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Ridecell

company

About

Ridecell provides car-sharing, ride-sharing, short-term leases, and autonomous vehicle fleet services for car rental companies.

Details

Last Funding Type
Seed
Last Funding Money Raised
$5.50M
Industries
Automotive,Autonomous Vehicles,Car Sharing,Fleet Management,Ride Sharing,Transportation
Founded date
Jan 1, 2009
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Ridecell, Inc.

Ridecell Inc. is the way in the digital transformation of fleet businesses and operations. Our Fleet IoT (Internet of Things) Automation solutions modernize and monetize fleets by combining data insights with digital vehicle control to turn today’s manual processes into automated workflows. The result is unmatched levels of efficiency and control for shared services, motorpools, rental, and logistic fleets.

Today Ridecell powers some of the most successful fleet businesses in cities across Europe and North America, including Ferrovial, Groupe Renault, Gig Car Share from AAA, and Toyota Sweden. Ridecell is headquartered in San Francisco with offices in Madrid, Paris, Berlin, and Pune India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$134.75M
Ridecell has raised a total of $134.75M in funding over 2 rounds. Their latest funding was raised on Jun 17, 2021 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 17, 2021 Series Unknown 1 Woven Capital Detail
Dec 2, 2020 Series C $45M 6 Fort Ross Ventures Detail
Nov 13, 2018 Series B $28M 13 Activate Capital Partners
Cox Automotive
Detail
Jun 1, 2018 Series B $28.61M 5 Cox Automotive Detail
Apr 7, 2016 Series A $11.70M 9 BMW i Ventures Detail

Investors

Number of Lead Investors
Number of Investors
6
29
Ridecell is funded by 29 investors. Woven Capital and Fort Ross Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Woven Capital Yes Series Unknown
Fort Ross Ventures Yes Series C
Cox Automotive Yes Series B
BMW i Ventures Yes Series A
Denso Series C
Activate Capital Partners Series C
Initialized Capital Series C
LG Technology Ventures Series C
Solasta Ventures Series C
Ally Ventures Series B

Employee Profiles

Number of Employee Profiles
23
Ridecell has 23 current employee profiles, including Executive Samyak Pandya
Executive
Employee
Executive
Executive
Employee

Acquisition

Ridecell has acquired 1 organizations. Their most recent acquisition was Auro Robotics on Oct 6, 2017. They acquired Auro Robotics for 0.

Date Company Name
Industry Acquisition Type Price
Oct 6, 2017 Auro Robotics
Artificial Intelligence acquisition Detail