FundedIQ
Transportation

RideCo: Funding, Investors & Team (Sep 2026)

Developer of a cloud logistics platform created to facilitate personalized mass transit. The company's platform utilizes a mobile application to connect users with established transportation services like shuttles, taxis or limousine services and link them up with other commuters leaving at the same time, picking them up along the route, enabling users to get personalized service for sharing a ride.

www.rideco.com LinkedIn Waterloo, Canada 51-100 employees
Total raised
$15.7M
Rounds
1
Latest
Series A
Feb 2022

RideCo has raised $15.7M across 1 funding round on record, the most recent a Series A of $15.7M announced in Feb 2022.

That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.

RideCo Company Profile and Key Stats

Total funding raised
$15.7M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$15.7M in Feb 2022
Employees
51-100
reported band
Headquarters
Waterloo, Canada

Latest funding round on record: Feb 2022.

RideCo Funding Rounds

Date
Round
Amount
Series A
$15.7M

RideCo Founders and Leadership Team

Name
Role
Contact
Prem Gururajan
CEO
Locked

Contact details for the RideCo team: 1 of 1 has an email address on file.

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RideCo Funding Compared to Other Transportation Startups

Segment
Companies
Median round
3,081
$2.2M
8,352
$15M

RideCo's latest round of $15.7M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like RideCo in Transportation and Waterloo

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RideCo Funding FAQs

What does RideCo do?

Developer of a cloud logistics platform created to facilitate personalized mass transit. The company's platform utilizes a mobile application to connect users with established transportation services like shuttles, taxis or limousine services and link them up with other commuters leaving at the same time, picking them up along the route, enabling users to get personalized service for sharing a ride.

How much funding has RideCo raised?

RideCo has raised $15.7M across 1 round on record. The most recent is a Series A of $15.7M announced in Feb 2022.

When did RideCo last raise funding?

RideCo's most recent funding round on record is a Series A of $15.7M, announced in Feb 2022.

Who is the CEO of RideCo?

Prem Gururajan is listed as CEO at RideCo.

Where is RideCo headquartered?

RideCo is based in Waterloo, Ontario, Canada.

How many employees does RideCo have?

RideCo is in the 51-100 employee band.

How does RideCo's funding compare to other Transportation startups?

RideCo's latest round of $15.7M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.

About FundedIQ's RideCo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for RideCo is left off this page rather than filled in.

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