About Ridecell
Ridecell is a company based in San Francisco (United States) founded in 2009 by ArunKumar Elangovan and Steve Dickerson.. Ridecell has raised $101.37 million across 8 funding rounds from investors including Ally, Mitsui & Co. and BNP Paribas. The company has 77 employees as of March 22, 2024. Ridecell has completed 1 acquisition, including Auro Robotics. Ridecell offers products and services including Ridecell 360, Order to Delivery, In-life Operations, Supplier Intelligence, and Defleet to Remarketing. Ridecell operates in a competitive market with competitors including Waymo, Aurora, Cruise, Argo AI and Momenta, among others.
- Headquarter San Francisco, United States
- Employees 77 as on 22 Mar, 2024
- Founders ArunKumar Elangovan, Steve Dickerson
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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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- Legal Name Ridecell India Private Limited
- Date of Incorporation 06 Dec, 2017
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$3.4 M (USD)51.2as on Mar 31, 2023
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Net Profit
$503.23 K (USD)471.85as on Mar 31, 2023
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EBITDA
$635.62 K (USD)398.25as on Mar 31, 2023
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Total Equity Funding
$101.37 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Ally
& 19 more
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Employee Count
77
as on Mar 22, 2024
- Investments & Acquisitions
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Products & Services of Ridecell
Ridecell offers a comprehensive portfolio of products and services, including Ridecell 360, Order to Delivery, In-life Operations, Supplier Intelligence, and Defleet to Remarketing. 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.
AI platform for managing fleet lifecycles and operations efficiently.
Streamlines vehicle order processes and removes bottlenecks.
Automates workflows for ongoing fleet maintenance and insights.
Provides AI-driven performance tracking for suppliers.
Optimizes vehicle disposal and remarketing processes.
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Funding Insights of Ridecell
Ridecell has successfully raised a total of $101.37M across 8 strategic funding rounds. 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 Funding
- Total Rounds 8
- Last Round Last Round
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First Round
First Round
(01 Jun 2012)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series C - Ridecell | Valuation | Woven Capital |
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| Dec, 2020 | Amount | Series C - Ridecell | Valuation | Fort Ross Ventures | |
| Nov, 2018 | Amount | Series B - Ridecell | Valuation | Activate Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ridecell
Ridecell has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ally, Mitsui & Co. and BNP Paribas. 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.
| Investor | Description | Founded Year | Domain | Location |
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Global funding is provided to growth-stage mobility ventures.
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Founded Year | Domain | Location | |
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Venture capital is provided to mid and growth-stage startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on healthcare startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ridecell
Ridecell has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Auro Robotics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Autonomous vehicles and driving systems are developed by Auro Robotics.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ridecell
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ridecell Comparisons
Competitors of Ridecell
Ridecell 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 Waymo, Aurora, Cruise, Argo AI and Momenta, 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 |
Self-driving vehicle solutions are developed and deployed for transportation.
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| domain | founded_year | HQ Location |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
AI solutions for autonomous driving software and hardware are developed.
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| domain | founded_year | HQ Location |
Autonomous driving software based on deep learning is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ridecell
Frequently Asked Questions about Ridecell
When was Ridecell founded?
Ridecell was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Ridecell located?
Ridecell is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Ridecell a funded company?
Ridecell is a funded company, having raised a total of $101.37M across 8 funding rounds to date.
How many employees does Ridecell have?
As of Mar 22, 2024, the latest employee count at Ridecell is 77.
What is the annual revenue of Ridecell?
Annual revenue of Ridecell is $3.4M as on Mar 31, 2023.
What does Ridecell do?
Ridecell was founded in 2009 in San Francisco, United States, as a provider of cloud-based software for the shared mobility sector. Mobility solutions such as car-sharing, short-term rentals, and hybrid transportation services are offered, along with fleet automation for autonomous vehicles. Technologies including IoT and cloud computing are incorporated to support operations in public and private transportation networks.
Who are the top competitors of Ridecell?
What products or services does Ridecell offer?
Ridecell offers Ridecell 360, Order to Delivery, In-life Operations, Supplier Intelligence, and Defleet to Remarketing.
How many acquisitions has Ridecell made?
Ridecell has made 1 acquisition, including Auro Robotics.
Who are Ridecell's investors?
Ridecell has 20 investors. Key investors include Ally, Mitsui & Co., BNP Paribas, ERGO, and Khosla Ventures.
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