About Joyride
Joyride is a company based in Toronto (Canada) founded in 2014 by Nishant M and Vince Cifani. Joyride has raised $8.9 million across 3 funding rounds from investors including Yamaha, Ontario Canada and Proeza Ventures. Joyride offers products and services including Rider App, Fleet Management Dashboard, Operator App, and IoT OEM Solutions. Joyride operates in a competitive market with competitors including Tembici, Zagster, BCycle, Ride Report and PBSC Urban Solutions, among others.
- Headquarter Toronto, Canada
- Founders Nishant M, Vince Cifani
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$8.9 M (USD)
in 3 rounds
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Latest Funding Round
$5.2 M (USD), Series A
Mar 13, 2024
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Investors
Yamaha
& 4 more
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Employee Count
Not available
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Products & Services of Joyride
Joyride offers a comprehensive portfolio of products and services, including Rider App, Fleet Management Dashboard, Operator App, and IoT OEM Solutions.
App for locating, unlocking, and renting vehicles quickly.
Dashboard for tracking fleet operations and performance metrics.
App for in-field tasks like battery swapping and rebalancing.
Solutions for integrating IoT into vehicles for smart features.
People of Joyride
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Funding Insights of Joyride
Joyride has successfully raised a total of $8.9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.2 million completed in March 2024. 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 Joyride
Joyride has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Yamaha, Ontario Canada and Proeza Ventures.
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Seed-stage sector-agnostic VC firm investing primarily in the US
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Motorcycles, ATVs, snowmobiles, and watercraft are manufactured.
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Investor details for Joyride
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Joyride
Investment portfolio details for Joyride
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Financial Statements - Joyride
Detailed financials for Joyride
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- Profit trends
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Joyride Comparisons
Peer comparison for Joyride
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- Named peers
- Headcount comparison
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Competitors of Joyride
Joyride 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 Tembici, Zagster, BCycle, Ride Report and PBSC Urban Solutions, among others.
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Tech-enabled electric bike-sharing solutions are provided for urban mobility.
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Multi-category micromobility services are provided via a tech-enabled platform.
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BCycle provides urban bike-sharing platforms for electric bike rentals via app.
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Urban micro-mobility programs are managed via a cloud-based platform.
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Bike-sharing platform
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Detailed competitors of Joyride
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Joyride
Complete news archive for Joyride
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Frequently Asked Questions about Joyride
Joyride was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Joyride is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Vince Cifani is the current CEO of Joyride. They have also founded this company.
Joyride is a funded company, having raised a total of $8.9M across 3 funding rounds to date.
Joyride was founded in 2014 in Toronto, Canada, and operates in the mobility sector. SaaS solutions are provided for multi-vehicle rental companies, particularly bike-sharing systems. Hardware is installed on bikes to enable location tracking, damage alerts, and maintenance notifications. An online platform is utilized to manage cycling events, generate operational reports, and deliver ride analytics for users.
Joyride's top competitors include Tembici, Zagster and PBSC Urban Solutions.
Joyride offers Rider App, Fleet Management Dashboard, Operator App, and IoT OEM Solutions.
Joyride has 5 investors. Key investors include Yamaha, Ontario Canada, Proeza Ventures, Urban Innovation Fund, and Craig Miller.