RideCo

Waterloo, Canada Founded: 2012 • Age: 14 yrs
Micro-transit management services are offered for on-demand shared transit operations.

About RideCo

RideCo is a Transportation, Automotive & Logistics company based in Waterloo (Canada) founded in 2012. It operates as a micro-transit management services are offered for on-demand shared transit operations. RideCo has raised $15.93 million across 2 funding rounds from investors including Eclipse and Metrolinx. Its chief executive is Steve Jurvetson. Its website rideco.com draws about 68 thousand monthly visits. RideCo offers products and services including Passenger App, Operations Center, AI Agent, Driver App, and Flex Fleets. Its focus areas include Consumer, Road Transport Tech, Mass Transit and Enablers. Its legal entity is RideCo Inc. Its competitors include HopOn, Moovit, Trafi, Passport and Bytemark and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

RideCo was founded in 2012 in Waterloo, Canada, within the transportation technology sector. A platform is provided to assist micro-transit and fleet operators in launching, managing, and optimizing on-demand shared transit services. Mobile applications are supplied for end-users, while back-end management solutions are delivered for operational oversight. Services focus on shared mobility in urban and regional settings.

Key Metrics
  • Total Equity Funding
    $15.93M (USD)

    in 2 rounds

  • Latest Funding Round
    $15.8M (USD), Series A

    Feb 2022

  • Investors
    Eclipse

    & 1 more

Products & Services of RideCo

RideCo offers a comprehensive portfolio of products and services, including Passenger App, Operations Center, AI Agent, Driver App, and Flex Fleets.

Passenger App
User Application

App for trip reservation and rider management.

Operations Center
Dashboard Tool

Platform for streamlining transit operations and monitoring.

AI Agent
Automation Software

AI tool for managing bookings and trip updates.

Driver App
In-Vehicle Tool

App for tracking, communication, and dispatching.

Flex Fleets
Resource Management

Solution for scaling paratransit resources.

Apps and channels of RideCo

RideCo publishes 4 mobile apps with over 3.5K+ downloads; its YouTube channel RideCo On-Demand Transit has 127 subscribers and 30 videos.

Iride Inglewood
Google Play Maps & Navigation Everyone Free
Developer: RideCo Inc
View on Google Play
MCT On Demand
Google Play Maps & Navigation Everyone Free
Developer: RideCo Inc
View on Google Play
Senior Services I-RIDE
Google Play Maps & Navigation Everyone Free
Developer: RideCo Inc
View on Google Play
ULTRA On Demand Transit
Google Play Maps & Navigation Everyone Free
Developer: RideCo Inc
View on Google Play
RideCo On-Demand Transit
YouTube 127 subscribers 30 videos Science & Technology
Open channel

Videos from RideCo

The most watched videos on RideCo's YouTube channel, RideCo On-Demand Transit (127 subscribers). Click a video to play it here.

RideCo Customer Success Story: WeRIDE
1.2K views
Paratransit Solution - RideCo Explainer Video
837 views
Houston METRO's Auturo Jackson on Efficient Service Delivery with RideCo's Platform
794 views
SEPTA OnDemand: Launching the U.S.' Largest Paratransit Service Running on Cloud-Based Software
733 views

More on RideCo On-Demand Transit.

Funding Insights of RideCo

RideCo has successfully raised a total of $15.93M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.8 million completed in February 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 $15.93M
  • Total Rounds 2
  • Last Round Series A β€” $15.8M
  • First Round $125,000

    (Jun 2015)

  • Investors Count 2

All 2 funding rounds of RideCo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$15.8MSeries A–Eclipse
–
Jun 2015$125,000Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in RideCo

RideCo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Eclipse and Metrolinx.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage investments are made by Eclipse across multiple sectors.
–eclipse.vcPalo Alto, United States
Metrolinx is tasked with coordinating transportation in Ontario.
2006metrolinx.comToronto, Canada
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Investor details for RideCo

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People of RideCo

47 people are tracked at RideCo (16 in leadership, 31 in team).

NameRoleGroup
Randy Pritchard
Board MemberLeadership
Steve Jurvetson
President & CEOLeadership
Jeffrey C Arndt
CEO & PresidentLeadership
Geanina Bozsitz
Director Of Finance And AdministrationLeadership
Brian Corcoran
Senior Director of Business Development | Transit & TransportationLeadership
Peter Gould
Vice President Of PartnershipsLeadership
Prem Gururajan
Co-Founder & CEOLeadership
Clayton Goes
Director of ProductLeadership
Dan Finley
Vice President of Customer SuccessLeadership
John McLeod
Head Of MarketingLeadership
Mayank A.
Director Of ProgramsLeadership
Geanina Bozsitz, CPA, CMA
Director Of Finance And AdministrationLeadership
Darren Maki
Software Engineer, Co-FounderLeadership
Connel Valentine
Director of Technical Services and Data AnalyticsLeadership
Cody Cornwell
Regional Sales DirectorLeadership
Jared Moore
Regional Sales DirectorLeadership
Christopher Jones
Software DeveloperTeam
Babar Tahirkheli
Senior Proposal ManagerTeam
Riana Jagessar
Senior Manager, Technical ServicesTeam
Nina DeSouza
Data Engineer - Team LeadTeam

27 more people are available in the full profile.

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Complete people profiles for RideCo

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Timeline of RideCo

3 dated milestones of RideCo across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded RideCo is founded.
  2. Funding First funding round of $125K.
  3. Funding Latest funding round, Series A, of $15.8M.

Competitors of RideCo

RideCo has 8 listed competitors in our database, 8 of them funded. They include HopOn, Moovit, Trafi, Passport and Bytemark, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hopon.co2013Tel Aviv, Israel$10.7M–
SaaS mobility-as-a-service and data collection for public transit are provided.
moovit.com2012Ness Ziona, Israel$131.5M–
AI-enabled mobility-as-service platform is developed for transit operators.
trafi.com2013Vilnius, Lithuania$14M–
Mobility app and MaaS solutions are provided for transit users.
passportinc.com2010Wilmington, United States$212.5M237
Passport is recognized for providing parking management software solutions.
bytemark.co2011New York, United States$25.7M33
Mobile ticketing and payment systems are provided for transit operators.
mobilleo.com2016Bradford, United Kingdom$6.54M50
SaaS-driven mobility solutions are offered for business travel bookings.
govoll.com2018Belo Horizonte, Brazil$814,077–
Mobility solutions for corporates are facilitated via a marketplace.
instant-system.com2013Biot, France$9.53M–
Provider of MaaS solutions for transport operators
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Detailed competitors of RideCo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of RideCo

The website of RideCo (rideco.com) receives about 67.6K visits a month.

  • Monthly visits
    67.6K

    ▲ 32.1% vs previous month

Similar websites

Websites whose visitors overlap most with RideCo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Top companies in Smart Public Transport

10 companies that operate in the same segment as RideCo (Smart Public Transport), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
App-based bus tracking and ticketing services are offered online.
2014Mumbai, Maharashtra, IndiaUSD 117.44 M––
AI-enabled mobility-as-service platform is developed for transit operators.
2012Ness Ziona, Central District, IsraelUSD 131.5 M––
End-to-end intelligent transport solutions are provided to public operators.
2012New York, New York, United StatesUSD 1.25 B–2,110
Mobility app and MaaS solutions are provided for transit users.
2013Vilnius, LithuaniaUSD 14 M––
App-based platform offering route planning & transit information for commuters
2011London, England, United KingdomUSD 58.49 M––
End-to-end public transportation management software is provided.
2014London, England, United KingdomUSD 260 M–332
Saas-enabled plafform offering mobile ticketing solutions for transport operators
2001London, England, United KingdomUSD 53.18 MUSD 3.71 M104
Technology solutions provider for broadcasting
2008Waterloo, Ontario, CanadaUSD 107.75 M––
SaaS mobility-as-a-service and data collection for public transit are provided.
2013Tel Aviv, IsraelUSD 10.7 M––
Journey planning solutions are enabled through an app-based platform.
2010Mumbai, Maharashtra, IndiaUSD 8.26 MUSD 55.02 K84
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Related news about Rideco

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Complete news archive for RideCo

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Frequently Asked Questions about RideCo

RideCo was founded in 2012 and raised its 1st funding round 3 years after it was founded.

RideCo is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.

Steve Jurvetson is the current CEO of RideCo.

RideCo is a funded company, having raised a total of $15.93M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2015.

RideCo was founded in 2012 in Waterloo, Canada, within the transportation technology sector. A platform is provided to assist micro-transit and fleet operators in launching, managing, and optimizing on-demand shared transit services. Mobile applications are supplied for end-users, while back-end management solutions are delivered for operational oversight. Services focus on shared mobility in urban and regional settings.

RideCo's top competitors include Moovit, Trafi and HopOn.

RideCo offers Passenger App, Operations Center, AI Agent, Driver App, and Flex Fleets.

RideCo has 2 investors. Key investors include Eclipse, and Metrolinx.

RideCo operates through Rideco Inc.

Yes. RideCo publishes Iride Inglewood and 3 more apps, with over 3,500 downloads.

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