Lime

San Francisco, California, United States Transportation Public

Lime is a shared micromobility operator. It runs dockless fleets of electric scooters and electric bikes that riders locate and unlock through a smartphone app, working under permit with city transport authorities. Lime describes itself as the largest global shared micromobility business: as of 31 December 2025 it operated in approximately 230 cities across 29 countries and served roughly 19 million riders during 2025, and it has powered more than one billion rides to date. Founded in January 2017 as LimeBike by Brad Bao and Toby Sun, it is headquartered in San Francisco and has traded on Nasdaq as LIME since July 2026.

Public Company

Lime is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

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

Founded

2017

Employees

1,001–5,000

Total Funding

$1.71B

11 rounds

Last Private Valuation

$1.7B

Jul 4, 2022

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

2 signals
IPO Recent price $25/share; raised ~$167M; valuation ~$1.66B 2026-06-30

Priced IPO at $25/share, raised ~$167M at ~$1.66B valuation, began trading on Nasdaq as LIME

Pre-IPO holders now have a public-market exit; secondary trading moves to the open market

Restructuring Recent ~$1B current liabilities; $846M due within 12 months 2026-05-08

S-1 warns 'substantial doubt' about going concern absent IPO proceeds.

Going-concern flag; secondary marks should price IPO-or-bust scenario.

Funding

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

Rounds in grey italics are unconfirmed.

Total raised $1.71B across 11 rounds

Last updated 10-13-2026

DateRoundAmount RaisedValuationLead Investors
May 8, 2026 IPO registration (S-1 filed) TechCrunch TBD (est. ~$250M target) — Goldman Sachs, JPMorgan Chase
Oct 5, 2023 Senior secured term loan $115M — Not disclosed
Jul 4, 2022 Venture round $310M $1.7B Bain Capital Ventures, Andreessen Horowitz, Fidelity Investments +2 more

Valuation Trajectory

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

$50M $100M $200M $500M $1B $2B 2018 2019 2020 2021 2022 Lime

Entry · Series A

$42M

Mar 2017

Lime today

$1.7B

Jul 2022 · latest mark

Lime multiple

40.5x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Wayne Ting

    Chief Executive Officer

    LinkedIn
  • Ann Gugino

    Chief Financial Officer

  • Hannah McClellan

    Chief Operating Officer

Competitors

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

  • Bird

    Micro-mobility company offering electric scooters and bikes; filed for bankruptcy in December 2023 but remains operational

  • Veo

    Micromobility operator with budget-friendly pricing ($0.50 unlock fee, $0.10-$0.20 per minute) offering diverse vehicle options including dual-passenger and cargo-carrying scooters

  • Spin

    Micromobility operator formerly owned by Ford, now independent; focuses on smaller and mid-size cities, university campuses; charges $1.00 unlock + $0.15-$0.29 per minute

  • Dott

    Shared micro-mobility company offering electric scooters and bikes for urban transportation

  • Voi

    Micromobility company providing electric scooters and e-bikes with pricing options including monthly subscriptions, day passes, and pay-as-you-go rides

Lime Investment FAQ

Lime FAQ

Lime, legally Neutron Holdings, Inc., has been a public company since 1 July 2026, when its shares began trading on the Nasdaq Global Select Market under the ticker LIME; the offering priced at $25.00 per share, the midpoint of the $24-$26 range, and closed on 2 July 2026, with the company selling 6,679,791 shares for net proceeds of $141.7 million and selling stockholders placing a further 276,731 shares, Goldman Sachs and JPMorgan leading the underwriting. The listing resolved the balance-sheet overhang behind the going-concern warning in the prospectus: the 2020 and 2021 convertible notes converted into common stock, the $115.0 million senior secured term loan was repaid in full shortly afterwards, a new $200.0 million senior secured revolving credit facility maturing in July 2031 was put in place, and management concluded in its first quarterly report that the substantial doubt had been alleviated. In its first quarter as a public company Lime reported second-quarter 2026 revenue of $304.2 million, up 24% year over year, Adjusted EBITDA of $84 million and net income of $295.4 million - the last flattered by a one-time $298.4 million income tax benefit - and guided to full-year 2026 revenue of $1.04 billion to $1.10 billion.

Lime shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Lime had a valuation of approximately $1.7B at the time of its public offering. Current market capitalization fluctuates with the share price.

Lime raised $1.71B across 11 disclosed funding rounds prior to its public listing.

Lime is headquartered in San Francisco, California, United States.

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