Gridwise offers a mobile app for rideshare and gig drivers that aggregates real-time airport activity, local events, weather, and traffic to help drivers boost earnings. The app has evolved to let users track earnings across platforms (Uber, Lyft) and to track mileage and expenses. According to Gridwise, over 300k rideshare and delivery drivers use its free app. The company has expanded into financial products via a partnership with Kover (now Seel) to launch Gridwise Protection, an income protection and sick leave product for drivers, though that product is not accepting new customers at this time. Earlier this year Gridwise announced it will offer users benefits from Avibra’s Dollar Benefits Store. Founded in 2016, the company continues to focus on tools and benefits tailored to gig‑economy drivers. Gridwise collects and aggregates data from traffic services, social media, weather, events, local news and crowdsourced driver inputs via its mobile app to provide real-time alerts and aggregate analytics. The company says drivers using its app have produced 300 million tracked ride-hailing miles and that drivers can earn as much as 39% more per hour. Gridwise works across platforms including Uber, Lyft and Via, and already tracks food delivery starting with Uber Eats. The Pittsburgh-based startup, founded in 2016, plans to unlock ride-share and delivery insights for municipalities, mobile service platforms, insurance providers and other stakeholders. Product plans include expanding tracking to grocery and parcel deliveries to broaden its view of how people and goods move in cities. The company positions its cross-platform data as a differentiator versus single-provider programs and aims to monetize aggregate analytics for corporate and municipal customers. Gridwise aggregates third-party APIs (traffic, social media, weather, events, local news) and crowdsourced driver data to deliver real-time alerts on where and when to drive. The app notifies drivers about airport congestion, event-driven demand, and weather, and tracks mileage, time, earnings, and trips. It offers a free basic tier and a paid Gridwise Plus plan ($10/month or $96/year) with additional features like 24-hour airport graphs and real-time flight status. Gridwise says it can help drivers earn as much as 39% more per hour and reports some 40,000 drivers using the app across 18 U.S. cities, including recent launches in San Francisco and San Jose. Founded in 2016 and a Techstars alum, the company is headquartered in Pittsburgh and had seven employees at the time of the article. Management plans to invest in R&D for autonomous ride-hailing use cases and pursue international expansion after growing its U.S. driver network.

Total raised

$17M

Funding rounds

3

Latest round

Series A

Latest activity

May 2022