Zagster

Zagster
Private
Founded Philadelphia, Pennsylvania (2007)
Headquarters Boston, Massachusetts, U.S.
Key people

Timothy Ericson (CEO & Co-founder)
Jason Meinzer (Co-founder)

[1]
Website

Zagster is a venture-funded startup company based in Boston, Massachusetts that designs, builds, and operates private bike sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Zagster's deployment partners include Yale University, Quicken Loans, Hyatt, The Related Companies, and Four Seasons Hotels and Resorts.[2][3][4]

History

Zagster was founded in 2007 by Drexel University graduates Timothy Ericson and Jason Meinzer as 'CityRyde'. CityRyde initially sought to operate a bike-sharing program in the Philadelphia region, but later established itself as a software provider and consultant in the industry.[5]

In September 2009, CityRyde launched Spark, the world’s first off-the-shelf bike-sharing fleet management software, at the University of Chicago. Spark's featured include electronic user registration, automated rental processes, integration with automated locking mechanisms, a customized reporting dashboard, and the ability to integrate with existing systems. Spark was implemented at 10 universities, including the University of Chicago, Cornell University, University of Colorado at Boulder and Drexel University.

In 2012 CityRyde was renamed Zagster and moved to Cambridge, Massachusetts to join the TechStars startup accelerator program.[6] Zagster was also selected as a finalist for the MassChallenge startup competition in 2012.[7] The company raised a $1M funding round in fall 2012 led by LaunchCapital and Fontinalis Partners.[8][9]

Zagster launched bike sharing programs for General Motors, Duke University, and Cleveland, Ohio in the summer of 2014. In 2015, Zagster launched corporate bike sharing programs for Workday, Inc., Intuitive Surgical, and Samsung in California.

See also

References

  1. ↑ "Zagster - Our Company".
  2. ↑ Moschen, Isabella (June 6, 2013). "The Two-Wheeled Amenity". New York Times.
  3. ↑ Gallagher, John (July 24, 2013). "Dan Gilbert brings bike sharing to Motor City for his employees". Detroit Free Press.
  4. ↑ "Yale Bikeshare".
  5. ↑ All for Profit and Profiting for All | Entrepreneur.com
  6. ↑ Meet the 13 New TechStars Boston Startups | Xconomy
  7. ↑ "MassChallenge 2012 Finalists".
  8. ↑ Alspach, Kyle (October 18, 2012). "Zagster raises $1M to take bike-sharing service nationwide".
  9. ↑ Zagster | LaunchCapital

External links