About Ridely
Ridely is a company based in Stockholm (Sweden) founded in 2016.. Ridely has raised $982.89 thousand across 1 funding round from investors including Almi, Sophie Stenbeck and Charlotte McAuley. Ridely offers products and services including Ridely App, Personalized Training Programs, and RideSafe Tracker. Ridely operates in a competitive market with competitors including Ridesum, Equilab, Ride iQ, X Factor Roping and Downunder Horsemanship, among others.
- Headquarter Stockholm, Sweden
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$982.89 K (USD)
in 1 rounds
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Latest Funding Round
$982.89 K (USD), Seed
May 18, 2021
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Investors
Almi
& 4 more
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Employee Count
Employee Count
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Products & Services of Ridely
Ridely offers a comprehensive portfolio of products and services, including Ridely App, Personalized Training Programs, and RideSafe Tracker. 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.
Digital app for equestrian training and community features
Custom programs using AI for rider skill improvement
Tool to monitor rides and notify contacts for safety
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Funding Insights of Ridely
Ridely has successfully raised a total of $982.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $982.89 thousand completed in May 2021. 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 1
- Last Round Seed — $982,894
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First Round
First Round
(18 May 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Ridely | Valuation | Sophie Stenbeck , Charlotte McAuley |
| 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 Ridely
Ridely has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Almi, Sophie Stenbeck and Charlotte McAuley. 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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Investments are provided by Almi in seed to growth-stage startups.
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Founded Year | Domain | Location | |
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SS
Sophie Stenbeck |
Swedish angel investor in Indian startups, focused on tech and innovation.
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Founded Year | Domain | Location |
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CM
Charlotte McAuley |
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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 Ridely
| 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 - Ridely
| 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 |
Ridely Comparisons
Competitors of Ridely
Ridely 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 Ridesum, Equilab, Ride iQ, X Factor Roping and Downunder Horsemanship, 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 |
Platform offering digital horse training platform
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| domain | founded_year | HQ Location |
Horse riding insights are provided via phone sensor analysis.
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| domain | founded_year | HQ Location |
Equestrian sports training app is provided by Ride iQ.
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| domain | founded_year | HQ Location |
Online platform offering instructional videos and professional roping coaching.
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| domain | founded_year | HQ Location |
Downunder Horsemanship provides an online platform for horse training tips and videos.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Ridely
Frequently Asked Questions about Ridely
When was Ridely founded?
Ridely was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Ridely located?
Ridely is headquartered in Stockholm, Sweden.
Is Ridely a funded company?
Ridely is a funded company, having raised a total of $982.89K across 1 funding round to date. The company's 1st funding round was a Seed of $982.89K, raised on May 18, 2021.
What does Ridely do?
Ridely is an app-based training solution for equestrians sports. The platform enables users to plan, log in to training sessions, and improve their statistics. Users can share their details via the app. Its mobile app is available for Android and iOS devices.
Who are the top competitors of Ridely?
What products or services does Ridely offer?
Ridely offers Ridely App, Personalized Training Programs, and RideSafe Tracker.
Who are Ridely's investors?
Ridely has 5 investors. Key investors include Almi, Sophie Stenbeck, Charlotte McAuley, Mark McAuley, and Per Brilioth.