Spin

Spin

Dockless electric scooter sharing service

About

Spin offers dockless scooter share services aimed at improving urban transportation. Users can find and unlock electric scooters using the Spin app, allowing them to travel conveniently and sustainably within cities. The service operates on a pay-per-ride model, where users pay a small unlocking fee and a per-minute rate for their rides. Spin differentiates itself by partnering with local governments, campuses, and businesses to ensure its services meet community needs and comply with regulations. The company's goal is to provide accessible and eco-friendly mobility solutions that reduce traffic congestion and carbon emissions in urban areas.

Company Stage

Acquired

Employees

201-500

Industries

Automotive & Transportation, Consumer Software

Total Funding

$7.8M

Headquarters

Santa Cruz, California

Founded

2017


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Simplify's Take

What believers are saying

  • Spin's permanent operation in Milwaukee indicates strong city partnerships and growth potential.
  • The refurbishment of scooters in Akron reduces environmental impact and operational costs.
  • Spin's expansion into new cities like Corpus Christi and Greensboro shows global growth.

What critics are saying

  • Pittsburgh's pause on Spin's operations highlights safety and accessibility concerns.
  • Spin's acquisition by Bird may affect its operational autonomy and market strategy.
  • Offering promo codes for support letters in Pittsburgh could harm Spin's reputation.

What makes Spin unique

  • Spin offers dockless scooter services in major US cities like San Francisco.
  • The company collaborates with local governments to align with community needs and regulations.
  • Spin's pay-per-ride model ensures steady revenue and promotes frequent usage.

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Benefits

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

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