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Bird went public through a SPAC merger in 2021 but the stock price quickly plummeted. Trading in the stock was suspended on the New York Stock Exchange last September.
Bird was founded in September 2017 by Travis VanderZanden, formerly an executive at Lyft and at Uber.It had its Series A round of funding in February 2018, raising $15 million led by Craft Ventures; this was followed by a Series B round in March for $100 million, led by Index Ventures and Valor Equity Partners, and a venture round in May for $150 million from Sequoia Capital, [4] becoming the ...
In September 2023, Bird was delisted from the New York Stock Exchange because of its low stock price. Its $7 million market capitalization is less than the value of the $22 million Miami mansion that VanderZanden bought in 2021. [15] In 2024, Bird was acquired by Third Lane Mobility to avoid bankruptcy. [16]
Bird is poised to merge with Switchback II Corp and start trading on the New York Stock Exchange on Thursday or Friday under the ticker symbol "BRDS" in a deal valuing the scooter startup at $2.3 ...
Electric scooter company Bird Global announced Wednesday that it has filed for bankruptcy protection in an attempt to stabilize its wobbly finances. The move marks a sobering comedown for a ...
Bird: 2.78 October 2019 [242] Transportation United States Convoy: 2.75 November 2019 [243] Trucking: United States Illumio: 2.75 June 2021 [244] Cybersecurity United States MasterClass: 2.75 May 2021 [245] Educational technology United States Zipline: 2.75 June 2021 [246] Logistics United States Daangn Market 2.7 August 2021 [247] E-commerce ...
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