiliency, and the rapid improvement of critical infrastructure.
MVP Ventures
MVP Ventures partners with elite, early-stage teams developing differentiated technology solutions in software and hardware, emphasizing go-to-market acceleration.
What's next for Also?
With the successful closure of this major strategic investment, Also is poised to transition from the R&D phase into full-scale manufacturing and market entry. The company's immediate priority is the 2026 launch of its flagship product line, which will serve as the foundation for its global expansion strategy. By leveraging its proprietary hardware and software platform, Also intends to capture significant market share in the rapidly evolving micromobility sector. Future growth will likely focus on scaling production capacity and establishing a robust distribution network across international territories, ensuring that the company remains at the forefront of the ongoing industrial evolution in personal and commercial transport.
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