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Bird secures $450M in debt financing led by JP Morgan, aiming to provide liquidity for existing shareholders as it pivots to AI.

PRIVATESep 23, 2026about 3 hours ago

Amount Raised

$450 Million

Round Type

Debt Financing

Transportation

Investors

CitiCapital OneJp Morgan

Description

Bird has raised $450 million in debt financing to assist its existing shareholders as it undertakes a significant shift towards AI. This financing, which includes a $400 million term loan and $50 million revolving credit facility, was led by JP Morgan, Capital One, and Citi. The company's headcount has drastically reduced from 1,000 to 120 due to this repositioning. Despite the workforce reduction, Bird emphasizes that this change is driven by automation rather than a strategic retreat.

Company Information

Company

Bird

About

Bird is an electric vehicle company dedicated to bringing affordable, environmentally friendly transportation solutions such as e-scooters and e-bikes to communities across the world. Bird’s cleaner, affordable, and on-demand mobility solutions are available in 350 cities, primarily across Canada, the United States, Europe, the Middle East, and Australia. We take a collaborative, community-first approach to micromobility. Bird partners closely with the cities in which it operates to provide a reliable and affordable transportation option for people who live and work there. 1 Based on data compiled by Earnest Analytics as of June 30, 2023. 2 Based in U.S. Census Bureau data as of 2022 and Statistics Canada data as of 2022

Fundz sees it the moment Bird raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Bird's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Bird raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.