About HiRide
HiRide is a company based in Waterloo (Canada) founded in 2018 was acquired by Facedrive in March 2020. It operates as a Two-Sided Marketplace and Mobility-as-a-Service. HiRide has raised $30 thousand across 1 funding round from investors including Facedrive and Accelerator Centre. HiRide offers products and services including HiRide App. HiRide operates in a competitive market with competitors including Pop Rideshare, Caribook, gobyRIDE, Zazz and MapleRide, among others.
- Headquarter Waterloo, Canada
-
Sectors
Travel & HospitalityTransportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of HiRide
HiRide offers a comprehensive portfolio of products and services, including HiRide App.
A platform for shared rides across Canada is provided.
Funding Insights of HiRide
HiRide has successfully raised a total of $30K through 1 strategic funding round. The most recent funding activity was a Seed round of $30 thousand completed in June 2019. 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.
Investors in HiRide
HiRide has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Facedrive and Accelerator Centre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Startups are built and accelerated in a structured studio environment.
|
Locked | Locked | Locked | |
|
Ride-hailing is facilitated through an app-based driver cooperative platform.
|
Locked | Locked | Locked |
Investor details for HiRide
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by HiRide
Investment portfolio details for HiRide
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - HiRide
Detailed financials for HiRide
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Hiride Comparisons
Peer comparison for HiRide
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of HiRide
HiRide 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 Pop Rideshare, Caribook, gobyRIDE, Zazz and MapleRide, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Operates a carpooling platform for users.
|
|
| Locked | Locked | Locked |
An app-based platform for intercity carpooling, connecting users for efficient and shared rides.
|
|
| Locked | Locked | Locked |
Carpooling platform for sharing rides, saving costs, and secure payments.
|
|
| Locked | Locked | Locked |
-
|
|
| Locked | Locked | Locked |
MapleRide provides city-to-city ridesharing in southern Ontario, Canada.
|
Detailed competitors of HiRide
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Hiride
Complete news archive for HiRide
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about HiRide
HiRide was founded in 2018 and raised its 1st funding round 1 year after it was founded.
HiRide is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
HiRide is a funded company, having raised a total of $30K across 1 funding round to date.
A digital platform for carpooling across Canada is provided by HiRide. Focus is placed on transforming travel into social experiences. Connections between students, professionals, and commuters are facilitated. Isolation during journeys is addressed through shared rides. Safety, affordability, and environmental benefits are emphasized. The service operates in major Canadian routes and cities. Modern technology ensures trust and convenience for users.
HiRide's top competitors include Pop Rideshare, Caribook and gobyRIDE.
HiRide offers HiRide App.
HiRide has 2 investors. Key investors include Facedrive, and Accelerator Centre.