Ario
Latest round
- Seed
Last raised
- Aug 2019
Total raised
- $3M
Investors
- 4
About Ario
Founded in 2016 and headquartered in Norfolk, US, Ario LLC specializes in innovative urban transportation solutions. The company has pivoted towards enhancing its offerings with a focus on safety for users. Current management includes CEO Bruno Do Rozario, and the company was co-founded by Bryan Jin and Nate Fender.Ario's core product offerings revolve around an innovative mobility solution designed to enhance urban transportation. The company provides an integrated platform that combines ridesharing services with an emphasis on safety and efficiency, catering to both riders and drivers. The Ario Access Pass serves as a key component of their service, allowing users to access a variety of transportation options seamlessly through a mobile application. The primary end users of Ario's services include urban commuters, local businesses seeking efficient transit options for their employees, and individuals prioritizing safer travel methods.Ario generates revenue through a structured transaction model that primarily includes subscription-based services and direct consumer interactions. Users can access the Ario platform through various pricing plans, which may include individual ride fares and monthly subscriptions that allow for unlimited travel within designated areas. The company's flagship product, the Ario Access Pass, operates on a subscription basis, providing users with enhanced features and benefits such as priority booking and reduced wait times. Transactions are primarily B2C, where riders pay for their transportation services via the app, while drivers benefit from a commission-based structure that incentivizes performance and customer satisfaction.Ario LLC is actively working on launching new products aimed at improving urban mobility. The company plans to expand its services into new markets across North America and Europe by the end of 2021.50 mn received from the US Air Force Office of Scientific Research in August 2019 will be utilized to support these initiatives, particularly in technological enhancements and geographic expansion.
Who invested in Ario
4 investors across 2 rounds
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Questions about Ario
Who invested in Ario?
Ario has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ario raised?
Ario has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ario last raise money?
Ario's most recent round on record is a Seed, in Aug 2019.
What does Ario do?
Founded in 2016 and headquartered in Norfolk, US, Ario LLC specializes in innovative urban transportation solutions.
Where is Ario headquartered?
Ario is headquartered in Norfolk, US.
Which VCs invest in companies like Ario?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ario's stage. Their profiles are linked below.
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