About RideFlag
RideFlag is a company based in Mississauga (Canada) founded in 2014. It operates as a B2B, and SaaS. RideFlag offers products and services including HOV Verification App and Performance Metrics Tool. RideFlag operates in a competitive market with competitors including Careem, Lyft, Uber, Cabify and Didi, among others.
- Headquarter Mississauga, Canada
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Sectors
Transportation, Automotive & Logistics
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Social
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Annual Revenue
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Products & Services of RideFlag
RideFlag offers a comprehensive portfolio of products and services, including HOV Verification App and Performance Metrics Tool. 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.
Smartphone app for detecting and counting vehicle occupants to verify HOVs.
Tool providing HOV metrics like occupancy counts and passenger miles traveled.
Funding Insights of RideFlag
| 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 |
Investments & Acquisitions by RideFlag
| 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 |
Financial Statements - RideFlag
| 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 |
Rideflag Comparisons
Competitors of RideFlag
RideFlag 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 Careem, Lyft, Uber, Cabify and Didi, 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 |
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| domain | founded_year | HQ Location |
Rides and deliveries are facilitated via a mobile app platform.
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| domain | founded_year | HQ Location |
App-based ride-hailing aggregator
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| domain | founded_year | HQ Location |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
Ride-hailing services are offered via a mobile app platform.
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| domain | founded_year | HQ Location |
An AI-enabled platform is operated for ride-hailing and on-demand services.
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| domain | founded_year | HQ Location |
Rides are hailed through an app-based platform.
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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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Frequently Asked Questions about RideFlag
When was RideFlag founded?
RideFlag was founded in 2014.
Where is RideFlag located?
RideFlag is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
What does RideFlag do?
RideFlag Technologies creates a smartphone app that uses camera technology to detect and count vehicle occupants for accurate High Occupancy Vehicle verification. The tool simplifies the process, taking about five seconds per use, and integrates with existing roadside systems to provide metrics like occupancy counts. It aims to reduce HOV misdeclarations, encourage carpooling, and lower CO2 emissions. Serving transportation and government agencies across America and globally, it supports sustainable commuting practices.
What products or services does RideFlag offer?
RideFlag offers HOV Verification App and Performance Metrics Tool.