Bird, a Santa Monica, Calif.-based last-mile electric vehicle sharing company, raised $15m in Series A funding.
The round was led by Craft Ventures, the new fund launched by David Sacks and Bill Lee, with participation from Tusk Ventures, Valor, Lead Edge Capital, and Goldcrest Capital.
The company intends to use the funds for continued expansion of its fleet of shared electric scooters.
Led by Travis VanderZanden, founder and CEO, Bird provides a low-cost transportation option for people looking to take a short journey across town or down the “last-mile” from the subway or bus to their destination. Through the smartphone app, riders can access Birds, locate the most convenient one, and ride directly to their desired destination.
Birds are currently available in Santa Monica and Venice, Calif. as well as select neighborhoods in San Diego and Los Angeles. .
The company’s senior leadership members also include:
– Justin Balthrop, CTO;
– Stephen Schnell, VP of operations;
– Sean Sires, VP of corporate development;
– Ryan Fujiu, head of growth;
– Ryan Hupfer, head of launch; and
– Scott Rushforth, VP of engineering.
In addition to David Sacks, Justin Kan the co-founder of Twitch, and Dan Friedland, partner at Goldcrest Capital, have also joined the company’s board of directors.