Spin in Seattle
On Monday, July 17, 2017, Spin became the first company to launch a full-scale, city-permitted stationless bikeshare system in North America with our official 500-bike launch in Seattle. In less than 48 hours, while still scaling up our fleet, we already surpassed 1,000 rides. We thank the City of Seattle Councilmembers, as well as Scott Kubly and Kyle Rowe of the Seattle Department of Transportation, who worked with us to make this happen for the residents of Seattle.
- Spin launches the Spin Unlimited membership program. 7/26/2017.
- Spin crosses 5000 rides in week 1. 7/25/2017.
- Spin smashes Pronto ridership in week one, announces improved bikes. Seattle Bike Blog, 7/25/2017.
- Spin is the first dockless bike-share program to launch in Seattle. Curbed, 7/17/2017.
- Could a new type of bike share be successful in Seattle? KUOW, 7/18/2017.
- Dockless Bike-Sharing Companies Launch In Seattle. KNKX, 7/17/2017.
- Bike Shares Set to Return to Seattle. US News, 7/17/2017.
- Seattle's new attempt at bike sharing will be very different. KIRO 7, 7/7/2017.
- Seattle bike share pilot speeds ahead, hitting the streets as early as Friday. GeekWire, 7/6/2017.
- Bike-share companies vie for chance to set up shop in Seattle — without stations. Seattle Times, 6/2/2017.
- Investors are putting big money into private bike share companies + Spin’s community project donates to Bike Works. Seattle Bike Blog, 5/25/2017.
- Why Spin bikeshare says it will succeed in Seattle. MYNorthWest, 5/19/2017.
- Spin raises $8 million as bike-sharing battle heats up in the US. TechCrunch, 5/25/2017.
Press Release (Per StreetInsider.com).
SEATTLE, July 17, 2017 /PRNewswire/ -- Spin, the leading stationless bikeshare company in North America, today announced it is the first company to obtain a stationless bikeshare permit from the City of Seattle and is officially launching a city-sanctioned bikeshare fleet. Starting today, 500 of Spin's orange-colored, GPS-enabled, self-locking smart bikes will be distributed across the city to provide an innovative, equitable mode of transportation for the people of Seattle. Unlike traditional bikeshare systems, Spin's technology requires no fixed racks and allows bikes to be parked anywhere legal and responsible.
Following the company's $8M Series A funding round in May, just months after the company's founding, Spin's Seattle launch continues the company's rapid growth trajectory and marks an important milestone for stationless bikeshare in the United States, as the model gains traction around the world. Spin is planning launches in several major U.S. cities this quarter, including San Francisco and New York.
"We could not be more thrilled to launch in Seattle," said Spin co-founder and CEO Derrick Ko. "Our policy team paved the way for the nation's largest city-sanctioned stationless bikeshare program by leading industry discussions and working closely with officials every step of the way. Together, we brought bikeshare back to Seattle residents with an affordable, equitable system that won't cost the city a penny."
Spin will scale up its Seattle operations over the next four months with the goal of ultimately deploying more than 10,000 bikes across the city's many neighborhoods. Spin plans to hire a local team of up to 20 in marketing and operations to ensure high service standards during this expansion.
"Spin's launch in Seattle is a breakthrough precedent and proves that North American cities are excited to work with stationless bikeshare companies," said Euwyn Poon, Spin co-founder and president. "The support we have received from Seattle residents has been overwhelming, and we have assembled a world-class team of business, policy, and engineering talent who believe strongly in our mission to continue our rapid expansion."
Spin helps people move around in cities by offering a convenient, affordable, and environmentally-friendly mode of last-mile transportation. Its fleet of GPS-equipped, orange-colored smart-bikes can be unlocked by scanning a QR code, and can be dropped off anywhere, all at no cost to cities. Spin is led by a team with experience from Y Combinator, Lyft, Uber and other technology companies. To learn more visit https://spin.pm
For press inquires, please contact Lindsey Schank of Waxman Strategies, email@example.com.