RideCo On-Demand Transit

RideCo On-Demand Transit

Software Development

Waterloo, ON 7,734 followers

Powering the World's Next Generation of Transit

About us

RideCo is an on-demand transit technology and services company that enables on-demand ridesharing for transit agencies in cities around the globe. We partner with transit agencies and experienced fleet operators to design, simulate, launch and operate on-demand transit services and have launched services with some of the largest agencies in North America. Our solutions reduce travel time, decrease walking distance, and increase service frequency for riders. This lowers transit agencies’ cost-per-ride, reduces demand for parking, and attracts net new riders to transit systems. Our industry-leading productivity directly results in millions of dollars per year in savings for transit agencies and substantial reductions in vehicle revenue hours and associated vehicle emissions. RideCo is focused on making transit more accessible for riders and making on-demand transit a financially sound investment for transit agencies.

Website
http://www.rideco.com
Industry
Software Development
Company size
51-200 employees
Headquarters
Waterloo, ON
Type
Privately Held
Founded
2013
Specialties
optimization, big data, data science, operations research, software, consumer, transportation, transit, microtransit, on-demand transit, paratransit, mobility solution, commingle, on-demand transit software, paratransit software, microtransit software, scheduling software, dispatching software, routing software, public transit, public transportation, transit, and employee commuting

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Funding

RideCo On-Demand Transit 1 total round

Last Round

Series A

US$ 15.7M

See more info on crunchbase