# Ride Report

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ride-report

- Industry: Software
- Headquarters: Portland, US
- Website: www.ridereport.com
- Total disclosed funding: $13M
- Latest round: Series A (Mar 12, 2020)
- Investors on record: 4

## About

Ride Report is a specialized shared mobility management platform enabling cities to efficiently launch and oversee shared mobility programs, enhancing urban transportation strategies and data management.Founded in 2015 in Portland, US, Ride Report provides shared mobility management solutions. The company raised USD 10.00 mn in Series A funding in March 2020, led by Unusual Ventures. Ride Report has completed 2 deals to date.Ride Report offers a comprehensive shared mobility management platform designed to assist cities in launching, managing, and evaluating shared mobility programs, including scooters, bikes, and cars. The platform provides a suite of tools that enable users to manage policies and compliance, analyze historical travel patterns, track operator fees, and generate automated reports. Key functions include real-time monitoring of mobility vehicles, ensuring accurate and complete data provision from operators, and facilitating fee reconciliation and performance evaluations. This service primarily targets municipal transportation departments and city planners, enabling them to effectively oversee the right of way in urban environments. Ride Report operates globally, having partnered with multiple cities across regions such as North America, Europe, and Australia, ensuring that their offerings are adaptable to various market needs.Ride Report generates revenue through a subscription-based model, providing its services primarily to city governments and transportation agencies. Transactions occur as municipalities engage with Ride Report for access to its mobility management platform, often leading to long-term partnerships. The pricing structure typically includes fees based on the services utilized, such as data audits and performance-based evaluations tailored for individual cities' mobility programs. The company emphasizes its ability to adapt to new technologies and market innovations, which can influence the scope of services provided. This strategic approach allows Ride Report to maintain strong relationships with its client base while ensuring transparency and reliability in mobility data management.In March 2020, Ride Report raised USD 10.00 mn in Series A funding, which will be utilized to enhance their platform and expand product offerings. Plans for growth include targeting additional markets in Europe and Australia by 2025, aiming to strengthen partnerships with more cities. Upcoming product enhancements are being designed to improve real-time data analytics for shared mobility, with anticipated releases throughout 2021 and 2022.

## Funding rounds

- Series A, Mar 12, 2020, $10M — Unusual Ventures
- Seed, May 23, 2019, $3.4M — Better Ventures, Homebrew, Urban Innovation Fund

## Investors

- Better Ventures — Seed
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed
- Urban Innovation Fund (https://capitalatlas.ai/funds/urban-innovation-fund) — Seed
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Series A