Grow Mobility

São Paulo, Brazil Mobility Acquired

Grow Mobility was a Latin American micromobility and payments platform formed through the merger of Grin (Mexican electric scooter pioneer) and Yellow (Brazilian dockless bike and scooter-sharing service). The company operated dockless electric scooters and bikes across multiple Latin American cities including Brazil, Mexico, Colombia, Peru, Uruguay, and Chile, managing over 135,000 vehicles at peak operations.

Acquired

Grow Mobility has been acquired

Acquired by Mountain Nazca (Nazca Ventures) March 11, 2020 $1 (nominal)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2019

Total Funding

$150M

1 rounds

Funding

Total raised $150M across 1 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series A (combined post-merger)

Date

January 30, 2019

Amount

$150M

Valuation

Lead Investors

Not disclosed

Leadership

  • Roberto Álvarez Cadavieco

    Global Chief Executive Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Lime

    Global electric scooter and bike-sharing platform with operations in North America and Europe.

  • Bird

    Micromobility platform providing electric scooters and bikes across multiple markets.

  • Uber (JUMP)

    Uber's bike and scooter-sharing service operating across multiple cities.

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