Third Lane Mobility
Third Lane Mobility is the parent company of Bird and Spin, operating shared electric e-scooter and e-bike rental services across 350 cities in North America, Europe, and the Middle East for urban commuters, city governments, and university campuses, with a Fleet-as-a-Service platform for third-party operators.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What Third Lane Mobility does
Third Lane Mobility Inc. is the privately held parent company of shared micromobility brands Bird and Spin, formed when Bird acquired Spin in September 2023 to create the largest shared micromobility operator in North America. The company operates e-scooter and e-bike rental services in 350 cities across Canada, the United States, Europe, and the Middle East, distributing through the Bird and Spin iOS/Android mobile apps to individual urban commuters while holding direct permit-based partnerships with city and municipal governments. In 2024 the business recorded $220 million in gross receipts and approximately $20 million in adjusted EBITDA, indicating a stabilized operating profile following Bird's 2023 bankruptcy.
The company's product surface is a two-layer platform-plus-brands architecture. The consumer layer is the Bird and Spin shared-fleet rental business, monetized per-ride through the mobile apps. The enterprise layer is a Fleet-as-a-Service platform that bundles battery swapping, vehicle rebalancing, and routine maintenance — initially for Third Lane's own fleet and, following the April 2026 partnership with Fastport (Honda's micromobility venture), for third-party operators and university campuses using Fastport's all-electric eQuad vehicles. Revenue mechanics are usage-based ride fees on the consumer side and managed-services contracts on the B2B side, with January 2026 funding of $20 million from existing investors earmarked for deployment of 35,000 vehicles across Atlanta, Los Angeles, Nashville, Seattle, Tel Aviv, and Rome.
Go-to-market combines direct-to-consumer app distribution with a community-led, city-partnership motion managed through an in-house municipal engagement team and an independent Transportation Advisory Board chaired by former federal Joint Office of Energy and Transportation Executive Director Gabe Klein. Customer segments span individual urban commuters, cities and municipal governments, university campuses, and — via the Fleet-as-a-Service offering — other shared micromobility operators. Pricing is not publicly disclosed; the only disclosed economic data points are 2024 gross receipts of $220 million and adjusted EBITDA of approximately $20 million.
Third Lane Mobility firmographics
Firmographics- Name
- Third Lane Mobility
- Legal name
- Third Lane Mobility Inc.
- Website
- https://thirdlane.co
- Company type
- Private
- Operating status
- Operating
- Short description
- Third Lane Mobility is the parent company of Bird and Spin, operating shared electric e-scooter and e-bike rental services across 350 cities in North America, Europe, and the Middle East for urban commuters, city governments, and university campuses, with a Fleet-as-a-Service platform for third-party operators.
- Ownership category
- akta.pro rank
Third Lane Mobility industry classification
Industry- Product category
- Shared Micromobility Services
- NAICS
- Automotive Equipment Rental and Leasing (5321), Passenger Car Rental and Leasing (53211)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510), Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- Shared Mobility Operations & Fleet Services (Charging/Swapping, Rebalancing, Maintenance) (TLAFAMAJ)
- akta.pro secondary industries
- Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI), E-Scooters (Stand-Up) (CRACASAB), Micromobility Charging & Battery Swapping Services (THADAGAL)
Keywords
Third Lane Mobility business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Shared Micromobility Rides: Revenue generated from individual users renting e-scooters and e-bikes through the Bird and Spin mobile apps on a per-ride basis in cities across North America, Europe, and the Middle East.
- Fleet Operations Services: B2B services provided to cities and operators including battery swapping, vehicle rebalancing, and routine maintenance operations, generating revenue through the Fleet-as-a-Service platform.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Third Lane Mobility product offering
Product offeringCore offering
Third Lane Mobility operates shared electric micromobility services through its Bird and Spin brands, offering on-demand e-scooter and e-bike rentals to individual urban consumers across 350 cities in North America, Europe, and the Middle East. The company also provides B2B Fleet-as-a-Service solutions including battery swapping, vehicle rebalancing, and routine maintenance services for shared micromobility operators, cities, and university campuses.
Product overview
Third Lane Mobility operates a platform-plus-brands architecture consisting of two core micromobility brands (Bird and Spin) that together form the largest shared micromobility operation in North America. The company offers electric e-scooter and e-bike sharing services through these brands across 350 cities globally. Additionally, Third Lane Mobility provides a Fleet-as-a-Service platform (developed in partnership with Fastport) that supplies all-electric vehicles and operational services to support urban fleet management, including battery swapping, vehicle rebalancing, and maintenance for shared micromobility operators.
Differentiator
Problem solved
Functional benefit
Brands
- Bird: Electric scooter and e-bike sharing brand offering on-demand micromobility solutions in cities worldwide
- Spin
Products and services
- Bird Shared electric micromobility brand offering e-scooter and e-bike rental services for urban transportation. Available across 350 cities in Canada, the United States, Europe, and the Middle East through iOS and Android mobile apps for individual urban riders.
- Spin Shared electric micromobility brand offering e-scooter and e-bike rental services for urban transportation. Acquired by Bird in September 2023 and now operates under Third Lane Mobility alongside the Bird brand, serving shared micromobility riders globally.
- Fleet-as-a-Service Platform Urban fleet operations platform enabling battery swapping, vehicle rebalancing, and routine maintenance services for shared micromobility operators in dense urban environments. Delivered in partnership with Fastport (Honda's micromobility venture) using all-electric eQuad vehicles, supporting cities in achieving vision zero goals and reducing operating costs for micromobility operators.
Quantifiable outcome
- Prevented over 10,191 metric tons of CO2 emissions in the last year
- +3 more outcomes
Companies that use Third Lane Mobility
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Third Lane Mobility technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Third Lane Mobility partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and strategic.
- Fastport (Honda's Micromobility Venture)coreFastport, Honda's micromobility venture established in 2023, partnered with Third Lane Mobility to supply all-electric Fastport eQuad vehicles and Fleet-as-a-Service platform for urban fleet operations. The eQuad vehicles will be deployed in select university campus and major metropolitan markets across the U.S., where Bird and Spin field teams will use them for battery swapping, vehicle rebalancing, and routine maintenance in dense urban environments. The partnership aims to help cities achieve vision zero goals with zero-emissions fleet solutions while reducing operating costs for shared micromobility operators.
- Transportation Advisory BoardstrategicThird Lane Mobility formed an independent Transportation Advisory Board chaired by former Federal Joint Office of Energy and Transportation Executive Director Gabe Klein. The board is designed to support cities in managing shared micromobility programs and provide strategic guidance on urban mobility policy and operations.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Third Lane Mobility competitors and assessment
Company assessmentEmerging players
- Neuron Mobility: Neuron is an Asia-Pacific focused shared micromobility operator with growing presence in North America and Europe. It competes in similar city partnership models and B2G procurement processes as Third Lane.
- Superpedestrian: Superpedestrian operates shared e-scooters in U.S. and European cities and develops its own vehicle hardware with advanced safety technology. It competes in the same shared micromobility operations space with technical differentiation.
Direct peers
- Dott: Dott (formed via Tier-Dott merger) operates shared e-scooters and e-bikes across European cities, offering a directly comparable service to Third Lane's European micromobility operations in markets like Rome.
- Lime: Lime is one of the largest shared micromobility operators globally, offering e-scooters and e-bikes across North America, Europe, and other markets. It directly competes with Third Lane Mobility's Bird and Spin brands in the same cities, customer segments, and category.
- Voi Technology: Voi is a major European shared micromobility operator with e-scooter and e-bike fleets across 100+ cities. It competes directly with Third Lane's European operations and shares the same B2G city partnership model.
- Tier Mobility: Tier Mobility is a leading European shared micromobility operator (now merged with Dott) operating e-scooter and e-bike fleets. It competes with Third Lane in shared mobility operations and battery swapping infrastructure.
Broad incumbents
- Bolt: Bolt is an Estonian mobility super-app offering scooters, e-bikes, rideshare, and food delivery across Europe and Africa. Its shared micromobility offering competes directly with Third Lane in overlapping European markets.
- Lyft: Lyft operates shared bikes and scooters across major U.S. cities as part of its broader multimodal mobility platform. While primarily a rideshare incumbent, it directly competes in shared micromobility and benefits from cross-platform user acquisition.
Regional players
- Beam Mobility: Beam is an Asia-Pacific shared micromobility operator with expanding global presence. While primarily Asia-Pacific focused, it represents a comparable shared micromobility operator with similar city partnership and fleet operations model.
Others
- Honda (Fastport parent): Honda is the parent of Fastport, Third Lane Mobility's strategic vehicle supplier and Fleet-as-a-Service partner. As a strategic investor/supplier, Honda is comparable in the micromobility vehicle technology and infrastructure space rather than as a direct competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Third Lane Mobility social profiles
Digital presenceThird Lane Mobility financial estimates
Financial estimateRevenue estimate
Valuation estimate
Third Lane Mobility leadership team
Management profileNumber of profiles
Profiles1 record
Third Lane Mobility subsidiaries and ownership
Company hierarchySubsidiaries2 records
Third Lane Mobility funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Third Lane Mobility M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Third Lane Mobility
What does Third Lane Mobility do?
Third Lane Mobility operates shared electric micromobility services through its Bird and Spin brands, offering on-demand e-scooter and e-bike rentals to individual urban consumers across 350 cities in North America, Europe, and the Middle East. The company also provides B2B Fleet-as-a-Service solutions including battery swapping, vehicle rebalancing, and routine maintenance services for shared micromobility operators, cities, and university campuses.
Is Third Lane Mobility a public or private company?
Third Lane Mobility is a private company. It is classified as venture growth investor backed and is currently operating.
When was Third Lane Mobility founded?
Third Lane Mobility was founded in -1.
How does Third Lane Mobility make money?
Two revenue lines are on record. Shared Micromobility Rides are the primary driver. The others are fleet Operations Services.
Who are Third Lane Mobility's main competitors?
Emerging players on record are Neuron Mobility and Superpedestrian. Direct peers are Dott, Lime, Voi Technology and Tier Mobility. Broad incumbents are Bolt and Lyft. Beam Mobility is listed as a regional player. Honda (Fastport parent) is listed as an others.
Does Third Lane Mobility have an API?
No public API is recorded for Third Lane Mobility.
What industry is Third Lane Mobility in?
Third Lane Mobility's product category is Shared Micromobility Services. Its primary akta.pro industry code is TLAFAMAJ, Shared Mobility Operations & Fleet Services (Charging/Swapping, Rebalancing, Maintenance), with a secondary code of TLABAHAI, Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles). Its NAICS code is 5321 and its SIC code is 7510.