Ridecell
Ridecell, headquartered in San Francisco, offers a Fleet Transformation Cloud that modernizes fleet operations with data insights and digital vehicle control, serving various industries including automotive OEMs and vehicle rental.
Company History
Ridecell, founded in 2009, has evolved through various names including Summon, InstantCab, and Ridecell. The company has grown significantly since its inception, now powering over 15 million rides annually. Ridecell participated in the Y-Combinator W12 batch, marking an important step in its development. Over the years, the company has expanded its presence and capabilities, continuously adapting to meet the needs of the mobility industry.
Services
Ridecell offers a range of services aimed at modernizing and monetizing fleets. Their Fleet Transformation Cloud combines data insights with digital vehicle control to streamline fleet operations and uncover new revenue opportunities. Other solutions provided by Ridecell include vehicle rental, shared mobility, sustainability initiatives, and operations automation. The company serves a variety of sectors such as automotive OEMs, commercial delivery, corporate carsharing, dealerships, government motorpools, leasing, and vehicle rental.
Investors and Awards
Ridecell has garnered support from both corporate and financial investors. Corporate investors include Woven Capital, Denso, BMW i Ventures, Cox Automotive, LG Technology Ventures, Munich RE, BNP Paribas, Penske, and Sony Innovation Fund. Financial backers include Fort Ross Ventures, Activate Capital, Solasta Ventures, Initialized Capital, Khosla Ventures, and Andreessen Horowitz. The company has received notable recognitions such as the 2023 Frost & Sullivan Company of the Year, 2023 Top Private YC Companies, and the 2022 AutoTech Breakthrough Awards – Cars-as-a-Service Solution of the Year.
Leadership and Vision
Ridecell aims to accelerate the digitization and intelligent automation of mobility to foster a more sustainable, safer, and productive future. By integrating data from sensors and various IT systems, Ridecell creates actionable insights, digital vehicle control, and automated workflows. Their vision is to facilitate better movement of the world through advanced technology, catering to emerging needs and transforming fleet management for a diverse range of clients.
Global Presence
Headquartered in San Francisco, California, Ridecell has a notable global presence with offices in Madrid, Paris, Berlin, and Pune, India. The company operates across regions including the United States, America/Canada, and offers remote and partly remote services. Ridecell powers some of the most successful fleet businesses in cities across Europe and North America, with clients such as Arval, GIG Car Share, powered by AAA NCNU, and KINTO by Toyota Sweden.