RideFlux Co.

SoftwareSeries BJeju-si, South Korearideflux.com

Latest round

Series B

Last raised

Oct 2024

Total raised

$33M

Investors

15

About RideFlux Co.

Based in South Korea, RideFlux Inc.Founded in 2018, RideFlux Inc. is dedicated to developing autonomous driving systems. The company has undergone no notable pivots in its business strategy since inception. The CEO, Junghee Park, is among the founders, also including Adam Yun. RideFlux specializes in providing full-stack software solutions for autonomous driving systems, aimed at enhancing safety and efficiency in transportation. The company's core products include the "Tamra Autonomous Vehicle" and the "Nemo Ride," which deliver self-driving services in various environments, including urban and tourist areas. Since 2020, these services have targeted specific use cases such as demand-responsive transportation between Jeju International Airport and designated locations, as well as long-distance autonomous rides.RideFlux generates revenue through partnerships and service contracts for its autonomous driving solutions, engaging in direct transactions with end users who utilize the "Tamra Autonomous Vehicle" and "Nemo Ride". Revenue structures include usage fees, subscriptions for regular users, and collaborations with local governments and transport agencies for broader deployment.

Who invested in RideFlux Co.

15 investors across 2 rounds

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Funding rounds

  1. Series B

    Oct 31, 2024

    Amount

    $19M

    Investors

    Locked

  2. Series A

    Dec 26, 2021

    Amount

    $14M

    Investors

    Locked

Questions about RideFlux Co.

Who invested in RideFlux Co.?

RideFlux Co. has 15 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has RideFlux Co. raised?

RideFlux Co. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did RideFlux Co. last raise money?

RideFlux Co.'s most recent round on record is a Series B, in Oct 2024.

What does RideFlux Co. do?

Based in South Korea, RideFlux Inc.

Where is RideFlux Co. headquartered?

RideFlux Co. is headquartered in Jeju-si, South Korea.

Which VCs invest in companies like RideFlux Co.?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at RideFlux Co.'s stage. Their profiles are linked below.

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