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Spin provides dockless electric scooter sharing in urban areas to offer convenient, eco-friendly micro-mobility for city residents, students, and businesses. Riders locate and unlock scooters via the Spin app, ride to their destination, and leave the scooter in permitted zones; pricing is pay-per-ride with an unlocking fee and a per-minute rate. Spin differentiates itself by forming formal partnerships with governments and institutions to align services with community needs and local regulations. The goal is to provide accessible, affordable, and sustainable urban transportation that reduces traffic and carbon emissions while expanding its presence in cities worldwide.
Industries
Automotive & Transportation
Consumer Software
Company Size
201-500
Company Stage
Acquired
Total Funding
$27M
Headquarters
Santa Cruz, California
Founded
2017
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Total Funding
$27M
Above
Industry Average
Funded Over
2 Rounds
Opportunity to join a fast-growing startup and help shape and establish the company's industry leadership
Competitive health benefits
Unlimited PTO for salaried roles
Pre-tax commuter benefits
Monthly cell phone bill stipend
Wellness, Home Office & Internet perk for salaried roles
A monthly Mental Health Day-Off for salaried roles
401(k)
WeWork Pass (eligible remote salaried FTE
Femsa supports government investment push; 'it's quite exciting,' says CEO. March 24, 2026 07:36 Monterrey, NL. Jose Antonio Fernández Garza-Lagüera, CEO of Fomento Económico Mexicano (Femsa), expressed optimism regarding recent federal government announcements to boost investment in the country, particularly through schemes that combine public and private resources. 'I'm very excited about anything that facilitates investment, and everything the President attracts in terms of investment excites me quite a bit,' said the executive after participating in a book presentation in memory of Eugenio Garza Lagüera. The statement comes after Mexican President Claudia Sheinbaum presented a strategy to trigger infrastructure and productive development projects through mixed investment models, which seek to expand private sector participation under regulatory certainty schemes. Among the axes proposed by the government are streamlining procedures, strengthening public-private partnerships, and boosting strategic sectors such as energy, logistics, and nearshoring, with the goal of accelerating economic growth and attracting capital. This measure has been well received by various private sector participants, including now Femsa, one of the most renowned companies in the country. Oxxo and Spin Fernández Garza-Lagüera also reported that most Oxxo stores affected by violent events that occurred on February 22 have already resumed operations, although some suffered total damage. 'Almost everything is back to normal, most stores have returned to normal,' he specified. Regarding the Spin financial platform, the executive indicated that it continues its growth, albeit with recent operational adjustments. 'Spin is growing, still doing very well, what's happening is we're integrating it more closely with Oxxo, and as always with such changes, we make adjustments.' He confirmed there were staff cuts in that division: 'there were some adjustments, yes, there were some layoffs, but within normal parameters.' Related notes
Ride to Remember: 200 Miles for Memories. Join Us This March in its fight against Alzheimer's This March, The L1 Foundation, INC is riding with purpose. The L1 Foundation, in partnership with Spin with Jill, proudly presents Ride to Remember: 200 Miles for Memories - an indoor and outdoor cycling fundraiser dedicated to honoring those impacted by Alzheimer's disease. Alzheimer's doesn't just affect individuals. It affects families. It affects caregivers. It affects entire communities. Many of The L1 Foundation, INC have personally experienced the emotional weight of watching memories fade. That's why The L1 Foundation, INC is committing to ride. Its goal: 200 collective miles in March. Each mile represents a memory. Each ride represents a family. Each donation helps move the mission forward. How to Participate Indoor Rides (FREE) Every Monday at 9:00 AM Outdoor Group Rides Saturday 7th - 12:00 PM Saturday 14th - 12:00 PM Friday 27th - 6:00 PM Wear purple in support of Alzheimer's awareness. Outdoor riders must bring their own bike. Whether you ride once or every week, your miles count. Track the Miles The L1 Foundation, INC is tracking its 200-mile community goal live on Strava. Join the Mile Tracker Here: Ride indoors. Ride outdoors. Log your miles. Encourage the group. Let's hit 200 together. Support the Cause All donation-based proceeds will directly support the Alzheimer's Association - Houston & Southeast Texas Chapter, helping fund: - Caregiver and family support services - Education and awareness programming - Advocacy efforts - Critical Alzheimer's research Donate or Sponsor a Mile Here: Every dollar makes an impact. Why The L1 Foundation, INC Ride This isn't just about fitness. It's about legacy. It's about showing up for its parents, grandparents, mentors, and loved ones whose memories shaped its lives. When The L1 Foundation, INC ride, The L1 Foundation, INC remember. When The L1 Foundation, INC ride, The L1 Foundation, INC raise awareness. When The L1 Foundation, INC ride together, The L1 Foundation, INC create hope. Let's clip in for the ones The L1 Foundation, INC love. Let's move for memories. Let's ride with purpose. See you on the bike. Kendrick Jones Executive Director The L1 Foundation
Spin proposes expanding Fort Myers scooter program citywide. Scooter company requests doubling fleet size and expanding operating area beyond downtown in phase two proposal. FORT MYERS, Fla. - The Fort Myers City Council is weighing a proposal to expand the Spin electric scooter program beyond downtown to cover the entire city, despite safety concerns raised by some council members. Watch Fort Myers Community Correspondent Miyoshi Price's report: Spin, which launched its pilot program in downtown Fort Myers in August, presented data showing nearly 12,000 rides and more than 5,100 unique users through November. The company is requesting approval to move to "phase two" of its original proposal, which would expand the operating area to city limits and increase the fleet from 100 to 200 scooters. "We've had over 3,000 failed scans occur outside of the current operating zone," said Bruno Lopes, Spin's director of government partnerships. "That's about 25% of rides that we are not capturing." The company also wants to extend operating hours from the current midnight cutoff to 2 a.m., citing data showing significant demand during late-night hours from third-shift workers. However, the expansion faces pushback from council members citing infrastructure and safety concerns. "We do not have the infrastructures, and there are current struggles," said Council member Geraldo. "Twice, I've almost gotten hit by a scooter that is coming behind." Geraldo described witnessing elderly pedestrians nearly being forced off sidewalks by scooter riders who approached them head-on. Council member Liston Bochette echoed safety concerns, particularly about major thoroughfares like Palm Beach Boulevard, MLK Boulevard and Cleveland Avenue. "We weren't built for this. We were a cow town many years ago," Beauches said. "Maybe we could expand step by step, not all at once." Current regulations prohibit scooter riding on sidewalks in the downtown area but allow it outside the urban core. Lopes said the company has recorded zero major incidents requiring police, fire or medical response since the program began. The program has shown strong local adoption, with 76% of users being Fort Myers residents rather than tourists. Weekend ridership spikes significantly, and the program maintains what Spin considers a healthy rate of one ride per day per scooter. Community members expressed mixed reactions to the expansion proposal. David Maurice Jackson, a local resident who uses scooters with his family, supports expansion but opposes restrictions on privately owned scooters. "Don't charge us for something that we already have," Jackson said. "Work with the community, not take away." Rick Janis expressed concerns about the legal classification of scooters and emphasized that any expansion should remain a private enterprise without public funding. The proposal will require a formal council vote, with Lopez indicating the company is willing to work with the city on a modified expansion plan if the full citywide rollout proves too ambitious. "This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy."
That's because Spin filed suit in December against the city's Department of Public Service in U.S District Court, alleging that the city failed to follow its own stated evaluation criteria in awarding Veo an exclusive micromobility contract.
On Monday, Milwaukee city leaders announced a long-term agreement with both Lime and Spin, which will allow them to operate permanently in the city.
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Industries
Automotive & Transportation
Consumer Software
Company Size
201-500
Company Stage
Acquired
Total Funding
$27M
Headquarters
Santa Cruz, California
Founded
2017
Find jobs on Simplify and start your career today