Full-Time
Provides shared electric bikes and scooters
$86k - $158k/yr
Senior
Remote in USA
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Lime is the largest shared electric vehicle provider, focusing on micromobility solutions like electric bikes and scooters. Users can rent these vehicles through a mobile app, which allows them to locate, unlock, and pay for rides conveniently. Lime operates in various cities worldwide, catering to urban commuters and tourists seeking eco-friendly transportation. The company generates revenue primarily through ride fees based on ride duration. Lime differentiates itself by continuously upgrading its fleet, including the latest Gen4 electric scooters, and exploring partnerships with cities to integrate its services into public transport. The goal is to promote shared, affordable, and carbon-free transportation.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$1.5B
Headquarters
San Francisco, California
Founded
2017
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Opportunity to revolutionize transportation in cities around the world with the leader in urban micro-mobility solutions
Scale with a rapidly growing organization, with significant opportunity for growth
Play a role in the transformation of urban mobility and sustainability
Work with a team of successful, fun and motivated people
Competitive salary and benefits
Lime has launched its latest e-bike, featuring an array of upgrades.
Lime said Tuesday (Feb. 18) that it saw record demand in 2024 for the shared electric bikes and scooters it deploys in partnership with cities.Compared to 2023, the micromobility company provided 30% more rides, gained 31% more gross bookingsand earned 32% more net revenue, Lime said in a press release outlining its unaudited financial results for 2024.In terms of numbers, Lime’s totals for 2024 included more than 200 million rides, $810 million in gross bookings and $686 million in net revenue, according to the release.“As we continue to expand our fleet, our permit win and retention rates demonstrate that Lime remains the clear choice for cities seeking to reduce traffic congestion and meet carbon emission goals,” Lime CEO Wayne Ting said in the release. “While we saw record demand in 2024, we’re just scratching the surface of micromobility’s potential to transform cities and better connect people.”During the year, Lime expanded to more than 20 new cities globally, launched in Japan and Greece, and expanded its average operational fleet by 20% to top 270,000 vehicles globally, according to the release.Lime’s electric bikes and scooters are now available in 280 cities, according to its website.The company’s two-wheeled, emissions-free rides are designed to serve trips under five miles. In 2024, they replaced an estimated 43 million car trips, thereby avoiding 20,000 metric tons of CO2 emissions and 2.2 million gallons of gas, per the release.“As we continue to advance our mission, we are driving consistent growth through fleet expansion, increased rider utilization, geographic expansion and continuous innovation,” Lime Chief Financial Officer Ann Gugino said in the release.Lime has been positioning itself for an initial public offering (IPO) by pledging to maintain double-digit growth in bookings and by hiring a chief legal officer and a chief technology officer, Bloomberg reported Tuesday.The company considered an IPO in 2021 before public equity markets dried up, according to the report.Ting told Bloomberg that the company has been waiting for the right macro environment and has been focused on building a “track record” of profitability and free cash flow in the meantime, per the report.When Lime raised $523 million in convertible debt and term loan financing in November 2021, Ting said the round was “significantly oversubscribed” and showed investor confidence that the company would be going public
In October 2024, Lime launched "Lime Parking Wardens," offering incentives for riders who park their e-scooters properly.
In July 2022, Lime Company launched a computer vision platform that is designed to power Lime's safety innovations, initiating with advanced sidewalk detection that helps in reducing pavement riding in its scooters.
Knoxville residents and visitors now have a new way to navigate the city. On Monday, October 21, Lime, a global leader in micromobility, launched a fleet of electric scooters and... The post Lime rolls into Knoxville: First e-scooter fleet hits downtown streets appeared first on Teknovation.biz.