Empower - About the company
Empower is a series A company based in Mclean (United States), founded in 2018 by Joshua Sear. It operates as an App that provides zero-commission-based ride-hailing services. Empower has raised $6.03M in funding, with a current valuation of $*****. The company has 362 active competitors, including 11 funded and 16 that have exited. Its top competitors include companies like Uber, Lyft and DiDi.
Company Details
Empower is an app that provides zero-commission-based ride-hailing services. Users can book their ride by providing location details, passenger details, and more. The drivers can fix their own price for the ride and also offers zero commission to the company. It offers features like real-time tracking, customized transportation directly from drivers, and more. Their mobile app is available for both Android & iOS devices.
Key Metrics
Founded Year
2018
Location
Mclean, United States
Stage
Series A
Total Funding
$6.03M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 30, 2021
Ranked
8th among 362 active competitors
Employee Count
120 as on Aug 31, 2026
Similar Companies
Legal entities associated with Empower
Empower is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
YAZAM INC. CIN: 7176969 , United States, Active | Dec 02, 2018 | - | - | - |
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Empower's funding and investors
Empower has raised a total funding of $6.03M over 3 rounds. Its first funding round was on Apr 17, 2020.
Here is the list of recent funding rounds of Empower:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 14, 2021 | 2159947 | Series A | 5699460 | 2388044 | 1157273 | 6343313 |
Aug 26, 2020 | 7994852 | Seed | 6087673 | 8630950 | 2560501 | 2898486 |
Apr 17, 2020 | 6370417 | Seed | 1253874 | 4803072 | 3081489 | 3260770 |
View details of Empower's funding rounds and investors
Empower's founders and board of directors
Founder? Claim ProfileThe founders of Empower is Joshua Sear. Joshua Sear is the CEO of Empower.
Here are the details of Empower's key team members:
- Joshua Sear: Founder & CEO of Empower and founder of 1 other company.
View details of Empower's Founder profiles and Board Members
Empower's employee count trend
Empower has 120 employees as of Aug 26. Here is Empower's employee count trend over the years:
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Empower's Competitors and alternates
Top competitors of Empower include Uber, Lyft and DiDi. Here is the list of Top 10 competitors of Empower, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | Lyft 2007, San Francisco (United States), Public | Network facilitating on-demand transportation and ride scheduling services for individuals | $5.02B | 89/100 | |
3rd | AI-enabled platform for ride-hailing and on-demand services | $20.8B | 87/100 | ||
4th | Curb 1992, Long Island City (United States), Acquired | Connecting riders and drivers with seamless taxi booking and payment | $20.7M | 67/100 | |
5th | ZTrip 1967, Lombard (United States), Acquired | App-based taxi-hailing platform for intracity commutes | - | - | 58/100 |
6th | Juno 2015, New York City (United States), Acquired | Online platform to hail cab rides | $25M | 58/100 | |
7th | Provider of vehicle transfer and tech enabled solutions | - | - | 54/100 | |
8th | Empower 2018, Mclean (United States), Series A | App that provides zero-commission-based ride-hailing services | $6.03M | - | 53/100 |
9th | Flywheel 2009, Redwood City (United States), Acquired | Innovative taxi solutions provider for riders, drivers, businesses, and governments | $40.6M | 49/100 | |
10th | Myle 2020, New York City (United States), Unfunded | App-based ride-hailing platform | - | - | 44/100 |
Looking for more details on Empower's competitors? Click here to see the top ones
Empower's Investments and acquisitions
Empower has made no investments or acquisitions yet.
Reports related to Empower
Here is the latest report on Empower's sector:
News related to Empower
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Regan Zambri Long PLLC Files Class Action Complaint Against Ridesharing Company EmpowerICrowdNewswire•Dec 08, 2022•Rhllaw, Empower
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