Ridecell was founded in 2009 by Aarjav Trivedi, ArunKumar Elangovan, and Chris Wilkins. The company has not publicly endorsed plans to participate in an IPO.

Ridecell is a vehicle fleet management platform that offers automation tools to meet the needs of multiple industries. Headquartered in San Francisco, the company maintains additional offices in Spain, France, Germany, and India. In 2017, Ridecell acquired Auro Robotics, a self-driving shuttle service. The company has raised more than $130 million in venture capital funding from investors including Fort Ross Ventures, Solasta Ventures, Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital. Ridecell did not disclose valuation figures following a $45 million Series C funding round in 2020.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Ridecell pre-IPO?

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To learn more about Ridecell potential IPO

Will Ridecell go IPO?

Ridecell has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Ridecell’s IPO price?

The Ridecell IPO price does not exist at this time, as Ridecell is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Ridecell register for Forge Markets, today.

When was Ridecell founded?

Ridecell was founded in 2009.

What is Ridecell funding to date?

Ridecell has raised $288.65MM to date.

Who are Ridecell’s major investors?

Gokul Rajaram
Bnp Paribas
Deutsche Bahn
Denso
Khosla Ventures
Woven Capital
Ergo Fund
Hard Yaka
Sony Innovation Fund
Activate Capital
Initialized Capital Management
Fort Ross Ventures
Mitsui
Initialized Capital
Ally Ventures
Mehul Nariyawala
Solasta Ventures
Michael Granoff
Penske
Andreessen Horowitz
Caffeinated Capital
Mark Platshon
Navneet Dalal
General Catalyst
Undisclosed Investors
Lg Technology Ventures
Bmw I Ventures
Cox Automative

Ridecell Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/13/2023 Series C-2 $5MM $xx.xx $706.25MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
397,855
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
04/13/2023 Series C-3 $26.29MM $xx.xx $706.25MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,642,581
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
06/17/2021 Series C-1 $15.83MM $xx.xx $506.84MM Activate Capital, Denso, Fort Ross Ventures, Initialized Capital, Lg Technology Ventures, Solasta Ventures, Woven Capital
Price per Share
$xx.xx
Shares Outstanding
1,591,419
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Activate Capital, Denso, Fort Ross Ventures, Initialized Capital, Lg Technology Ventures, Solasta Ventures, Woven Capital
06/17/2021 Series C $163.06MM $xx.xx $506.84MM Activate Capital, Denso, Fort Ross Ventures, Initialized Capital, Lg Technology Ventures, Solasta Ventures, Woven Capital
Price per Share
$xx.xx
Shares Outstanding
16,388,945
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Activate Capital, Denso, Fort Ross Ventures, Initialized Capital, Lg Technology Ventures, Solasta Ventures, Woven Capital
11/13/2018 Series B $60.86MM $xx.xx $252.51MM Activate Capital, Ally Ventures, Bnp Paribas, Cox Automative, Denso, Deutsche Bahn, Ergo Fund, Initialized Capital, Khosla Ventures, Lg Technology Ventures, Mitsui, Penske, Sony Innovation Fund
Price per Share
$xx.xx
Shares Outstanding
6,898,028
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Activate Capital, Ally Ventures, Bnp Paribas, Cox Automative, Denso, Deutsche Bahn, Ergo Fund, Initialized Capital, Khosla Ventures, Lg Technology Ventures, Mitsui, Penske, Sony Innovation Fund
04/08/2016 Series A $17.61MM $xx.xx $105.93MM Bmw I Ventures, Gokul Rajaram, Khosla Ventures, Mark Platshon, Mehul Nariyawala, Michael Granoff, Navneet Dalal
Price per Share
$xx.xx
Shares Outstanding
3,047,379
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bmw I Ventures, Gokul Rajaram, Khosla Ventures, Mark Platshon, Mehul Nariyawala, Michael Granoff, Navneet Dalal
Updated on: Dec 3, 2024

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