Zagster Bike Station.jpg
   HOME

TheInfoList



OR:

Zagster (est. in 2007) was a
venture Venture may refer to: Arts and entertainment Music *The Ventures, an American instrumental rock band formed in 1958 *"A Venture", 1971 song by the band Yes *''Venture'', a 2010 EP by AJR Games * ''Venture'' (video game), a 1981 arcade gam ...
-funded startup company based in Boston, Massachusetts that designed, built and operated
bike sharing A bicycle-sharing system, bike share program, public bicycle scheme, or public bike share (PBS) scheme, is a shared transport service where bicycles are available for shared use by individuals at low cost. The programmes themselves include bot ...
programs for cities, universities, corporate campuses, hotels, and residential communities across the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
. As of July 2019, it operated over 200 bike sharing programs. The bicycle program was suspended in March 2020 due to the COVID-19 pandemic, and then the company terminated all operations in June 2020.


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 Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work. ...
provider and consultant in the industry. In September 2009, CityRyde launched Spark, the world’s first off-the-shelf bike-sharing
fleet management software Fleet management software (FMS) is computer software that enables people to accomplish a series of specific tasks in the management of any or all aspects relating to a fleet of vehicles operated by a company, government, or other organisation. These ...
, at the
University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chic ...
. Spark's features included 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 The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chic ...
,
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to tea ...
,
University of Colorado at Boulder The University of Colorado Boulder (CU Boulder, CU, or Colorado) is a public research university in Boulder, Colorado. Founded in 1876, five months before Colorado became a state, it is the flagship university of the University of Colorado sy ...
and Drexel University. In July 2011, CityRyde received
Verified Carbon Standard The Verified Carbon Standard (VCS), or Verra, formerly the Voluntary Carbon Standard, is a standard for certifying carbon emissions reductions. VCS is administered by Verra, a 501(c)(3) organization. History In 2005, carbon markets investment ...
validation of its software. In 2012 CityRyde was renamed Zagster and moved to Cambridge, Massachusetts to join the TechStars startup accelerator program. Zagster was also selected as a finalist for the MassChallenge startup competition in 2012. The company raised a $1M funding round in fall 2012 led by LaunchCapital, which also included Fontinalis Partners, Jean Hammond, John Landry, and
Semyon Dukach Semyon Dukach (born 25 October 1968) is a Russian-American entrepreneur and former professional blackjack player. He is the founding partner of One Way Ventures, a venture capital fund that backs immigrant entrepreneurs. He was the managing dir ...
. Zagster launched bike sharing programs for General Motors, Duke University, and Cleveland, Ohio in the summer of 2014. In 2015, the company launched bike sharing programs for Workday, Inc.,
Intuitive Surgical Intuitive Surgical, Inc. is an American corporation that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the ''da Vinci'' Surgical System ...
,
Purdue University Purdue University is a public land-grant research university in West Lafayette, Indiana, and the flagship campus of the Purdue University system. The university was founded in 1869 after Lafayette businessman John Purdue donated land and mone ...
, and
Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...
in California. On December 12, 2018, Zagster began operating under the name "Pace" in the city of Santa Clarita, CA. In January 2019, Zagster started performing fleet management services for scooter and e-bike companies with Spin being their first client. This model expanded during 2019 with Zagster partnering with multiple
micromobility Micromobility refers to a range of small, lightweight vehicles operating at speeds typically below 25 km/h (15 mph) and driven by users personally. Micromobility devices include bicycles, e-bikes, electric scooters, electric skateboard ...
companies on fleet management. The bicycle program was suspended in March 2020 due to the COVID-19 pandemic, and then the company terminated all operations in June 2020. Boston-based micromobility startup Superpedestrian acquired Zagster's e-scooter operations and launched a shared electric scooter-sharing service called Link.


Technology & operating model

Zagster built and operated bike sharing programs as a service. The company provided its customers with bike sharing infrastructure and technology as well as design, implementation and operation services. Zagster employed local maintenance staff to service and operate its bike sharing systems including performing repairs and system rebalancing. Bikes were secured through an electronic lock that is unlocked through the use of an iOS or Android mobile application or text message sent to a Zagster operated SMS service. Because the locking system is completely self-contained on the bicycle, riders were able to make 'stopovers', securing the Zagster bicycle temporarily at any location during their trip. Zagster's model of "bike share as a service" allowed the company to operate its business model differently from other bike sharing companies. In municipal installations, the company used a consortium of local sponsors to provide a much larger network than would have been possible if the city needed to pay for the full cost of the infrastructure. Because Zagster did not require customers to purchase equipment, it was able to pilot bike sharing programs and scale them rapidly to meet ridership needs. Zagster replaced all bikes in its bike sharing programs every three years and donates the refurbished bikes locally.


Partners

Zagster ran more than 200 such programs throughout the country, including systems for
Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
,
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to tea ...
,
Yale University Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
,
Salem, MA Salem ( ) is a historic coastal city in Essex County, Massachusetts, located on the North Shore (Massachusetts), North Shore of Greater Boston. Continuous settlement by Europeans began in 1626 with English colonists. Salem would become one of the ...
, Cleveland, Ohio,
Quicken Loans Rocket Mortgage, LLC (formerly known as Quicken Loans LLC) is a mortgage loan provider. It is headquartered in the One Campus Martius building in the financial district of Downtown Detroit, Michigan. In January 2018, the company became the la ...
, Hyatt, General Motors,
The Related Companies The Related Companies, L.P. is an American real estate firm in New York City, with offices and developments in Boston, Chicago, Los Angeles, Las Vegas, Miami, San Francisco, Abu Dhabi, London, São Paulo and Shanghai. Related has more than 3, ...
,
Irvine Company The Irvine Company LLC is an American private company focused on real estate development. It is headquartered in Newport Beach, California, with a large portion of its operations centered in and around Irvine, California, a planned city of more ...
and
Four Seasons Hotels and Resorts Four Seasons Hotels Limited, trading as Four Seasons Hotels and Resorts, is an international luxury hotel and resort company headquartered in Toronto, Ontario, Canada. Four Seasons currently operates more than 100 hotels and resorts worldwide.D ...
.


See also

* Bicycle-sharing system *
List of bicycle sharing systems This is a list of bicycle-sharing systems, both docked and dockless. As of December 2016, roughly 1000 cities worldwide have bike-sharing programs.zagster.com
{{Bicycle sharing systems Bicycle sharing companies Companies based in Boston