Sign up to receive the Ridecell newsletter. Agenzia Adnkronos 2 Dicembre 2020. All rights reserved. Ridecell Secures $45 Million in Series C Financing Round Round Led by Fort Ross Ventures to Support Company's Hyper Growth into Commercial Fleet Product Lines and New Geographies SAN FRANCISCO , Dec. 2, 2020 /PRNewswire/ -- Ridecell Inc. , the high-yield fleet platform for digital transformation chosen by the world's leading fleets, today announced it has secured $45 million for its Series C … your username. "Mobility technology has never been more critical for fleet owners, especially following a rise in demand due to the global pandemic," said Ratan Singh, Principal at Fort Ross Ventures. your password Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. But opting out of some of these cookies may have an effect on your browsing experience. Ridecell Inc. 02 Dec, 2020, 12:00 GMT. These cookies will be stored in your browser only with your consent. “Working with Ridecell and their fleet customers has been invaluable as we advance the development and commercialization of new mobility services,” said Rob Wunsche, director of Mobility Platform Services and New Product Innovation at DENSO. Existing investors Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital also participated in the round. Pubblicato il: 02/12/2020 13:00. Ridecell has raised a total of $134.8M in funding over 8 rounds. In recent months, leading government, corporate, trucking, and new-mobility fleets, including Penske, Toyota Sweden, Renault, and AAA, have chosen Ridecell to help them automate and digitize their services. Ridecell teams work hand in hand with customers operating globally out of offices in San Francisco, California, Madrid, Spain, Paris, France, Berlin, Germany, and Pune, India. Ridecell announced it has secured $45 million for its Series C financing round. Ridecell Secures $45 Million in Series C Financing Round. For Ridecell, it created opportunities to help many customers and partners quickly meet the shifting consumer and enterprise demand for fleet operations automation and contactless commerce. Ridecell has secured US$45m for its Series C financing round. SAN FRANCISCO, December 2, 2020 — Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world’s leading fleets, today announced it has secured $45 million for its Series C financing round. 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. SAN FRANCISCO, Dec. 2, 2020 /PRNewswire/ -- Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world's leading fleets, today announced it has secured $45 million for its Series C financing round. . Having an ecosystem of industry leaders provides customers with powerful options that make Ridecell a valuable technology partner. These cookies do not store any personal information. Ridecell has secured US$45m for its Series C financing round. Participation in Series C financing round signifies DENSO’s focus on collaborative development and accelerating innovation DENSO Invests Again in Ridecell… Condividi: Fai clic qui per condividere su Twitter (Si apre in una nuova finestra) Fai clic per … Move Your World Better. Ridecell enables them to provide a safe driver experience and 24/7, self-service operations without retail staff or dedicated brick and mortar locations, significantly reducing both risk and operational expenses. press@ridecell.com. Wed, Dec 02, 2020 by PR Newswire. The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures. The Ridecell platform provides data insights and workflow automation for fleets, motor pools, and trucking and logistics companies. Developer of a ride-sharing platform designed to empower new mobility operators to launch their own car-sharing services. (Dec. 3 2020) – DENSO, a leading mobility supplier, today announced it has invested again in mobility platform developer Ridecell as part of the company’s Series C financing round.DENSO first invested in Ridecell, which helps commercial fleets digitally transform their operations, in 2017. 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, Stocks could pull back 10% over the next 3 months as macroeconomic growth peaks, Deutsche Bank's chief strategist says », US stocks decline as investors digest volatility from Archegos meltdown ». Ridecell Inc. is leading the way in the digital transformation of fleet businesses and operations. Ridecell is leading an ecosystem of global companies integrating their products into the Ridecell platform. The high-yield fleet automation platform automates actions triggered by vehicle data that control vehicle availability, maintenance, and access. Ridecell Secures $45 Million in Series C Financing Round. Fleet providers can use the Ridecell APIs, SDK, real-time data platform, and pre-integrated partner solutions to manage fleet data, workflow automation, and vehicle access. Ridecell Secures $45 Million in Series C Financing Round. We'll assume you're ok with this, but you can opt-out if you wish. Round Led by Fort Ross Ventures to Support Company’s Hyper Growth into Commercial Fleet Product Lines and New Geographies. Disclaimer | Ridecell continues to raise capital to power its accelerated international growth, its ability to support larger customers globally, and extend its platform’s core automation and digitization capabilities. Ridecell, the startup providing fleet management software for autonomous vehicles, has secured $45 million in its Series C financing round.. “COVID-19 created an urgent need for them to accelerate digital access to their fleets, reduce risk by enabling self-service touch-less monetization across B2B and B2C business models, and reduce costs through automation. Fort Ross Ventures led the round with participation from other backers that included Solasta Ventures, Activate Capital, DENSO, LG Technology Ventures and Initialized Capital. Thu, Nov 19, 2020 by PR Newswire. "When DENSO invests in partners, our mission is to leverage each other's strengths to innovate, and with Ridecell, that translates to a powerful set of solutions for fleet owners.". Fleet providers can use the Ridecell APIs, SDK, real-time data platform, and pre-integrated partner solutions to manage fleet data, workflow automation, and vehicle access. The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures. KARIYA, Japan. Ridecell Secures $45 Million in Series C Financing Round. Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world's leading fleets, today announced it has secured $45 million for its Series C financing round. We also use third-party cookies that help us analyze and understand how you use this website. Ridecell Inc, a platform provider for fleet management and monetization solutions, has secured $45 million in Series C funding. The high-yield fleet automation platform automates actions triggered by vehicle data that control vehicle availability, maintenance, and access. Share this article. Dec. 2, 2020, 07:00 AM. We are excited to help play a role in Ridecell’s global expansion.”, “The leading fleets in the world were already working on digital transformation,” said Aarjav Trivedi, CEO of Ridecell. "Working with Ridecell and their fleet customers has been invaluable as we advance the development and commercialization of new mobility services," said Rob Wunsche, director of Mobility Platform Services and New Product Innovation at DENSO. Interested in keeping up to date with the latest on new mobility? Ridecell teams work hand in hand with customers operating globally out of offices in San Francisco, California, Madrid, Spain, Paris, France, Berlin, Germany, and Pune, India. Existing investors Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital also participated in the round. Existing investors Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital also participated in the round. 415-682-9292 Made In NYC | The Ridecell platform provides data insights and workflow automation for fleets, motor pools, and trucking and logistics companies. Ridecell powers some of the most successful fleets in cities across Europe and North America. The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures. Ridecell Secures $45 Million in Series C Financing Round News provided by. Ridecell Inc., a San Francisco, CA-based fleet platform for digital transformation, secured $45m in Series C financing round. We are excited to continue that momentum and welcome our C-round investors to our team as we deliver the premier technology platform for mobility companies and fleet operators in a post-pandemic era.”. Welcome! We are excited to continue that momentum and welcome our C-round investors to our team as we deliver the premier technology platform for mobility companies and fleet operators in a post-pandemic era.". The round was led by new investor, Fort Ross Ventures and includes Solasta Ventures. Ridecell Inc. is the leading platform provider for fleet management and monetization solutions. your password About RidecellRidecell Inc. is the leading platform provider for fleet management and monetization solutions. Ridecell is headquartered in San Francisco with offices in Madrid, Paris, Berlin and Pune India. Ridecell General Information Description. The funding round was led by a new investor, Fort Ross Ventures. The Ridecell platform provides data insights and workflow automation for fleets, motor pools, and trucking and logistics companies. This category only includes cookies that ensures basic functionalities and security features of the website. Their latest funding was raised on Dec 2, 2020 from a Series C round. These include services by Ferrovial, Groupe Renault, AAA, Penske, and Toyota Sweden. Necessary cookies are absolutely essential for the website to function properly. Log into your account. 02/12/2020 - 13:30. Because smarter utilization of our resources is vital to our planet, we believe that better solutions benefit us all. Press Contact: Ridecell powers some of the most successful fleets in cities across Europe and North America. These include services by Ferrovial, Groupe Renault, AAA, Penske, and Toyota Sweden. your username. Fort Ross Ventures Invests in Ridecell. Interest in Carsharing and Car Subscription Services Quadruples Amid COVID-19.