Neutron Holdings (Lime)

General Information
Business:

(Incorporated in Delaware)

We run an e-scooter and e-bike rental platform called Lime. Our service was available in 230 cities in 29 countries as of Dec. 31, 2025. We served about 19 million riders in 2025.

Lime is the largest global shared micromobility business. We are on a mission to build a future where transportation is shared, affordable, and carbon-free.

Lime provides convenient and reliable short-term rentals of e-scooters and e-bikes at an affordable price. As of December 31, 2025, we operated in approximately 230 cities across 29 countries. In 2025, we delivered a seamless rider experience to approximately 19 million riders. Our market leadership and scale have made Lime a widely recognized brand — valued by riders for our availability and trusted by cities for our operating track record. This leadership and scale have also yielded favorable unit economics, enabling us to continue investing in our growth.

Lime has revolutionized the shared micromobility industry through our vertically integrated platform, which combines our proprietary hardware and software, data, tech-enabled operations, and government relations expertise. Our vertical integration allows us to maintain control of key aspects of our service and is designed to accelerate rider adoption, boost usage frequency, facilitate regulatory compliance, and optimize cost efficiency — fueling sustainable growth while solidifying trusted partnerships with cities and positioning us as a leader in the shared micromobility industry. 

Our platform creates a self-reinforcing, virtuous network effect that aligns value for riders and city priorities: more riders using our service enables cities to meet their local policy goals faster, which encourages cities to expand shared micromobility programs and invest in additional infrastructure, which in turn enhances the rider experience and attracts even more riders. What started as convenience enjoyed by individual riders has, through our platform, reshaped how people move around cities, which demonstrates that shared micromobility isn’t just viable but can be an essential component of urban life.

The extensive presence of our electric vehicles in cities around the world has established our brand with the public, reinforcing our leadership position in the shared micromobility industry. Each of our e-scooters and e-bikes serves as mobile advertisements within the cities in which we operate, continuously reinforcing brand recognition. Our reach is further amplified through our network partnerships, including our mutually exclusive partnership with Uber. Lime vehicles are featured as a ride option within the Uber app in nearly all of our shared markets, providing Lime with direct access to Uber’s global user base. Revenue generated through our partnership with Uber was approximately 14.1%, 15.8%, and 14.3% of total revenue in 2023, 2024, and 2025, respectively, and was approximately 14.0% for the three months ended March 31, 2026.

 

 

 

Note: Net loss and revenue are for the12 months that ended March 31, 2026.

(Note: Neutron Holdings (Lime) filed its S-1 on May 8, 2026, without disclosing the terms. Estimated proceeds are $100 million.)

 

 

Industry: SERVICES - PRE-PACKAGED SOFTWARE
Employees: 1148
Founded: 2017
Contact Information
Address 85 2nd Street, Suite 750 San Francisco, California 94105
Phone Number (415) 449-4139
Web Address http://www.li.me/
View Prospectus: Neutron Holdings (Lime)
Financial Information
Market Cap
Revenues $927.9 mil (last 12 months)
Net Income $-64.6 mil (last 12 months)
IPO Profile
Symbol LIME
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Goldman Sachs/J.P. Morgan/Jefferies/Evercore ISI/Citizens JMP/KeyBanc Capital Markets
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change