About RideCo
RideCo is a company based in Waterloo (Canada) founded in 2012. RideCo has raised $15.93 million across 2 funding rounds from investors including Eclipse and Metrolinx. RideCo offers products and services including Passenger App, Operations Center, AI Agent, Driver App, and Flex Fleets. RideCo operates in a competitive market with competitors including HopOn, Moovit, Trafi, Passport and Bytemark, among others.
- Headquarter Waterloo, Canada
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
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Social
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- Legal Name Rideco Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$15.93 M (USD)
in 2 rounds
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Latest Funding Round
$15.8 M (USD), Series A
Feb 17, 2022
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Investors
Eclipse
& 1 more
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Employee Count
Not available
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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.
App for trip reservation and rider management.
Platform for streamlining transit operations and monitoring.
AI tool for managing bookings and trip updates.
App for tracking, communication, and dispatching.
Solution for scaling paratransit resources.
People of RideCo
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made by Eclipse across multiple sectors.
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Metrolinx is tasked with coordinating transportation in Ontario.
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Investor details for RideCo
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Investments & Acquisitions by RideCo
Investment portfolio details for RideCo
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Financial Statements - RideCo
Detailed financials for RideCo
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- Profit trends
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Rideco Comparisons
Peer comparison for RideCo
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Competitors of RideCo
RideCo 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 HopOn, Moovit, Trafi, Passport and Bytemark, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS mobility-as-a-service and data collection for public transit are provided.
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AI-enabled mobility-as-service platform is developed for transit operators.
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Mobility app and MaaS solutions are provided for transit users.
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Passport is recognized for providing parking management software solutions.
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Mobile ticketing and payment systems are provided for transit operators.
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Detailed competitors of RideCo
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Latest news on Rideco
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.
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 offers Passenger App, Operations Center, AI Agent, Driver App, and Flex Fleets.