https://techcrunch.com/2019/10/03/bird-raises-275-million-series-d-round-at-2-5-billion-valuation/

Bird has closed a $275 million Series D round led by CDPQ and Sequoia Capital, Bird CEO Travis VanderZanden announced at TechCrunch Disrupt San Francisco today. The round values Bird at a $2.5 billion pre-money valuation, according to sources familiar with the round. This round comes a few months after TechCrunch reported Bird was looking to raise a Series D round at a $2.5 billion valuation led by Sequoia.

“Nearly a year ago, we recognized that the world was changing.” Bird CEO and founder Travis VanderZanden said in a statement ahead of Disrupt. “Gone are the days when top line growth was the leading KPI for emerging companies. Positive unit economics is the new goal line. As a result, we pivoted from growth to unit economics as the top priority for the company. Now with the best unit economics in the industry, new Bird investors such as CDPQ see that we are paving the road for a long term sustainable and healthy business.”