Dollaride

Brooklyn, United States Founded: 2016 • Age: 10 yrs
Online bus pooling platform
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About Dollaride

Dollaride is a company based in Brooklyn (United States) founded in 2016 by Chris Coles and Su Sanni.. Dollaride has raised $150 thousand across 1 funding round from investors including URBAN-X. Dollaride offers products and services including CTAP Program, GPS-Tracking and Routing, Payments and Ride Reservation, Data Insights and Reporting, and EVs and Charging Stations. Dollaride operates in a competitive market with competitors including Bridj, Fetii, CharterUP, Chariot and RedCap, among others.

  • Headquarter Brooklyn, United States
  • Founders Chris Coles, Su Sanni
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
    $715.08 K
    32
    as on Dec 31, 2022
  • Net Profit
    $-899.98 K
    -533
    as on Dec 31, 2022
  • EBITDA
  • Total Equity Funding
    $150 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Sep 15, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Dollaride

Dollaride offers a comprehensive portfolio of products and services, including CTAP Program, GPS-Tracking and Routing, Payments and Ride Reservation, Data Insights and Reporting, and EVs and Charging Stations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Program aids fleet owners in transitioning to electric vehicles.

Real-time tracking tool for managing vehicle trips and data.

System for processing payments linked to shuttle operations.

Tools to analyze data and improve fleet service operations.

Assistance in selecting electric vehicles and charging setups.

People of Dollaride
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Su Sanni
Founder
People
Su Sanni
CEO: Hustle, block & tackle
People
Phil Hwang
Head of Business Development
People
Jordan Magid
Operations

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Funding Insights of Dollaride

Dollaride has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $150,000
  • First Round

    (15 Sep 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Seed - Dollaride Valuation URBAN-X
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Dollaride

Dollaride has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include URBAN-X. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Dollaride

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Dollaride

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dollaride Comparisons

Employees
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Competitors of Dollaride

Dollaride operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bridj, Fetii, CharterUP, Chariot and RedCap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Shuttle transportation is booked via an online platform.
domain founded_year HQ Location
Shuttle services are booked via an app-based platform by users.
domain founded_year HQ Location
Charter bus marketplace connecting clients with operators for event bookings.
domain founded_year HQ Location
Pooled intracity shuttles are operated for commuter transport.
domain founded_year HQ Location
SaaS-based DMS software is offered for auto dealers.
domain founded_year HQ Location
Ride-sharing is facilitated via an online platform with van fleets.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dollaride

Frequently Asked Questions about Dollaride

When was Dollaride founded?

Dollaride was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is Dollaride located?

Dollaride is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Is Dollaride a funded company?

Dollaride is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Sep 15, 2022.

What is the annual revenue of Dollaride?

Annual revenue of Dollaride is $715.08K as on Dec 31, 2022.

What does Dollaride do?

Dollaride was founded in 2016 in Brooklyn, United States, as an online platform in the transportation sector. Bus pooling services are provided through a mobile app, where rides on shared routes can be booked by users. A unique code from the vehicle listing must be entered before rides begin. Enterprise options are also available for business users. Operations focus on efficient route matching and shared travel facilitation.

Who are the top competitors of Dollaride?

Dollaride's top competitors include Fetii, Bridj and RedCap.

What products or services does Dollaride offer?

Dollaride offers CTAP Program, GPS-Tracking and Routing, Payments and Ride Reservation, Data Insights and Reporting, and EVs and Charging Stations.

Who are Dollaride's investors?

Dollaride has 1 investor. Key investors include URBAN-X.

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