# Rynse

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

- Industry: Software
- Headquarters: Magnolia, US
- Website: www.gorynse.com/
- Total disclosed funding: $5M
- Latest round: Seed (Jan 29, 2025)
- Investors on record: 4

## About

Rynse provides an innovative fleet management platform, streamlining vehicle care and enhancing operational efficiency for organizations managing diverse fleets across various sectors. Rynse was founded in 2022 by co-founder Roland Lau and specializes in fleet management solutions. Headquartered in New Jersey, US, the company has completed 2 deals as of January 2025, with its latest funding round being a Seed round that raised USD 5.00 mn led by Autotech Ventures, along with investors Connexa Capital, Correlation Ventures, and Founder Collective. Rynse offers a comprehensive fleet management solution designed to streamline vehicle care for fleet managers across various sectors, including government agencies, nonprofits, higher education institutions, and corporate accounts. The platform centralizes auto care services, allowing users to select services and vendors while providing seamless tracking and billing in one interface. Key functionalities include access to car wash, fuel, EV charging, and maintenance services, which drivers can utilize by simply swiping and paying at numerous nearby locations, eliminating brand limitations and reducing administrative tasks. This solution is particularly beneficial for organizations managing large fleets, as it delivers real-time visibility into fleet activity, service usage, and spending, thereby enhancing operational efficiency. Rynse’s services are tailored for a national market, catering to public and private sector organizations of all sizes across the United States. Rynse generates revenue through its fleet management platform, which operates primarily on a subscription model suitable for organizations managing diverse vehicle fleets. Clients utilize the platform to access various services, with billing structured to provide itemized invoices that simplify expense tracking and management. The service consolidates multiple vendor charges into a single, clear invoice, promoting transparency and efficiency. Detailed reporting features enable clients to control spending and prevent fraud, enhancing the value proposition of Rynse's offerings. Specific pricing plans are not disclosed, but the emphasis on customized spend control and streamlined billing is a core aspect of the platform’s appeal to its client base. In January 2025, Rynse Inc. raised USD 5.00 mn in Seed funding to expand its operations and invest in product development and marketing. The company plans to enhance its fleet management solution and is targeting further expansion into new markets by mid-2025 as it scales its operations to meet increasing demand.

## Funding rounds

- Seed, Jan 29, 2025, $5M — Correlation Ventures, Founder Collective, Autotech Ventures, Connexa Capital

## Investors

- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- Autotech Ventures (https://capitalatlas.ai/funds/autotech-ventures) — Seed
- Connexa Capital (https://capitalatlas.ai/funds/connexa-capital) — Seed