# Jayride Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jayride-technology-pty

- Industry: Internet
- Headquarters: Sydney, Australia
- Website: www.jayride.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Feb 21, 2012)
- Investors on record: 3

## About

Jayride Technology Pty Ltd is an online marketplace streamlining airport transfers and shuttle services, offering various transport options to enhance traveler convenience and accessibility.Jayride Technology Pty Ltd, founded in 2012 in Sydney, Australia, operates as a marketplace for airport transfer services. Rod Bishop serves as both the CEO and Founder. The company has successfully completed 5 deals, with its most recent funding round occurring on September 25, 2017, where it raised AUD 8 million led by Follow[the]Seed, alongside participation from Artesian, Rimon Group, and VentureCrowd. The total amount raised by the company stands at AUD 8 million.Jayride operates as an online marketplace focused on airport transfer and shuttle services, providing a diverse range of transport options to travelers. Their core offerings include private cars, shuttles, shared vans, and luxury limousines, facilitating hassle-free airport transfers for over one million travelers annually. Jayride's services are available in major markets worldwide, including Orlando, Los Angeles, Sydney, and London, allowing customers to easily compare and select their preferred transportation. The platform emphasizes convenience with features like instant booking, clear meeting instructions, and direct communication with drivers.In 2023, Jayride reported a revenue of AUD 3,424,201.80, while the company's EBITDA for the same year was AUD -4,487,140.20. Jayride generates revenue through its booking services, operating primarily on a direct-to-consumer model. Customers pay for their selected service at the booking time, which ensures a seamless process. Jayride's pricing reflects the diverse services offered, including private cars, shuttles, and luxury vehicles, and it provides a 100% refund policy for cancellations made up to 48 hours before the transfer.Following the AUD 8 million funding raised on September 25, 2017, Jayride plans to utilize this capital to expand its operations in the United States. The company is focused on designing and launching new products to better serve its customer base. Specific details regarding new products or release dates have not been disclosed, but the company is actively seeking to enhance its market presence in North America.

## Funding rounds

- Seed, Feb 21, 2012, $0.4M — Sydney Angels, Artesian, SYD Ventures

## Investors

- Sydney Angels (https://capitalatlas.ai/funds/sydney-angels) — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- SYD Ventures — Seed