Social Bicycles

Acquired

affordable and scalable bikeshare technology

New York, United States · Founded 2010

Headquarters
New York, New York
Employees
11–50
Founded
2010
Business Model
B2B
Acquired by
UberApr 2018 · $200.0M

About

Social Bicycles (also known as SoBi) was a New York-based bikeshare technology company that pioneered the 'smartbike' — integrating GPS, cellular connectivity, and locking systems directly into each bicycle rather than relying on docking stations. Founded in 2010 by Ryan Rzepecki, Justin Wiley, Marcin Pyla, and Nick Foley, the company developed a mobile-powered platform that enabled affordable, scalable, and intelligent bikesharing networks. Social Bicycles grew to operate in over 40 markets globally with more than 15,000 bikes and over 5 million trips completed. In 2013, the company challenged traditional dock-based systems by introducing dockless bikeshare technology. The company later rebranded as JUMP Bikes and raised a $10 million Series A round led by Menlo Ventures in January 2018, before being acquired by Uber.

Summary

Social Bicycles is a Smart Cities company based in New York, United States, founded in 2010. Investors include Uber.

Tech & App Stack

3 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

AcquisitionApr 2018

Investors

Similar Companies

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Social Bicycles on Indexed.vc
<a href="https://indexed.vc/companies/social-bicycles"><img src="https://indexed.vc/api/badge/company/social-bicycles" alt="Social Bicycles on Indexed.vc" width="260" height="76" /></a>