Indie Bike Sharing Service Spinlister Raises $225K with $220K More on the Way
Spinlister, the mom-and-pop peer-to-peer bike sharing program that launched in April, has closed a $225,000 round, according to cofounder Will Dennis.
We first spotted the fundraising on Form Ds, but Mr. Dennis said the $225,000 actually closed back in March. “The reason we wanted to fundraise is to make sure we had appropriate insurance and legal stuff in place, because we wanted to make sure everyone who was using our service would be protected,” Mr. Dennis told Betabeat by phone. “We’re also looking to hire an iPhone developer as well as another backend engineer.” Read More
