RideCo

SoftwareSeries AWaterloo, Canadarideco.com

Latest round

Series A

Last raised

Feb 2022

Total raised

$20M

Investors

1

About RideCo

Based in Ontario, Canada, and founded in 2013 by CEO Prem Gururajan, and Matthew Monteyne, RideCo Inc. operates as an on-demand transit technology and services company that partners with municipalities, local fleet operators, and public transportation agencies to operate on-demand transit services for alleviating riders’ pain points, such as low service frequency, lengthy walking distance, long travel times, and more. In February 2022, RideCo Inc. As of February 2022, the company employs about 70 employees. RideCo Inc. provides an on-demand transit software to solve multi-faceted transit challenges faced by both private companies as well as public agencies. The company’s solutions include low-density area mobility, first-last-mile, underperforming bus routes, paratransit, employee commuting, and long-distance commuting to improve passenger experience, higher transit ridership, and lower cost per ride. In addition, the company’s platform utilizes a mobile application to connect riders with transportation services, such as taxis or shuttles services, and link them with other riders leaving at the same time and picking them up along the route.

Who invested in RideCo

1 investor across 1 round

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Funding rounds

  1. Series A

    Feb 17, 2022

    Amount

    $20M

    Investors

    Locked

Questions about RideCo

Who invested in RideCo?

RideCo has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has RideCo raised?

RideCo has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did RideCo last raise money?

RideCo's most recent round on record is a Series A, in Feb 2022.

What does RideCo do?

Based in Ontario, Canada, and founded in 2013 by CEO Prem Gururajan, and Matthew Monteyne, RideCo Inc.

Where is RideCo headquartered?

RideCo is headquartered in Waterloo, Canada.

Which VCs invest in companies like RideCo?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at RideCo's stage. Their profiles are linked below.

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