Tech Company Financing Transactions

Lime Funding Round

Lime, operating out of San Francisco, received $50 million from Coatue Management, AME Cloud Ventures and Andreessen Horowitz.

Transaction Overview

Company Name

Lime

Announced On

10/17/2017

Transaction Type

Venture Equity

Amount

$50,000,000

Round

Series B

Investors

Coatue Management (Lead Investor) (Thomas Laffont)

AME Cloud Ventures (Jerry Yang)

Andreessen Horowitz (Jeffery Jordan)

DCM Ventures (Kyle Lui)

Durant Company

Franklin Templeton

GGV Capital (Hans Tung)

Section 32 (William Maris)

StartX

Proceeds Purpose

The new funds will be used to expand operations, support ongoing upgrades to the bike design and the mobile app, and increase the size of the current deployed fleet by ten times towards the end of 2017.

Company Information

Company Status

Private & Independent

Industry

Transportation

Mailing Address

1 Sansome St. 21st Floor
San Francisco, CA 94104
USA

Phone

(888) 546-3345

Website

www.li.me

Email Address

[email protected]

Overview

Whether you are headed to work, class, or back from a late night out, find a LimeBike within blocks (in partner cities and campuses) and get there for a fraction of the price of an Uber.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chairman

Brad Bao

Chief Executive Officer

Toby Sun

Chief Financial Officer

Scot Mollot

Chief Technical Officer

Charlie Gao

Co-Founder

Adam Zhang

Vice President

Harry Zhao

VP - Bus. Development

Andrew Savage

VP - Marketing

Caen Contee

VP - Operations

DJ Wei

Browse more venture capital transactions:

Prev: 10/17/2017: Court Buddy venture capital transaction
Next: 10/17/2017: Long-Term Stock Exchange venture capital transaction

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