About vRide
vRide is a company based in Detroit (United States) founded in 1977 was acquired by Enterprise Holdings in June 2016. vRide has raised $16.23 million across 2 funding rounds from investors including Enterprise Mobility. The company has 176 employees as of December 31, 2016. vRide operates in a competitive market with competitors including Bridj, Fetii, CharterUP, Chariot and RedCap, among others.
- Headquarter Detroit, United States
- Employees 176 as on 31 Dec, 2016
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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
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16.23 M (USD)
in 2 rounds
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Latest Funding Round
$15.7 M (USD), Unspecified
Jun 19, 2014
- Investors
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Employee Count
176
as on Dec 31, 2016
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Acquired by
Enterprise Holdings
(Jun 15, 2016)
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People of vRide
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Funding Insights of vRide
vRide has successfully raised a total of $16.23M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $15.7 million completed in June 2014. 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 vRide
vRide has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Enterprise Mobility.
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Enterprise Mobility is recognized as a leading provider of mobility services.
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Investor details for vRide
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Investments & Acquisitions by vRide
Investment portfolio details for vRide
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Financial Statements - vRide
Detailed financials for vRide
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Vride Comparisons
Peer comparison for vRide
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Competitors of vRide
vRide 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 Bridj, Fetii, CharterUP, Chariot and RedCap, among others.
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Shuttle transportation is booked via an online platform.
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Shuttle services are booked via an app-based platform by users.
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Charter bus marketplace connecting clients with operators for event bookings.
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Pooled intracity shuttles are operated for commuter transport.
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SaaS-based DMS software is offered for auto dealers.
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Detailed competitors of vRide
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Latest news on Vride
Complete news archive for vRide
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Frequently Asked Questions about vRide
vRide was founded in 1977 and raised its 1st funding round 36 years after it was founded.
vRide is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
vRide is a funded company, having raised a total of $16.23M across 2 funding rounds to date.
As of Dec 31, 2016, the latest employee count at vRide is 176.
vRide is an online platform that allows users to share their rides with other passengers. The platform has its own fleet containing 7, 10 15-passenger vans. Users can request for a vanpool with other passengers by choosing the location timing. Users can also find vanpool offers in their routes. Vans are driven by platform appointed drivers. Users can also search rides with other co-employees.
vRide has 1 investor. Key investors include Enterprise Mobility.