Uber-Backed Lime Files for IPO Seeking $180.9 Million with 6.7 Million Shares at $24–$26 Each

Lime, the electric bike and scooter rental company backed by Uber Technologies Inc., has filed for a U.S. initial public offering (IPO) aiming to raise up to $180.9 million. The company is offering 6.7 million shares priced between $24 and $26 each, with selling shareholders planning to sell an additional 276,731 shares. At the top of the price range, Lime’s market valuation would reach $1.7 billion based on outstanding shares in its filing. The IPO filing, submitted to the U.S. Securities and Exchange Commission on June 22, 2026, outlines a net loss of $59.3 million on revenue of $886.7 million for 2025, compared to a $33.9 million net loss on $686.6 million in revenue the prior year. Lime reported 3.8 million monthly active users in 2025, representing over 20% year-over-year growth. The company operates in more than 230 cities globally, providing short-term electric bike and scooter rentals. Lime was previously valued at $510 million in 2020, down from $2.4 billion in 2019, before its planned IPO in 2021. Goldman Sachs Group Inc. and JPMorgan Chase & Co. are leading the IPO, with shares expected to trade on the Nasdaq Global Select Market under the ticker LIME. Selling shareholders include CEO Wayne Ting, president Joseph Kraus, and co-founder Brad Bao.