Tripid.ph
Latest round
- Seed
Last raised
- Jan 2013
Total raised
- $0.1M
Investors
- 1
About Tripid.ph
ph operates as a ride-sharing service designed to connect passengers with drivers in a seamless manner. Founded by Michael Dee, the company has undergone strategic pivots to enhance its service offerings.ph offers a mobile application that allows users to easily book rides with available drivers in their vicinity. This service is tailored for both individual commuters seeking convenience and businesses requiring reliable transportation solutions for their employees.ph generates revenue primarily through a commission-based model, where a percentage of each ride fare is retained for facilitating the transactions between drivers and passengers. This revenue structure is designed to ensure sustainable growth while providing competitive pricing for riders and fair earnings for drivers.ph plans to expand its service offerings by developing new features in its application, with a roadmap targeting specific enhancements by the end of 2023. The company also aims to penetrate additional urban markets in the Philippines, strategically planning to enter Davao and Cebu by mid-2024.05 mn will primarily be utilized to support these initiatives, focusing on technology enhancements and market entry strategies.
Who invested in Tripid.ph
1 investor across 1 round
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Funding rounds
Seed
Jan 31, 2013
Amount
$0.1M
Investors
Questions about Tripid.ph
Who invested in Tripid.ph?
Tripid.ph 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 Tripid.ph raised?
Tripid.ph has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Tripid.ph last raise money?
Tripid.ph's most recent round on record is a Seed, in Jan 2013.
What does Tripid.ph do?
ph operates as a ride-sharing service designed to connect passengers with drivers in a seamless manner.
Where is Tripid.ph headquartered?
Tripid.ph is headquartered in Manila, Philippines.
Which VCs invest in companies like Tripid.ph?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back transportation services companies at Tripid.ph's stage. Their profiles are linked below.
VCs backing transportation services startups at Seed
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