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Bounce

“Can Bounce become the global go-to luggage storage marketplace by connecting travelers with local partner stores in cities worldwide?”

Founded2014
HQSan Francisco, CA, USA (originally Bangalore, India)
Total raised$194M+
Latest roundSeries D, January 2020
Valuation$500M+ (2020)
IndustryMarketplace / Travel
The story

Originally founded in 2014 as Metro Bikes, a dockless two-wheeler rental service in Bangalore, the company rebranded to Bounce and expanded aggressively across Indian cities, reaching 120,000+ daily rides and partnering with 250,000+ stores. The current Bounce (bounce.com) appears to be a luggage storage marketplace—a distinct, later-stage product pivot—connecting travelers with local shops and hotels that store bags, with Stripe as its payment processor. The Indian scooter rental and the luggage-storage platform share the same brand name but are likely separate entities or a significant pivot.

Last 12 months
—
Product timeline
2014
Founded as Metro Bikes, a dockless scooter and bike rental startup in Bangalore, India.· pivot
2019
Rebranded from Metro Bikes to Bounce; raised $72M Series C at $200M+ valuation to expand electric scooter operations.· pivot
2020
Raised $105M Series D at $500M+ valuation; total funding reaches $194M; expanded to 20,000+ scooters across ~36 Indian cities.· banking
The stack
1 layer disclosed in Bounce’s embedded-finance stack
Payments / PSP
Stripe
Accounting gap: none

Bounce — frequently asked

Who is Bounce's payment processor?

Bounce processes payments through Stripe.

Where is Bounce headquartered?

Bounce is founded in 2014 and headquartered in San Francisco, CA, USA (originally Bangalore, India).

How much funding has Bounce raised?

Bounce has raised $194M+ in total (latest round: Series D, January 2020; valuation: $500M+ (2020)).

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