The past year has been a remarkable one for the world and for Unagi. There has been an immense shift in urban transit: consumers have embraced e-scooters and e-bikes in unprecedented numbers, looking for safer and more affordable ways to quickly zip from point A to point B. In response, cities around the world are building for a future that’s more about people and less about cars.
Demand for our scooters has skyrocketed over the past year. We now sell thousands of Unagis a month, and with the continued expansion of our All-Access service, we anticipate that growth will only accelerate.
This is no small undertaking. We are building out an infrastructure that can support delivering a scooter anywhere in the U.S. in a matter of days, and support this service on a national and global level.
So we’re proud to announce that Unagi has raised an $10.5 million Series A funding round, led by The Ecosystem Integrity Fund with participation from Menlo Ventures, Broadway Angels, and Gaingels, among others.
With the support of these amazing investors, we’re significantly expanding our team and manufacturing capacity to meet the demand for our scooters and start the process of making Unagi the ubiquitous standard for short-distance transportation.