Zagster Receives $1,200,000 New Funding Round

  • Feed Type
  • Date
    5/28/2014
  • Company Name
    Zagster
  • Mailing Address
    One Broadway 14th Floor Cambridge, MA 02142 USA
  • Company Description
    71% of Americans say they’d like to bicycle more yet list access to a bike as the number one barrier to doing so. Zagster provides bikes where people live, work and visit; giving them access using their mobile phone.
  • Website
    http://www.zagster.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Zagster plans to put the funding toward expanding its existing programs and continuing to spread its bike-sharing service in the South and around the country.
  • M&A Terms
  • Venture Investor
  • Venture Investor