Ridecell offers a data insights and workflow automation platform that enables fleets, motor pools, and trucking and logistics companies to deliver a safe driver experience and 24/7 self-service operations without retail staff or brick-and-mortar locations. Its product includes APIs, an SDK, a real-time data platform, and pre-integrated partner solutions to manage fleet data, workflow automation, and vehicle access. The platform aims to reduce risk and operational expenses for fleet providers through automation and digitization. Ridecell plans to use the new funding to accelerate international growth, support larger customers globally, and extend its core automation and digitization capabilities. Recent customers include Penske, Toyota Sweden, Renault, and AAA, which have used the platform to automate and digitize services. The company is led by CEO Aarjav Trivedi and operates globally with offices in San Francisco, Madrid, Paris, Berlin, and Pune. Ridecell offers a cloud-based mobility engine that tracks fleet locations, maintenance schedules, and usage insights for car-sharing, ride-sharing, and ride-hailing operators. Its platform is used by more than 20 customers including UCSF, 3M, SouthWest Transit, BMW, Groupe Renault, Ferrovial, and AAA Northern California. The company has processed over 25 million rides and rentals covering more than 20 million miles and employs over 120 people across offices in the U.S., Europe, Asia, and Australia. Ridecell acquired Auro Robotics in 2017 and supports driver-operated and autonomous on-demand services with a single platform. It has obtained permits to operate driverless shuttles on public roads in California and is expanding into autonomous fleet management and has applied for an e-scooter permit in San Francisco. Altogether, Ridecell has raised more than $70 million to date. Ridecell provides an intelligent software platform for new mobility operators—OEMs, car rental companies, auto clubs, cities, transit agencies, dealer groups, and private fleets—to launch, expand and operate carsharing, ridesharing, and autonomous fleet services. The company powers services such as ReachNow (BMW Group), ZITY (Groupe Renault and Ferrovial), and GIG Carsharing (AAA), and runs dynamic shuttle services for campuses and transit agencies including Georgia Tech, UC Berkeley, UCSF, 3M and SouthWest Transit. Ridecell has processed over 20 million rides and rentals and employs more than 100 professionals across the US, Europe, Asia and Australia. The product focus is on end-to-end orchestration and operations for shared and autonomous fleets. Led by CEO Aarjav Trivedi, the company was founded in 2009 and is based in San Francisco, CA. The article does not disclose specific revenue figures. RideCell builds fleet-management software described as an operating system for car-sharing, ride-sharing, fixed-route and dynamic transit services. The platform tracks vehicle locations, battery status, maintenance needs and other operational signals to optimize fleet utilization. The company pivoted from an original ride-hailing concept to focus on managing human-driven and future autonomous fleets. Customers include UC Berkeley, USC, 3M and the Santa Clara Valley Transportation Authority, which uses RideCell to reduce empty runs. RideCell’s tech is powering BMW’s ReachNow launch in Seattle, helping BMW operate and incentivize use of its 3 Series, Mini Cooper and i3 fleet. Financially, RideCell closed an $11.7 million Series A and has raised $17 million in total.

Total raised

$117M

Funding rounds

4

Latest round

Series C

Latest activity

Dec 2020