About RidePal
RidePal is a company based in San Francisco (United States) founded in 2011. It operates as a B2C. RidePal has raised $3.7 million across 2 funding rounds from investors including Volvo Group, Claremont Creek Ventures and 500 Global. RidePal operates in a competitive market with competitors including Proficio GeoTechnology, GreenRoutes, RotaPlan, OCabbie and RouteRobo, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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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
$3.7 M (USD)
in 2 rounds
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Latest Funding Round
$3.2 M (USD), Series A
Oct 07, 2013
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Investors
Volvo Group
& 3 more
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Employee Count
Employee Count
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Funding Insights of RidePal
RidePal has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.2 million completed in October 2013. 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 2
- Last Round Series A — $3.2M
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First Round
First Round
(10 Sep 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Series A - RidePal | Valuation | Volvo Group , Claremont Creek Ventures |
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| Sep, 2012 | Amount | Seed - RidePal | Valuation |
investors |
| 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 RidePal
RidePal has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Volvo Group, Claremont Creek Ventures and 500 Global. 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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Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Seed stage VC firm investing in the US
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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 RidePal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - RidePal
| 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 |
Ridepal Comparisons
Competitors of RidePal
RidePal 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 Proficio GeoTechnology, GreenRoutes, RotaPlan, OCabbie and RouteRobo, 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 |
Provides an online platform for managing employee transportation.
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| domain | founded_year | HQ Location |
AI-powered route optimization is provided for employee transportation.
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| domain | founded_year | HQ Location |
Web-based route planning and scheduling solutions for corporates are delivered.
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| domain | founded_year | HQ Location |
Offers an employee transportation management solution for businesses.
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| domain | founded_year | HQ Location |
Provides a cloud-based platform for managing employee transportation efficiently.
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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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Frequently Asked Questions about RidePal
When was RidePal founded?
RidePal was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is RidePal located?
RidePal is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is RidePal a funded company?
RidePal is a funded company, having raised a total of $3.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Sep 10, 2012.
What does RidePal do?
RidePal, established in 2011, excels in providing transportation services, public transport, commuter services, and managed bus operations. Offers managed commuter bus services to facilitate efficient travel to workplaces. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of RidePal?
RidePal's top competitors include Proficio GeoTechnology, RotaPlan and GreenRoutes.
Who are RidePal's investors?
RidePal has 4 investors. Key investors include Volvo Group, Claremont Creek Ventures, 500 Global, and Amicus Capital.