# Ride Vision

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

- Industry: Software
- Headquarters: Herzliya, Israel
- Website: www.ride.vision
- Total disclosed funding: $9.5M
- Latest round: Series A (Nov 16, 2020)
- Investors on record: 3

## About

Ride Vision Ltd. develops advanced safety solutions for urban mobility, focusing on enhancing rider safety through innovative technology specifically for motorcycles and three-wheelers.Founded in 2018 in Herzliya, Israel, Ride Vision Ltd. specializes in safety technologies for motorcycle and three-wheeler riders. The company raised USD 7.00 mn in a Series A funding round on November 16, 2020, led by OurCrowd, with participation from Mobilion VC and YL Ventures. Uri Lavi serves as both the CEO and founder, bringing a background in technology and entrepreneurship to the company.Ride Vision specializes in advanced safety solutions tailored for urban mobility, specifically targeting the motorcycle and three-wheeler segments. Their flagship product incorporates real-time collision alerts, utilizing two wide-angle cameras and artificial intelligence to monitor surroundings and provide critical warnings to riders. The system alerts users to potential dangers such as forward collisions, blind spots, and unsafe overtaking maneuvers. It also features automatic ride recording for both practical and recreational purposes, enabling riders to have a digital log of their journeys. Designed with the unique attributes of motorcycles and rider behavior in mind, Ride Vision's products aim to enhance safety for individual riders as well as for fleet management entities. The company markets its solutions primarily in Europe and North America, catering to a diverse customer base that includes individual riders, motorcycle manufacturers, insurance companies, and fleet operators.Ride Vision generates revenue through direct sales of its safety solutions and potential subscription services for enhanced features in its product lineup. The company’s business transactions typically involve direct sales to consumers as well as partnerships with manufacturers and retailers, allowing them to integrate these safety technologies into new vehicles or sell them as aftermarket solutions. These transactions may include one-time purchases of their core products, such as Ride Vision 1 and Ride Vision 2, which are designed to fit a wide range of two- and three-wheeled vehicles. While specific pricing details are not disclosed, the structure supports a model where consumers can acquire the technology either through direct purchase from the company or through retail partners, fostering a competitive advantage in the market.With the recent investment of USD 7.00 mn raised in November 2020, Ride Vision plans to expand its product offerings and enhance its technology. The funds will be allocated to the development of new safety products aimed at improving rider awareness and protection. Additionally, the company is looking to penetrate new markets beyond its existing footprint in Europe and North America, with a strategic focus on entering Asia by 2023. This growth will leverage the company's existing partnerships and explore new collaborations to further its reach in the motorcycle safety space.

## Funding rounds

- Series A, Nov 16, 2020, $7M — YL Ventures, OurCrowd, Mobilion VC
- Seed, Jun 14, 2018, $2.5M — YL Ventures

## Investors

- YL Ventures (https://capitalatlas.ai/funds/yl-ventures) — Seed, Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A
- Mobilion VC (https://capitalatlas.ai/funds/mobilion-vc) — Series A