Bird Revenue, Valuation, Funding & Investors
Bird is valued at $3B as of October 2020, a 31.6x multiple on its last reported $95M revenue.
Last Bird valuation
$3B
Series C · Oct 2020
Last Bird funding round
$800M
Series C · Apr 2021
Bird revenue
$95M
Series C · Oct 2020
Key investors in Bird
Y Combinator
Accel
Atomico
Lightrock
Glynn Capital Management
NewView Capital
About Bird
Bird is an Amsterdam-headquartered cloud communications platform connecting businesses to customers via SMS, voice, WhatsApp, WeChat, Messenger, and email. Founded in 2011, it provides APIs, flow builders, and omnichannel dashboards from nine global hubs including London, New York, and Singapore. Enterprises in e-commerce, fintech, and delivery scale messaging workflows with carrier-grade reliability.
Founded
2011
HQ
AmsterdamWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
Revenue
$95M (Oct 2020)
Valuation
$3B (Oct 2020)
Bird Valuation
Bird is currently valued at $3B, based on its Series C in October 2020.
The $200M round was led by Spark Capital, with participation from Y Combinator, NewView Capital, Mousse Partners, Lightrock, Longbow Capital and 4 other investors.
Bird's valuation has grown 10x from $300M at its Series A in October 2017 to $3B in October 2020, across 3 priced rounds.
Bird valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2020 | Series C | $3B | 31.6x |
| Feb 2019 | Series B | $2.8B | - |
| Oct 2017 | Series A | $300M | - |
Bird Revenue
Bird's latest recorded revenue is $95M, as of its Series C in October 2020. At a $3B valuation, that implies a 31.6x revenue multiple.
Bird revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2020 | $95M | $3B | 31.6x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Bird Funding History
Bird has raised a total of $1.1B across 5 funding rounds.
Bird's first fundraising round was a $100K pre-seed round in August 2016. The most recent completed round was a $800M Series C in April 2021.
Bird funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2021 | Series C | Y Combinator; NewView Capital; Blue Owl Capital Corp.; BlackRock; Tiger Global; Eurazeo; Lightrock; Longbow Capital; Glynn Capital Management; Bonnier Capital; Accel; Atomico | $800M | - | Bird is a shared electric scooter startup operating in over 200 cities across three continents. The company's 2020 revenue was $95 million, down 37% from the prior year, amid challenges including workforce reductions. |
| Oct 2020 | Series C | Spark Capital (lead); Y Combinator; NewView Capital; Mousse Partners; Lightrock; Longbow Capital; Glynn Capital Management; Bonnier Capital; Accel; Atomico | $200M | $3B | MessageBird, known as Bird, is an Amsterdam-headquartered cloud communications company providing an omnichannel platform-as-a-service that enables messaging-first customer communication tools across multiple channels. The company, founded in 2011, was largely bootstrapped for its first six years and claims profitability from day one, passing through Y Combinator's accelerator before raising institutional capital. In October 2020, Bird raised $200 million in a Series C round led by Spark Capital, with participation from new investors Bonnier, Glynn Capital, LGT Lightstone (noted as Lightrock), Longbow, Mousse Partners, and NewView Capital, plus existing backers Accel, Atomico, and Y Combinator. This round valued the company at $3 billion post-money. The funding came amid accelerated growth and the coronavirus-driven shift toward remote, online sales and customer service, expediting enterprise digitization already in progress. Prior to Series C, Bird had quietly closed a $40 million Series B in February 2019 from existing investors, following a $60 million Series A in late 2017. The Series C proceeds were earmarked to triple the global team size and expand into core markets in Europe, Asia, and Latin America, with potential for M&A including acqui-hires or complementary technologies to enhance its omnichannel offerings. Bird's fundraising continued post-Series C, with an $800 million round in April 2021 led by Eurazeo, Tiger Global, Owl Rock Capital, and BlackRock, achieving a $3 billion valuation and funding the SparkPost acquisition plus IPO preparations, bringing total raised to $1.1 billion. The company positions itself for further growth amid competition from U.S. players, focusing on integrating acquisitions and scaling operations. |
| Feb 2019 | Series B | - | $40M | $2.8B | Bird is a dockless electric scooter startup founded in 2017, offering shared micromobility services and expanding into bikes and mopeds. This followed a $300 million Series C in June 2018 at $2 billion valuation and prior rounds including $15 million Series A in February 2018, $100 million Series B in March 2018, and $150 million Series C earlier. Total funding reached over $548 million by mid-2019. The Series D funds were intended to support scaling operations in more cities, particularly in Europe, after shifting focus from growth to positive unit economics, as stated by CEO Travis VanderZanden. Bird had acquired Scoot for around $25 million in June 2019, gaining expertise in city partnerships and expanding into traditional bicycles and mopeds, while planning to keep Scoot as a separate brand. The company also launched the Bird Zero scooter (over 75% of fleet) with positive unit economics and began selling scooters directly to consumers. Investors included Sequoia Capital, Index Ventures, Valor Equity Partners, and others. Bird's rapid rise made it Silicon Valley's fastest unicorn, reaching $1 billion valuation in under a year, but it faced later challenges leading to a SPAC IPO in 2021 and eventual bankruptcy in 2024. |
| Oct 2017 | Series A | Accel (lead); Y Combinator; Atomico | $60M | $300M | Bird Rides Inc., founded in 2017 by Travis VanderZanden, is a shared electric scooter and later moped company that launched dockless e-scooters in Los Angeles, quickly expanding to cities like San Francisco, San Jose, and Washington, D.C. The company pioneered micromobility services aimed at reducing urban traffic and pollution through short-distance rentals accessed via an app. In March 2017, Bird raised $100 million in a round reportedly on a $300 million valuation, with investors including Accel as lead alongside others like Atomico and Y Combinator in early funding. This followed a $15 million Series A in February 2018, fueling rapid deployment of scooters across over 300 cities worldwide and diversification into mopeds, franchises via Bird Platform, and direct scooter sales starting at $1,299. Traction included millions of rides, with early metrics showing 10 million rides by mid-2018 implying accrued revenue estimates around $25 million at $2.50 per ride, though not explicitly termed revenue or ARR for 2017. Bird achieved unicorn status rapidly, raising further in 2018 ($150 million Series C at $1 billion) and beyond, backed by Sequoia Capital, Greycroft, and others, totaling over $965 million raised. Competitively, Bird vied with Lime and Spin amid regulatory hurdles like San Francisco scooter removals. Despite peak valuations reaching $2.5-$2.7 billion in Series D (2019-2020, expanded to $350 million including Circ acquisition), cash burn led to challenges; Q1 2019 showed $15 million revenue against $100 million losses. Bird went public via SPAC in 2021 at $2.3 billion valuation but filed for Chapter 11 bankruptcy in December 2024, selling assets to Third Lane Mobility. |
| Aug 2016 | Pre-seed | Y Combinator (lead) | $100K | - | - |
Who has invested in Bird?
14 investors have backed Bird across its funding rounds, including Y Combinator, Accel, Atomico, Lightrock, Glynn Capital Management and NewView Capital.
Lead investors include Spark Capital, Accel and Y Combinator.
Bird Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 San Francisco, CA | 4 | Lead | Aug 2016 | |
| Palo Alto, CA | 3 | Lead | Oct 2017 | |
 London | 3 | Participant | Oct 2017 | |
| San Francisco, CA | 2 | Participant | Oct 2020 | |
| London | 2 | Participant | Oct 2020 | |
 Calgary | 2 | Participant | Oct 2020 | |
| San Francisco, CA | 2 | Participant | Oct 2020 | |
 Stockholm | 2 | Participant | Oct 2020 | |
| San Francisco, CA | 1 | Lead | Oct 2020 | |
| New York City, NY | 1 | Participant | Apr 2021 | |
| United States | 1 | Participant | Apr 2021 | |
| New York City, NY | 1 | Participant | Apr 2021 | |
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Start Free TrialAcquisitions by Bird
Bird has acquired 6 companies to date.
Last acquisition by Bird was on April 28th 2021. Bird acquired SparkPost for $600M.
Latest Acquisitions by Bird
| Description | SparkPost is a cloud-based email delivery platform providing APIs for sending and receiving transactional and marketing messages. Customers such as Pinterest, LinkedIn, Twitter, Groupon, Zillow, and Comcast rely on it for inbox placement, analytics, and scalability, handling billions of emails daily. Acquired by MessageBird in 2020, the New York-based service supports high-volume senders across industries with real-time insights and suppression lists. | 24sessions is a Vienna-headquartered video customer engagement platform used by banks like ING, Aegon, and S&P Global. The service automates scheduling, records sessions for compliance, and collects post-meeting reviews to scale personalized interactions via web browsers without app downloads. | Hull is a Melbourne-headquartered customer data platform unifying sales, marketing, and support data in real-time. It collects, enriches, and synchronizes information across tools like HubSpot, Intercom, and Segment for high-growth companies. The platform enables personalized customer journeys through behavioral scoring and workflow automation serving e-commerce and SaaS businesses globally. | Pusher is a London-headquartered hosted API service founded in 2011 that powers real-time features in web and mobile applications via WebSockets. Developers use its Beams, Channels, and Chatkit products to implement live updates, chat, and notifications in apps like Slack clones and gaming platforms. Pusher handles scaling to millions of connections, integrating with JavaScript, iOS, Android, and server-side languages. MessageBird acquired it in 2021, expanding its global infrastructure. | |
| HQ Country | | | | | |
| HQ City | Baltimore, MD | - | Atlanta, GA | London | |
| Deal Date | 28 Apr 2021 | 30 Mar 2021 | 30 Mar 2021 | 16 Dec 2020 | |
| Valuation | $600M | undisclosed | undisclosed | $35M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Bird Competitors
Bird competitors include listed companies like AvePoint and SoundHound, and private ones like Lucid Software, Parloa, Podium and Nextiva.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Salt Lake City, UT | Private | $200M | - | $3B | 15.0x | |
 Berlin | Private | $50M | - | $3B | 60.0x | |
| Salt Lake City, UT | Private | $100M | - | $3B | 30.0x | |
| United States | Publicly listed | $419M | $42M | $2.9B | 5.1x | |
| Phoenix, AZ | Private | $250M | - | $2.7B | 10.8x | |
| United States | Publicly listed | $169M | $19M | $2.7B | 11.3x |
Bird Public Comps
Bird is still privately-owned, but its public comps include AvePoint, SoundHound, Sinch, Five9, Asana, Calix, Monday.com, Lumine Group, Weaver Network and Bandwidth.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $419M | $42M | 5.9x | 5.1x | 58.4x | 27.4x | |||
| $169M | $19M | 14.6x | 11.3x | 132.5x | (35.5x) | |||
| $2.8B | $313M | 1.5x | 1.4x | 13.2x | 11.1x | |||
| $1.1B | $91M | 2.4x | 2.2x | 30.1x | 9.1x | |||
| $791M | ($175M) | 2.8x | 2.7x | (12.8x) | 22.8x | |||
| $1B | $38M | 2.0x | 1.8x | 52.9x | 13.6x | |||
| $1.2B | $8M | 2.4x | 2.1x | 368.8x | 13.3x | |||
| $766M | $278M | 5.3x | 4.2x | 14.4x | 12.6x | |||
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Common questions about Bird
| When was Bird founded? | Bird was founded in 2011. |
| Where is Bird headquartered? | Bird is headquartered in Amsterdam, Netherlands. |
| Is Bird publicly listed? | No, Bird is a private, VC-backed company. |
| What is Bird's valuation? | Bird was last valued at $3B in its Series C in October 2020. |
| How much funding has Bird raised? | Bird has raised $1.1B across 5 funding rounds. |
| What was Bird's last funding round? | Bird's last funding round was a $800M Series C in April 2021. |
| Who are Bird's investors? | Bird's investors include Y Combinator, Accel, Atomico, NewView Capital, Lightrock, Longbow Capital, Glynn Capital Management, Bonnier Capital, Spark Capital, Blue Owl Capital Corp. and 4 others. |
| What is Bird's revenue? | Bird's latest recorded revenue is $95M (October 2020). |
| What is Bird's revenue multiple? | Bird's latest valuation implies a 31.6x revenue multiple ($3B valuation on $95M of revenue). |
| Which companies are comparable to Bird? | Companies comparable to Bird include Lucid Software, Parloa, Podium, AvePoint, Nextiva and SoundHound. |
| How many companies has Bird acquired? | Bird has acquired 6 companies, including SparkPost, 24sessions, Hull, Pusher and Telserv. |
| What was the largest acquisition by Bird? | The $600M acquisition of SparkPost in April 2021 is the largest acquisition Bird has made to date. |
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