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Bird secured $450 million in debt financing from JPMorgan, Capital One, and Citi while restructuring its business and workforce

Funding Provisional 76% confidence first seen

Bird announced a $450 million debt financing package, including a $400 million term loan and a $50 million revolving credit facility led by JPMorgan, Capital One, and Citi. The company said the funds are intended to add liquidity for existing shareholders as it restructures and leans into an AI “Agentic Harness” approach for automating message, call, and email handling with minimal or no human involvement.

Bird AI Agentic Harness Agentic Harness Capital One Citi J.P. Morgan JP Morgan Twilio

The deal

Bird $450 million Other · announced 23 Sep 2026

Investors JPMorgan Capital One Citi

Deal terms as reported in the coverage below.

Source coverage

Bird raises $450M in debt, headcount cut from 1,000 peak to 120 Tech.eu independent J.P. Morgan, Capital One and Citi back Bird’s $450M debt raise as it chases the AI agent economy Tech Funding News independent

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