Grin is an electric scooter startup operating a shared scooter service in Mexico City. The company raised a $45.7 million Series A to support expansion across Latin America. Grin is backed by Y Combinator and had previously raised funding from Sinai Ventures, Liquid2 Ventures, 500 Startups, Monashees, Base10 Partners and others. At the time of the article it only operated in Mexico City but plans to deploy in additional Latin American cities. The fundraise positions Grin in a competitive micromobility market where U.S. rivals Bird and Lime and ride-hail firms Lyft and Uber have recently entered and attracted large investments. The article does not disclose valuation, Series A lead investors, or operating metrics such as revenue or user counts.

Total raised

$46M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2018