Lime, the Uber-backed micromobility company, is filing to go public

After years of hints and preparations, Uber-backed electric bike and scooter rental startup Lime has filed for an IPO.

The company, which was incorporated under the name Neutron Holdings, has Attention public markets For at least five years. CEO Wayne Ting last spoke TechCrunch said in 2023 about the possibility of an IPO, noting at the time that Lime had the economics, growth and profitability to take the startup public. All that is needed is the right market conditions.

It seems that day has arrived.

The company intends to list on the Nasdaq under the ticker symbol “LIME.” Lime was not involved in the terms of the offer foot Friday with the U.S. Securities and Exchange Commission.

Lime’s IPO filing shows a company with growing revenues, but not yet profitability. The company achieved revenues of $521 million in 2023, $686.6 million in 2024, and $886.7 million last year.

Its net loss reached $122.3 million in 2023, but this item has shrunk over the past two years. Lime reported net losses of $33.9 million in 2024 and $59.3 million in 2025. Lime also said it had free cash flow over the past three years; Its free cash flow was $104 million in 2025, nearly double the previous year due to increased cash generated from operating activities.

Lime, founded in 2017, has close ties to Uber. The ride-hailing and delivery giant led Lime’s $170 million funding round in 2020. As part of that deal, Lime acquired Jumpthe electric bicycle and scooter division that Uber acquired back in 2018 for about $200 million. After the acquisition, the Jump name disappeared and its assets were absorbed by Lime. In the years since, Lime has integrated more closely with Uber. After the acquisition, the Jump name disappeared and its assets were absorbed by Lime. In the years since, Lime has integrated more closely with Uber.

The acquisition also drove Lime’s expansion. The company, which allows users to rent scooters and e-bikes through its app, is now present in 230 cities and 29 countries.

Lime’s relationship with Uber has also been a steady tailwind for business. Under its exclusive relationship, Lime vehicles appear as a delivery option within the Uber app in nearly all of its participating markets. A significant portion of Lime’s revenue — about 14.3% last year — came through its partnership with Uber, the SEC document shows.