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.