RideCo is a tech company focused on making urban transportation better. Our unique solution enables passengers to book door-to-door and hub-to-hub, shared, professional transportation at a time and cost near to that of driving their own vehicle. The core of this solution is based on patent-pending breakthrough logistics technology developed over years of research by our engineering team. RideCo launched in Spring 2015 in partnership with Metrolinx - one of the largest transportation operators in world.
Overview
Funding Rounds 1
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Mentions in press and media 5
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| Feb 17, 2022 | RideCo Raises $20M in Series A Funding | RideCO, a Waterloo, ON, Canada-based on-demand transit technology company, raised $20M in Series A funding. The round was led by Eclipse Ventures. The company intends to use the funds to further accelerate its growth and innovation in produ... |
| Feb 17, 2022 | Via competitor RideCo raises $16M to expand on-demand transit software | RideCo, a Canadian company offering cities on-demand transit tech, closed a $15.8 million (CAD $20 million) Series A round. The fresh capital will be put toward further development of its product, which will involve substantially growing it... |
| Dec 1, 2021 | Launched During the Pandemic, Metro’s $1 Rideshare Experiment Is Expanding to the Westside | Metro’s answer to Uber, Lyft will be coming to Westwood/UCLA on Dec. 12 with the launch of its rideshare service Metro Micro in its ninth zone. The micro-transit pilot program led by L.A. Metro’s Office of Extraordinary Innovation aims to b... |
| Behind Her Empire Podcast: Modrn Med Founder Dr. Mary Pardee on How Stress Impacts Your Gut | Dr. Mary Pardee has made gut health her life’s work, leading her to found Modrn Med, a telemedicine and virtual wellness company based in Sherman Oaks. And it was her own personal experience with intestinal issues that led her to become the... |
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FAQ about RideCo. On-Demand Transit
When was RideCo. On-Demand Transit founded?
RideCo. On-Demand Transit was founded in 2013.
How much funding has RideCo. On-Demand Transit raised?
RideCo. On-Demand Transit has raised $20M in total across 1 funding round.
What has the press written about RideCo. On-Demand Transit?
Parsers VC has collected 5 articles mentioning RideCo. On-Demand Transit, among them “RideCo Raises $20M in Series A Funding” (Feb 17, 2022) and “Via competitor RideCo raises $16M to expand on-demand transit software” (Feb 17, 2022).
Is RideCo. On-Demand Transit still active?
Yes, RideCo. On-Demand Transit is active; its latest activity on Parsers VC dates from Feb 17, 2022.