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Zagster

zagster.com

Stage

Acquired | Acquired

Total Raised

$31.96M

About Zagster

Zagster provides complete bike sharing and bicycle rental solutions for property managers, universities, businesses, hotels and more. Zagster members receive a code on mobile phones to unlock the bike at the beginning of the trip and to lock it during the trip. At the end of the trip, the member returns the bike to its original location, by sending a text message to Zagster to re-lock the bike. On June 5th, 2020, Zagster was acquired by Superpedestrian, terms of the transaction were not disclosed.

Headquarters Location

25 First St Suite 104

Cambridge, Massachusetts, 02141,

United States

202-999-3924

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Research containing Zagster

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Zagster in 3 CB Insights research briefs, most recently on Dec 14, 2021.

Expert Collections containing Zagster

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Zagster is included in 3 Expert Collections, including Smart Cities.

S

Smart Cities

2,078 items

B

Bike & Scooter Tech

360 items

We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.

M

Mobility-as-a-Service

608 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

Latest Zagster News

Zagster money to go toward Riverside Rides

Jul 26, 2021

Fort Smith moves money to keep similar program goingby Max Bryan |Today at 3:59 a.m. Riverside Rides bike share program is seen Wednesday, July 21, 2021, on Riverfront Drive just north of Riverfront Skate & Bike Park in Fort Smith. FORT SMITH -- Money originally designated for a bike-share plan now will go to a similar program in hopes that it is sufficient to keep the program running, one of its operators said. Riverside Rides, operated through the 501c3 Future Launch, will receive $1,300 monthly for a year starting in August. The money originally was planned to support a riverfront bike-share program through for-profit group Zagster, which halted its Fort Smith efforts in 2020 because of covid-19. It's almost all of the estimated monthly $1,500 needed to pay the Future School students who run the Riverside Rides, said Griffin Hanna of KMW Properties. Hanna and Phil White, an area developer, are using Riverside Rides to teach a business class at the public charter school in Fort Smith. White said he hopes it will keep Riverside Rides afloat until it can sustain itself through revenue from bike rentals. He said people who he declined to name have put money into the Future Launch account to pay the students. Located in two former storage units just north of Riverfront Skate & Bike Park, Riverside Rides cost roughly $50,000 to start up, Hanna said. Startup costs included buying and fabricating the storage containers that house the operation, adding solar panels, retrofitting the interior, adding bike racks, purchasing an Apple iPad and paying muralists for decoration, he said. The 20 bicycles, which were donated to the program, rent for $8 for the first 30 minutes of use and $12 per hour, White said. The class uses the ride-share service as its practical arm and began in the spring of 2020. It started renting bikes that summer, said Future School Superintendent Boyd Logan. The program would have shared the riverfront with Zagster's ride service had the company not folded in 2020. The city board Tuesday approved giving the monthly sum to Riverside Rides. White said covid-19 and the hot weather have affected bike rentals and has kept the program from being as successful as he would like. Logan said implementing the program "got a little tricky" while the state didn't allow school-sponsored activities in 2020. White added that the class needs to do a better job of marketing Riverside Rides to the public. The class doesn't have a marketing budget. Hanna said he and White have rearranged the expenses so they don't need as much money as they did in 2020. While Logan said "it's OK" if Riverside Rides doesn't make a profit, he acknowledged that White and Hanna want it to succeed. "They want those kids to really shoot for having a sustainable business, so that's the goal," Logan said. After the board's decision, City Director Neal Martin spoke well of how Riverside Rides teaches the students entrepreneurial skills. Martin asked if there are other opportunities in Fort Smith to teach students similar lessons. "It's not necessarily the business itself, the bike rental place, but it's getting them those skills that they can then translate somewhere in the future," Martin said. More News WHAT IS A BIKE SHARE PROGRAM? A bike share program employs a station where users may rent a bicycle for a small fee. Print Headline: Bike-share funding shifted ADVERTISEMENT

Zagster Frequently Asked Questions (FAQ)

  • Where is Zagster's headquarters?

    Zagster's headquarters is located at 25 First St, Cambridge.

  • What is Zagster's latest funding round?

    Zagster's latest funding round is Acquired.

  • How much did Zagster raise?

    Zagster raised a total of $31.96M.

  • Who are the investors of Zagster?

    Investors of Zagster include Superpedestrian, Edison Partners, Alumni Ventures, Launchpad Venture Group, LaunchCapital and 13 more.

  • Who are Zagster's competitors?

    Competitors of Zagster include Wheels Labs and 8 more.

Compare Zagster to Competitors

Ofo Logo
Ofo

Ofo is a China-based on-demand bike sharing platform. Users scan a code from their smartphones to unlock parked bikes and enter their destination and pay via the messaging app.

Lime Logo
Lime

Lime is a shared electric vehicle company. The company provides short-term rentals of electric bikes and scooters on five continents. In addition, its services include Lime Access, an affordability program that provides discounted rides to those who qualify, Lime Hero, a community empowerment program that allows riders to round up the cost of their rides to support a community organization in their hometown, Lime Able, a program aimed at extending access to shared electric vehicles for persons with varying abilities, and insurance coverage with respect to its own activities and the key risks to riders arising from the use of Lime and JUMP vehicles. Lime was founded in 2017 and is headquartered in San Francisco, California.

dott Logo
dott

dott is a micro-mobility company that offers green and affordable mobility solutions to cities and citizens via dockless shared eScooters and eBikes. The company was founded in 2018 and is based in Amsterdam, Netherlands.

Hello TransTech Logo
Hello TransTech

Hello TransTech is a China-based bike-sharing start-up. The company's bikes are enabled with smart locks and GPS functions, allowing users to locate the nearest available bike.

Q
Qibei Tech

Qibei Tech allows users to rent a bike by simply scanning QR codes via its mobile app, and close the lock to return. The mobile app also shows the nearest bike available for rent.

oBike Logo
oBike

oBike is a Singapore-based mobile app that allows users to rent bikes for short distance commutes.

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