- Companies
- Superpedestrian
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
About Superpedestrian
Superpedestrian is a United States transportation-technology company that designed electric micromobility vehicles and operated shared scooter fleets. Founded in 2013 as a spinout from the Massachusetts Institute of Technology and based in Cambridge, Massachusetts, the company developed the LINK scooter and an integrated software and fleet-operations stack. Its vehicles used onboard diagnostics, geofencing, remote updates and safety-monitoring technology, while riders found and unlocked scooters through a mobile application. Municipalities and transport authorities granted operating permits, and consumers paid usage fees for short urban journeys; the company also developed and manufactured its own vehicle hardware. Superpedestrian expanded LINK from its 2020 launch to multiple cities in the United States and Europe and reported operations in 50 cities by October 2021. It entered shared-fleet operations by purchasing Zagster assets, later bought Navmatic for positioning and vehicle-control software, and used its Link Your City subsidiaries for local operations. OurCrowd backed Superpedestrian in November 2019 and again participated in its December 2020 financing before the Wind Mobility UK acquisition.
Founded
2012
HQ
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2022 | Series C | General Catalyst; fm Capital; Spark Capital; Jefferies; Citi Impact Fund; Antara Capital; Sony Innovation Fund | $125M | Superpedestrian, 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 2020 | Undisclosed stage | Winthrop Square Capital; Citi Impact Fund; OurCrowd | $60M | Superpedestrian, 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 2020 | Series A | Edison Partners (lead); General Catalyst; Spark Capital; One Way Ventures | $15M | On 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 2019 | Series C | General Catalyst; Spark Capital; Hanaco Venture Capital; Empire Angels; OurCrowd | $20M | Superpedestrian, 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 2018 | Series B | General Catalyst; Spark Capital; Tony Fadell | $17M | Superpedestrian 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 2015 | Series B | General Catalyst (lead); Spark Capital (lead); Paul Sagan; Jared Leto; Xavier Niel; Republic capital; Eastward Capital Partners | $21M | - |
| Apr 2014 | Series A | Spark 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?
23 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | Apr 2014 | ||
| 6 | Lead | Apr 2014 | ||
| 2 | Participant | Apr 2014 | ||
| 2 | Participant | Apr 2014 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Participant | Nov 2019 | ||
| 1 | Participant | Apr 2014 | ||
| 1 | Participant | Apr 2014 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Apr 2014 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | May 2018 | ||
This data is available for Pro users. Sign up to see all 23 Superpedestrian investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Superpedestrian
Superpedestrian has acquired 3 companies to date.
Last acquisition by Superpedestrian was on December 16th 2021. Superpedestrian acquired Wind Mobility UK for undisclosed valuation.
Latest Acquisitions by Superpedestrian
| Description | Wind Mobility UK is a British micromobility operating company incorporated in July 2020 to support app-based electric-scooter rental services. The company served as the local entity for Wind's Nottingham and Derby trial, one of the United Kingdom's government-authorized e-scooter pilots, and its registered office was in London. Riders located, unlocked and paid for vehicles through a mobile application, giving the business a usage-based and subscription revenue model rather than a vehicle-sales model. Wind's service used geofencing, parking rules and fleet operations to manage shared vehicles for short urban trips, while local staff handled battery changes, maintenance and redistribution. The broader Wind business was founded in 2017 and had previously operated dockless bicycles before concentrating on shared electric scooters across several markets. Companies House records identify WIND MOBILITY LTD as company number 12761415 and show that Link Your City UK Ltd acquired at least 75% of its shares and voting rights in December 2021. No distinct operating website for the UK legal entity was verified, so the former Wind group domain is not assigned to this subsidiary. | 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 Country | |||
| HQ City | London | San Francisco, CA | Boston, MA |
| Deal Date | 16 Dec 2021 | 20 Jul 2021 | 1 Jun 2020 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Superpedestrian acquisitions and their M&A valuation multiples. Start Free Trial | |||
Superpedestrian Competitors
Superpedestrian competitors include listed companies like Tesla, XPENG, Ninebot and Aima Technology Group, and private ones like Hozon and Rimac Group.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $95B | $10B | $1.4T | 13.1x | ||
| Publicly listed | $12B | $157M | $9.5B | 0.9x | ||
| Publicly listed | $3.2B | $337M | $3.8B | 0.6x | ||
| Publicly listed | $3.8B | $425M | $2.7B | 0.5x | ||
| Private | $1.9B | - | $2.6B | 1.5x | ||
| Private | $385M | - | $2.3B | 6.0x |
Superpedestrian Public Comps
Superpedestrian is still privately-owned, but its public comps include Tesla, CATL, BYD, General Motors, Volvo, LG Energy Solution, Ford, Rivian, Hyundai Motors India and SAIC Motor.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 14.6x | 13.1x | 137.6x | 93.3x | |||
| $64B | $16B | 2.3x | 1.7x | 9.2x | 7.8x | |||
| $121B | $18B | 0.9x | 0.9x | 6.4x | 5.9x | |||
| $185B | $15B | 1.0x | 0.9x | 11.8x | 8.2x | |||
| $49B | $7.1B | 1.8x | 1.7x | 12.3x | 11.1x | |||
| $18B | $3.5B | 4.6x | 3.5x | 23.1x | 19.9x | |||
| $187B | $2.1B | 1.0x | 1.0x | 84.3x | 13.5x | |||
| $5.4B | ($2.9B) | 3.7x | 2.7x | (6.9x) | (10.8x) | |||
This data is available for Pro users. Sign up to see all Superpedestrian competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Superpedestrian
| When was Superpedestrian founded? | Superpedestrian was founded in 2012. |
| Where is Superpedestrian headquartered? | Superpedestrian is headquartered in Cambridge, MA, 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 13 others. |
| Which companies are comparable to Superpedestrian? | Companies comparable to Superpedestrian include Tesla, XPENG, Ninebot, Aima Technology Group, Hozon and Rimac Group. |
| How many companies has Superpedestrian acquired? | Superpedestrian has acquired 3 companies, including Wind Mobility UK, Navmatic inc and Zagster. |
See companies similar to Superpedestrian
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




