Superpedestrian
MicromobilityUSA
New to Unitard
π Dead / Bankrupt
PeakΒ $1 BillionToday
~-100%
from peak
- π¦Became a unicorn~2021
- πPeak valuation$1 Billion β21
- πBecame a Unitard2023
- πΈLast valuationWiped out
π₯ Raised & burned
$243M
Total raised
$60.3K/day
Burned Β· 11.0y alive
Funding: CB Insights/TechCrunch
Current status
Shut down 2023
The rise & fall
6 moments Β· 2012β2023The key moments, with employee sentiment along the way.
2012
2012
Spun out of MIT
Assaf Biderman's spinout debuts the Copenhagen Wheel, a robotic bicycle wheel β scooters come later.
TechCrunch
2021
2021
The peak: the 'safest scooter' pitch nears $1B$1B
Onboard diagnostics and geofencing that stop scooters at the sidewalk's edge win city contracts and a loosely reported ~$1B tag; ~$243M raised in all.
Canary Media
2022β23
2022β23
Micromobility winter
Shared-scooter economics sour across the industry, and fresh capital gets scarce.
TechCrunch
2022β23
From the inside Β· Glassdoor reviews, 2022β23
Employees saw it coming: Glassdoor reviews described survivors juggling three or four jobs as the best people left, and a year-end all-hands where staff were told there would be no raises or bonuses β the reward was getting to work there.
Dec 2023
Dec 2023
Shuts down β joins the Unitard Club π
Unable to raise more capital, Superpedestrian winds down LINK's US operations.
Canary Media
$1Bof peak value erased Β· 11 years
π¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β; dated facts carry their source.
How it happened
Superpedestrian, an MIT spinout, ran the LINK shared e-scooter service and built onboard safety and geofencing technology, and was loosely valued near ~$1B around 2021. Amid a micromobility downturn and difficulty raising more capital, it shut its US operations and wound down in 2023.
Source: Canary Media; unicorn status soft
Where they went
- Assaf Bidermanfounder & CEOChief AI and Corporate Development Officer at Kraken
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
