About Social Bicycles
Social Bicycles is a company based in New York (United States) founded in 2010.. Social Bicycles has raised $3.6 million across 2 funding rounds from investors including SOSV, Esther Dyson and Amol Sarva. Social Bicycles offers products and services including Social Bicycles App. Social Bicycles operates in a competitive market with competitors including Mobike, nextbike, JUMP Bikes, Citi Bike and Ofo, among others.
- Headquarter New York, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.6 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Aug 08, 2014
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Investors
SOSV
& 2 more
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Employee Count
Employee Count
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Products & Services of Social Bicycles
Social Bicycles offers a comprehensive portfolio of products and services, including Social Bicycles App. 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.
App for renting and tracking smartbikes in urban areas
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Software Development Team
82 people
Operations Team
79 people
Leadership Team
31 people
Senior Team
25 people
Human Resources and Administration
20 people
Finance and Accounting
14 people
General Team
9 people
Creative and Marketing Team
8 people
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Funding Insights of Social Bicycles
Social Bicycles has successfully raised a total of $3.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $2.5M
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First Round
First Round
(01 May 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Series A - Social Bicycles | Valuation |
investors |
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| May, 2013 | Amount | Seed - Social Bicycles | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Social Bicycles
Social Bicycles has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include SOSV, Esther Dyson and Amol Sarva. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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ED
Esther Dyson |
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Founded Year | Domain | Location |
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AS
Amol Sarva |
Entrepreneur and angel investor, co-founder of Knotel and Halo Neuroscience.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Social Bicycles
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Social Bicycles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Social Bicycles Comparisons
Competitors of Social Bicycles
Social Bicycles 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, Citi Bike 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
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| domain | founded_year | HQ Location |
End-to-end solutions for bicycle sharing
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| domain | founded_year | HQ Location |
Online platform offering electric bicycle sharing system
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| domain | founded_year | HQ Location |
Bicycles are rented via an app-based sharing system from stations.
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| domain | founded_year | HQ Location |
Operates a free-float bicycle rental platform for urban mobility.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Social Bicycles
Frequently Asked Questions about Social Bicycles
When was Social Bicycles founded?
Social Bicycles was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Social Bicycles located?
Social Bicycles is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Social Bicycles a funded company?
Social Bicycles is a funded company, having raised a total of $3.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on May 01, 2013.
What does Social Bicycles do?
Founded in 2010 and based in New York, United States, Social Bicycles operates in the mobility technology sector. A dockless system is provided, featuring GPS-equipped bicycles, wireless connectivity, and management software. Rentals are facilitated through iOS and Android apps, with options for hub returns or public rack locking. Services target educational campuses, enterprises, municipalities, and bike-sharing operators, supported by reservation platforms and station infrastructure.
Who are the top competitors of Social Bicycles?
What products or services does Social Bicycles offer?
Social Bicycles offers Social Bicycles App.
Who are Social Bicycles's investors?
Social Bicycles has 3 investors. Key investors include SOSV, Esther Dyson, and Amol Sarva.
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