Superpedestrian Funding, Investors & Competitors

Superpedestrian has raised $260M across 7 funding rounds, most recently a $125M Series C in February 2022.

Last Superpedestrian funding round

$125M

Series C · Feb 2022

Cumulative funding Superpedestrian raised

$260M

across 7 funding rounds

Key investors in Superpedestrian

  • General Catalyst
  • Spark Capital
  • OurCrowd
  • Citi Impact Fund
  • Jared Leto
  • Paul Sagan
  • Xavier Niel
  • Hanaco Venture Capital

Superpedestrian Overview

About Superpedestrian

Superpedestrian is an MIT spinout, founded in 2013, that develops transportation robotics and operates the LINK shared e-scooter service. Its AI-based safety systems, including Pedestrian Defense and Vehicle Intelligence, integrate sensors and software to detect and prevent unsafe riding behaviors such as sidewalk riding. The company holds more than 40 patents covering autonomous failure protection, fleet optimization, and vehicle context awareness, with LINK scooters operating across dozens of cities in the US and Europe.


Founded

2012

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Superpedestrian Funding History

Superpedestrian has raised a total of $260M across 7 funding rounds.

Superpedestrian's first fundraising round was a $2M Series A in April 2014. The most recent completed round was a $125M Series C in February 2022.

Superpedestrian funding rounds

Superpedestrian funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2022Series CGeneral Catalyst; fm Capital; Spark Capital; Jefferies; Citi Impact Fund; Antara Capital; Sony Innovation Fund$125MSuperpedestrian, an MIT spinout founded in 2013, develops transportation robotics and operates the LINK shared e-scooter service, focusing on advanced AI-based safety systems like Pedestrian Defense and Vehicle Intelligence, which integrate sensors and software to prevent hazards and unsafe riding behaviors such as sidewalk riding. The company announced its largest funding round on February 1, 2022, closing $125 million in a mix of debt and equity from investors including Jefferies, Antara Capital, Sony Innovation Fund by IGV, FM Capital, Spark Capital, General Catalyst, and Citi Impact Fund. This Series C round followed a $60 million Series B in late 2020, bringing total funding to around $264 million at the time. The proceeds were allocated to expand the LINK e-scooter service into additional markets, deploy scooters equipped with the new Pedestrian Defense safety system across the first 25 cities in the US and Europe during 2022, and enhance R&D programs for broader applications of its Vehicle Intelligence software, which has attracted interest from small delivery vehicle fleets and other transportation operators. At the time, LINK scooters were available in 57 cities across the US and Europe, positioning Superpedestrian as a leader in safe, human-scale micromobility solutions with over 40 patents in autonomous failure protection, fleet optimization, and vehicle context awareness. The round underscored investor confidence in Superpedestrian's technology, described as the 'Volvo of e-scooters' for its proactive safety features, amid growing regulatory demands for advanced geofencing and hazard response in urban environments. Investors highlighted the company's best-in-class vehicles, software platform, and efficient operations for integrating electric vehicles into dense city streets.
Dec 2020Undisclosed stageWinthrop Square Capital; Citi Impact Fund; OurCrowd$60MSuperpedestrian, an MIT spinoff founded in 2013, raised $60 million on December 21, 2020, from investors including Citi Impact Fund, OurCrowd, Winthrop Square Capital, and others to fuel expansion of its LINK scooter fleet featuring on-board intelligence and active safety systems. The company had previously invested eight years and $75 million to patent over 30 electric vehicle technologies, positioning LINK as the industry's only e-scooter with such capabilities. At the time, thousands of LINK scooters operated across 12 cities including Seattle, Oakland, Rome, and Madrid, with plans to expand to 25 more cities like New York. The funding brought Superpedestrian's total capital raised to about $140 million. Investors highlighted the company's sustainable growth, high vehicle durability (98.7% of 2020-deployed scooters still operational), zero serious injuries, zero recalls, and precise fleet management. Citi's Ed Skyler noted the product's profitability and alignment with societal goals for safe, sustainable urban transport, complementing initiatives like Citi Bike. Superpedestrian differentiated itself through advanced diagnostics, sensors detecting multi-rider attempts, and low maintenance costs in a challenging scooter market. The round supported scaling amid competition, with operations spanning the US and Europe since LINK's January 2020 launch in Fort Pierce, Florida.
Jun 2020Series AEdison Partners (lead); General Catalyst; Spark Capital; One Way Ventures$15MOn June 4, 2020, Edison Partners led a $15 million growth investment in Superpedestrian, with participation from existing investors Spark Capital and General Catalyst. The round followed Superpedestrian's $20 million financing announced in November 2019. The investment was made in conjunction with Superpedestrian's acquisition of Zagster, a shared micromobility and fleet operations management company based in Boston that had been founded in 2007. Superpedestrian, founded in 2013 by MIT urban transport experts including CEO Assaf Biderman, had spent years developing proprietary safety technology for autonomous e-scooters, including its Pedestrian Defense system designed to alert riders when breaking traffic rules. The company launched its LINK scooter product in 2020 after extended development to prioritize safety and reliability.
Nov 2019Series CGeneral Catalyst; Spark Capital; Hanaco Venture Capital; Empire Angels; OurCrowd$20MSuperpedestrian, a Boston-based mobility engineering company founded by MIT urban transport experts, develops intelligent e-scooters with self-diagnostic capabilities, vehicle intelligence platforms for detecting malfunctions, and features like extended battery life up to seven days and geofencing for speed limits. In November 2019, the company raised $20 million from investors including Spark Capital, General Catalyst, Hanaco Ventures, and Empire Angels, bringing total funding to $64 million to support production, rollout of scooter fleets, and launches in multiple markets starting January 2020. The scooters target shared micromobility operators with competitive pricing, emphasizing safety through continuous monitoring of issues like water penetration, battery imbalances, and braking problems. This round preceded further investments, such as a $15 million growth investment led by Edison Partners in June 2020, joined by Spark Capital and General Catalyst, to integrate assets from Zagster's shared micromobility operations and expand LINK scooter sharing in new U.S. markets like Fort Pierce, Florida. Superpedestrian planned eventual direct-to-consumer sales but focused initially on B2B operator partnerships.
May 2018Series BGeneral Catalyst; Spark Capital; Tony Fadell; Charles Kim$17MSuperpedestrian raised funding in a Series B round in 2018 from investors including General Catalyst and Spark Capital. The company, founded in 2013, develops intelligent electric scooters and micromobility solutions with advanced vehicle intelligence for safety and reliability. Superpedestrian has secured total funding exceeding $243 million across multiple rounds, including Series B extensions in 2019 and 2020, and a Series C in 2022.
Jul 2015Series BGeneral Catalyst (lead); Spark Capital (lead); Paul Sagan; Jared Leto; Xavier Niel; Republic capital; Eastward Capital Partners$21M-
Apr 2014Series ASpark Capital (lead); Nikita Salnikov-Tarnovski; General Catalyst; David Karp; Slava Rubin; Paul Sagan; Jared Leto; Terrapin Bale Venture Fund & Studio$2M-

Who has invested in Superpedestrian?

24 investors have backed Superpedestrian across its funding rounds, including General Catalyst, Spark Capital, OurCrowd, Citi Impact Fund, Jared Leto and Paul Sagan.

Lead investors include Edison Partners, General Catalyst and Spark Capital.


Superpedestrian Investors

Investors in Superpedestrian by funding rounds participated
InvestorHQRoundsRoleFirst check
General CatalystUnited StatesSan Francisco, CA6LeadApr 2014
Spark CapitalUnited StatesSan Francisco, CA6LeadApr 2014
Paul SaganCanadaToronto2ParticipantApr 2014
Jared LetoUnited StatesLos Angeles, CA2ParticipantApr 2014
Citi Impact FundUnited StatesUnited States2ParticipantDec 2020
OurCrowdIsraelJerusalem2ParticipantNov 2019
Nikita Salnikov-TarnovskiEstoniaEstonia1ParticipantApr 2014
David KarpUnited StatesNew York City, NY1ParticipantApr 2014
Winthrop Square CapitalUnited StatesBoston, MA1ParticipantDec 2020
fm CapitalUnited StatesBoulder, CO1ParticipantFeb 2022
Slava RubinUnited StatesNew York City, NY1ParticipantApr 2014
One Way VenturesUnited StatesBoston, MA1ParticipantJun 2020
Tony FadellFranceParis1ParticipantMay 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Superpedestrian

Superpedestrian has acquired 2 companies to date.

Last acquisition by Superpedestrian was on July 20th 2021. Superpedestrian acquired Navmatic inc for undisclosed valuation.


Latest Acquisitions by Superpedestrian

Navmatic inc
Zagster
Description
Navmatic is a developer of centimeter-level GNSS positioning solutions combining cloud RTK corrections with sensor fusion for drones and robotics. Headquartered in Espoo, Finland, the platform mitigates multipath errors in urban environments. Navmatic serves agriculture and surveying sectors in Europe with SDKs for PX4 and ROS integration.
Zagster is a bike-share operator deploying stationless and docked systems for universities, corporate campuses, hotels, and apartments throughout the United States. The company equips programs with custom bikes, locking technology, rider apps, and 24/7 maintenance support. Founded in 2007 and Cambridge, Massachusetts-headquartered, Zagster manages over 100 deployments including MIT and Yale.
HQ CountryUnited StatesUnited States
HQ City
San Francisco, CA
Boston, MA
Deal Date20 Jul 20211 Jun 2020
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Superpedestrian Competitors

Superpedestrian competitors include listed companies like Tesla, XPENG, Ninebot and Aima Technology Group, and private ones like Hozon and Rimac Group.

Public and private companies comparable to Superpedestrian
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TeslaUnited StatesUnited StatesPublicly listed$95B$10B$1.4T13.8x
XPENGChinaChinaPublicly listed$11B$156M$10B1.0x
NinebotChinaChinaPublicly listed$3.2B$335M$4.1B0.7x
HozonChinaShanghaiPrivate$831M-$4B4.8x
Aima Technology GroupChinaChinaPublicly listed$3.7B$422M$2.8B0.6x
Rimac GroupCroatiaZagrebPrivate$385M-$2.3B6.0x

Superpedestrian Public Comps

Superpedestrian is still privately-owned, but its public comps include Tesla, CATL, BYD, General Motors, Volvo, LG Energy Solution, Ford, Rivian, SAIC Motor and Hyundai Motors India.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
CATL$63B$16B2.8x2.1x11.0x9.2x
BYD$120B$18B0.9x0.9x6.3x5.8x
General Motors$185B$15B1.0x1.0x12.1x8.5x
Volvo$49B$7.1B1.9x1.7x12.8x11.4x
LG Energy Solution$17B$3.4B4.8x3.9x24.1x22.2x
Ford$187B$2.1B1.0x1.0x86.7x14.5x
Rivian$5.4B($2.9B)4.2x3.3x(7.8x)(11.5x)

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Common questions about Superpedestrian

When was Superpedestrian founded?Superpedestrian was founded in 2012.
Where is Superpedestrian headquartered?Superpedestrian is headquartered in United States.
Is Superpedestrian publicly listed?No, Superpedestrian is a private, VC-backed company.
How much funding has Superpedestrian raised?Superpedestrian has raised $260M across 7 funding rounds.
What was Superpedestrian's last funding round?Superpedestrian's last funding round was a $125M Series C in February 2022.
Who are Superpedestrian's investors?Superpedestrian's investors include General Catalyst, Spark Capital, Paul Sagan, Jared Leto, Citi Impact Fund, OurCrowd, Nikita Salnikov-Tarnovski, David Karp, Winthrop Square Capital, fm Capital and 14 others.
Which companies are comparable to Superpedestrian?Companies comparable to Superpedestrian include Tesla, XPENG, Ninebot, Hozon, Aima Technology Group and Rimac Group.
How many companies has Superpedestrian acquired?Superpedestrian has acquired 2 companies, including Navmatic inc and Zagster.

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