The dockless e-bike and e-scooter sharing business was founded as a startup in 2017 and later acquired twice in its first five years . The company was first nestled in the Ford portfolio before TIER Mobility ’ s takeover in 2022 .

Operating in 70 cities and campuses across the US , Canada , Australia , and Europe , Spin is a sustainable initiative that enables commuters to move around cleanly and efficiently at a lower cost . By subscribing to Spin , customers can gain an unlimited number of rides each month , which provides significant ease of sustainability .