Neutron Holdings, which operates an e-scooter and e-bike rental platform under the brand Lime across 230 cities globally, filed on Friday with the SEC for an initial public offering that we estimate could raise $250 million.
Lime states that it is the largest global shared micromobility business. The company provides short-term rentals of e-scooters and e-bikes, operating in approximately 230 cities across 29 countries as of December 31, 2025. It served approximately 19 million riders in 2025.
The San Francisco, CA-based company was founded in 2017 and booked $928 million in revenue for the 12 months ended March 31, 2026. It plans to list on the Nasdaq under the symbol LIME. Neutron Holdings (Lime) filed confidentially on October 29, 2025. Goldman Sachs, J.P. Morgan, Jefferies, Evercore ISI, Citizens JMP, and KeyBanc Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
