Citi Bike

New York, United States Founded: 2013 • Age: 13 yrs
Bicycles are rented via an app-based sharing system from stations.
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About Citi Bike

Citi Bike is a company based in New York (United States) founded in 2013.. Citi Bike offers products and services including Citi Bike Membership, Single Ride, and Day Pass. Citi Bike operates in a competitive market with competitors including Mobike, nextbike, JUMP Bikes, Social Bicycles and Ofo, among others.

  • Headquarter New York, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Motivate International, Inc.
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Citi Bike

Citi Bike offers a comprehensive portfolio of products and services, including Citi Bike Membership, Single Ride, and Day Pass. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides access to unlimited bike rides in NYC

Offers 30-minute bike access for individual use

Allows unlimited 30-minute rides for one day

People of Citi Bike
Headcount 50-200
Employee Profiles 2
Employee Profiles
People
Marlo Ward
Administrative Assitant

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Teams

Funding Insights of Citi Bike

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2015 Amount Seed - Citi Bike Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Citi Bike

Citi Bike has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Partnership for New York City. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Economic growth is supported via family-backed investments in New York.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Citi Bike

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Citi Bike

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Citi Bike Comparisons

Employees
+
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Competitors of Citi Bike

Citi Bike operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mobike, nextbike, JUMP Bikes, Social Bicycles and Ofo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
App-based rental platform offering bicycles
domain founded_year HQ Location
End-to-end solutions for bicycle sharing
domain founded_year HQ Location
Online platform offering electric bicycle sharing system
domain founded_year HQ Location
App-based dockless bicycle sharing is enabled for campuses and municipalities.
domain founded_year HQ Location
Operates a free-float bicycle rental platform for urban mobility.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Citi Bike

Frequently Asked Questions about Citi Bike

When was Citi Bike founded?

Citi Bike was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Citi Bike located?

Citi Bike is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Citi Bike do?

Citi Bike is an app-based platform that offers bicycles for rents. Using the app, users can see nearby bike stations. Bikes can be unlocked using a unlock PIN code. After rides, bikes can be locked at a nearby bike station. Membership plans include 12day, 24 for 3 days 155year. App is available for both iOS Android platforms. Operated by Motivate International, Inc.

Who are the top competitors of Citi Bike?

Citi Bike's top competitors include nextbike, Mobike and Social Bicycles.

What products or services does Citi Bike offer?

Citi Bike offers Citi Bike Membership, Single Ride, and Day Pass.

Who are Citi Bike's investors?

Citi Bike has 1 investor. Key investors include Partnership for New York City.

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