About Rideblock
Rideblock is a Media & Entertainment company based in Kochi (India) founded in 2014. Activity and motion tracking devices for skateboards are provided. Rideblock has raised $490.6 thousand across 5 funding rounds from investors including Accel, Qualcomm Ventures and Make in LA. Its Indian entity Flipmotion Technologies Private Limited reported revenue of ₹1.5 Lakh. Its focus areas include Consumer, Sports Tech, Sports Training and Skating.
Company details
Rideblock was founded in 2014 in Kochi, India, as a provider of wearable devices focused on the sports technology sector. Motion and activity data from skateboards and longboards are tracked by these devices, allowing users to review performance metrics and engage in peer competitions. Operations center on device development and data analysis tools, with distribution primarily through online channels via rideblock.com.
- Headquarters Kochi, India
- SectorsMedia & Entertainment
- Website rideblock.com
- Social X Facebook
- Legal Name Flipmotion Technologies Private Limited
- Date of Incorporation 23 Mar, 2015
- Jurisdiction Sulthan Bathery, Kerala, India
- Annual Revenue₹1.5 Lakh
FY 2019 · -92% YoY
- Net Loss-₹6.3 Lakh
FY 2019 · -420% margin
- EBITDA-₹6.3 Lakh
FY 2019 · -420% margin
- Total Equity Funding$490.6K (USD)
in 5 rounds
- Latest Funding Round$305.6K (USD), Seed
Sep 2017
- InvestorsAccel
& 3 more
Associated legal entities of Rideblock
Rideblock operates through Flipmotion Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flipmotion Technologies Private Limited CIN U72200KL2015PTC038184 | Strike Off | 23 Mar 2015 | Sulthan Bathery, Kerala | ₹0.0 Cr | 34 | 2 | View details |
Funding Insights of Rideblock
Rideblock has successfully raised a total of $490.6K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $305.6 thousand completed in September 2017. 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 $490,596
- Total Rounds 5
- Last Round Seed — $305,596
- First Round $35,000
(Mar 2015)
- Investors Count 4
All 5 funding rounds of Rideblock with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $305,596 | Seed | – | – | – |
| Aug 2015 | $150,000 | Seed | – | – | |
| Aug 2015 | $100,000 | Grant | – | – | |
| Jun 2015 | Seed | – | – | ||
| Mar 2015 | $35,000 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Rideblock
Rideblock has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Accel, Qualcomm Ventures and Make in LA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hardware startup accelerator backed by MiLA Capital. | makeinla.com | Los Angeles, United States | ||
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Startups are accelerated and funded via venture capital investments. | flat6labs.com | Cairo, Egypt |
Investor details for Rideblock
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Flipmotion Technologies Private Limited (Rideblock)
Flipmotion Technologies Private Limited is the primary company behind Rideblock. The board of Flipmotion Technologies Private Limited currently have 2 directors; the longest-serving is Abimanyu Nair Pulachikattil Vidyadharan, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abimanyu Nair Pulachikattil Vidyadharan DIN 07064053 | Director | 23 Mar 2015 | 11 yrs 7 mo | Flipmotion Technologies Private Limited |
| Jibin Jose DIN 07064116 | Managing Director | 23 Mar 2015 | 11 yrs 7 mo | Flipmotion Technologies Private Limited |
Financials of Rideblock
Figures of Flipmotion Technologies Private Limited, the primary company behind Rideblock, for FY 2019. Revenue was ₹1.5 Lakh (-92% year on year). Net loss was -₹6.3 Lakh (-420% margin). EBITDA was -₹6.3 Lakh (-420% margin).
- ₹1.5 LakhRevenue · FY 2019 · -92% YoY
- -₹6.3 LakhNet loss · -420% margin
- -₹6.3 LakhEBITDA · -420% margin
- ₹1 LakhPaid-up capital
- 34Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Flipmotion Technologies Private Limited are on its company page.
Detailed financial statements for Rideblock
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rideblock
3 dated milestones of Rideblock across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Rideblock is founded.
- Funding First funding round of $35K.
- Funding Latest funding round, Seed, of $306K.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as Rideblock (Sports Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 942.17 M | USD 509.95 K | 1,310 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 98.07 M | USD 264.51 M | 777 |
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Frequently Asked Questions about Rideblock
Rideblock was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Rideblock is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Rideblock is a funded company, having raised a total of $490.6K across 5 funding rounds to date. The company's 1st funding round was a Seed of $35K, raised on Mar 2015.
The primary company behind Rideblock, Flipmotion Technologies Private Limited, reported revenue of ₹1.5 Lakh for FY 2019, down 92% year on year.
Rideblock was founded in 2014 in Kochi, India, as a provider of wearable devices focused on the sports technology sector. Motion and activity data from skateboards and longboards are tracked by these devices, allowing users to review performance metrics and engage in peer competitions. Operations center on device development and data analysis tools, with distribution primarily through online channels via rideblock.com.
Rideblock has 4 investors. Key investors include Accel, Qualcomm Ventures, Make in LA, and Flat6Labs.
Rideblock operates through Flipmotion Technologies Private Limited.
The legal entities of Rideblock currently have 2 directors, including Abimanyu Nair Pulachikattil Vidyadharan, Jibin Jose.