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Nutter Represents Zagster, Inc. in $10 Million Series B Round of Funding Led by Edison Partners

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01.06.2017

Nutter advised Zagster, Inc., the leading provider of private and public-private bike sharing systems, when it raised $10 million in a Series B round of funding led by Edison Partners, a leading growth equity capital firm. Will Bernat, a partner in Nutter’s Business Department and co-chair of the firm’s Emerging Companies Group, led the legal team, which included Erin Whitney, an associate in Nutter’s Tax Department.

Zagster operates more than 140 fully hosted bike-sharing programs in 30 states across the U.S. and Canada. Zagster’s flexible business model and flexible technology platform has allowed it to successfully implement bike sharing programs in multiple markets, including cities, universities, corporate campuses, and residential properties. Zagster investors include Edison Partners, LaunchCapital, Fontinalis Partners, Clean Energy Venture Group, LaunchPad Venture Group, Otter Consulting, and several leading Boston-area angel investors. Please click for more information on the transaction.

Nutter’s Emerging Companies Group focuses on entity formation, intellectual property matters, private equity, venture capital and angel financing transactions, mergers and acquisitions, executive and team compensation matters, commercial technology and licensing, and general start-up support. The focus of the Emerging Companies practice at Nutter is on providing entrepreneurs and start-up companies the strategic legal counsel, contacts, and expertise that help clear the path to success.

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About Nutter
Nutter is a top-tier, Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s lawyers are known for their client-centric approach and extensive experience in business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates. Co-founded in 1879 by Louis D. Brandeis, who later became a renowned justice of the U.S. Supreme Court, Nutter is dedicated to helping companies prosper in today’s fast-paced business environment. For more information, please visit www.nutter.com and follow us on Twitter at @NutterLaw.

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