# RIDE

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

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.ride.capital
- Total disclosed funding: $1.8M
- Latest round: Seed (Apr 15, 2021)
- Investors on record: 1

## About

Founded in 2018 by Christine Kiefer and Felix Schulte, and based in Berlin, Germany, Ride GmbH, trading under the name Ride Capital operates as a financial technology company that primarily serves private investors by offering services including wealth structuring, provision of a tax advisor platform, and automated securities booking. In July 2022, RIDE GmbH raised EUR 3 million in venture funding from individual investors. Some of the firm’s partners include individual tax consultants and other brokers Fx Flat, Lynx, Banx, Captrader, Activ Traders, etc. 

The firm provides a software solution that combines tax consultants and notaries to provide private investors with wealth management solutions that focus on returns after taxes and costs by allowing investors to save taxes on shares, futures, or real estate. The firm offers GmbH formation, GmbH support, free business accounts, and automated securities accounting with the support of tax consultants.

Ride Capital charges an annual fee of €2,299 for a start-up service, €1,799 for an administrative service pack, and an additional securities accounting service fee, which is quoted on request.

The company intends to use the July 2022 investment to further accelerate its growth and become a digital private bank.

## Funding rounds

- Seed, Apr 15, 2021, $1.8M — Social Starts

## Investors

- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed