About Side
Side is a company based in San Francisco (United States) founded in 2012 was acquired by General Motors in January 2016.. Side has raised $54.33 million across 7 funding rounds from investors including Lightspeed Venture Partners, Lerer Hippeau and Harbert Management. Side has completed 1 acquisition, including HeyRide. Side offers products and services including Transportation News and Safety and Legal Advice.
- Headquarter San Francisco, United States
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Side Car Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$54.33 M (USD)
in 7 rounds
-
Latest Funding Round
$11 M (USD), Series C
May 12, 2017
-
Investors
Lightspeed Venture Partners
& 13 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
General Motors
(Jan 18, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Side
Side offers a comprehensive portfolio of products and services, including Transportation News and Safety and Legal Advice. 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.
News and articles on ridesharing and automotive topics are provided to inform the public
Guidance on accident handling and vehicle safety is offered through content on the platform
Funding Insights of Side
Side has successfully raised a total of $54.33M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $11 million completed in May 2017. 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 7
- Last Round Series C — $11.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series C - Side | Valuation |
investors |
|
| Sep, 2015 | Amount | Series B - Side | Valuation |
investors |
|
| Sep, 2014 | Amount | Series B - Side | Valuation | Avalon Ventures , Union Square Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Side
Side has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Lerer Hippeau and Harbert Management. 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 |
|---|---|---|---|---|
|
Seed and early-stage venture capital is provided to US companies.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
|
Founded Year | Domain | Location | |
|
Venture capital investments in early stage B2B software and academic research startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Side
Side has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HeyRide. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Discounted and free taxi rides to partnered restaurants are provided.
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Side
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Side Comparisons
Competitors of Side
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Side
When was Side founded?
Side was founded in 2012.
Where is Side located?
Side is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Side a funded company?
Side is a funded company, having raised a total of $54.33M across 7 funding rounds to date. The company's 1st funding round was a Series B of $15.87M, raised on Jun 01, 2012.
What does Side do?
Sidecar, a ride sharing service pivoted to new model in Feb, 2015. It now provides a same-day service for local businesses, delivering goods, food, and flowers to local consumers using its existing pool of drivers. Handles everything from driver management to customer support. Earlier in Feb 2014, it pivoted to a marketplace model where riders shop from sidecar drivers who set their own prices, based on price, car ETA, and typesize of vehicle etc. Acquired another ride-sharing start-up Heyride in Feb 2013. Raised a 15M funding round in Sep 2014, from Avalon Ventures, USV and Richard Branson. Pivoted into a delivery company on September, 5th 2015.
What products or services does Side offer?
Side offers Transportation News and Safety and Legal Advice.
How many acquisitions has Side made?
Side has made 1 acquisition, including HeyRide.
Who are Side's investors?
Side has 14 investors. Key investors include Lightspeed Venture Partners, Lerer Hippeau, Harbert Management, General Motors, and Avalon Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.