What is Spin?
Headquartered in San Francisco, Spin has distinguished itself as a leader in the micromobility space. The company is recognized for pioneering the first stationless mobility program in the United States and played a crucial role in establishing the world's first mobility permit system. Operating electric scooters across numerous cities and universities in the U.S. and Europe, Spin has built a reputation as a trusted and reliable partner in providing sustainable urban transit solutions.
How much funding has Spin raised?
Spin has raised a total of $8M across 1 funding round:
Series A
$8M
Series A (2017): $8M with participation from Grishin Robotics
Key Investors in Spin
Grishin Robotics
Grishin Robotics is an early-stage venture capital firm based in Silicon Valley that specializes in consumer hardware. The firm invests in Seed and Series A startups targeting large consumer markets, including online entertainment, gaming, food, education, and team productivity.
What's next for Spin?
With its latest major strategic investment, Spin is poised for continued expansion and refinement of its operations. The company's focus on operational excellence and regulatory collaboration suggests a trajectory aimed at solidifying its market position and potentially exploring new geographic territories or service offerings. This infusion of capital will likely support fleet expansion, technological advancements, and further integration into urban infrastructure, reinforcing Spin's role in the evolving landscape of personal mobility.
See full Spin company page
