Superpedestrian, a Boston, MA-based mobility engineering and technology company, raised $15m in funding.
The round was led by Edison Partners, which also sold substantially all of the assets of portfolio company Zagster, the shared micromobility and fleet operations management company, to Superpedestrian.
Edison was joined by existing investors Spark Capital and General Catalyst. The new growth capital adds to the $20m in financing announced by Superpedestrian in November 2019 to support the rollout of its scooter fleet.
In conjunction with the funding, Daniel Herscovici, Partner, Edison Partners, joined Superpedestrian’s board.
Superpedestrian is a mobility engineering and technology company that develops and launches urban transport solutions. Link is the company’s shared micromobility platform which offers electric vehicles with self-diagnostic technology.
Zagster provides fleet management capabilities as a service to mobility brands and host partners (cities, universities, and real estate companies) in over 200 markets nationwide.