When was Nomad Rides founded?

Nomad Rides was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Nomad Rides located?

Nomad Rides is headquartered in Carmel, United States.

How many employees does Nomad Rides have?

As of Jul 01, 2024, the latest employee count at Nomad Rides is 10.

Is Nomad Rides a funded company?

Nomad Rides is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2019.

How much is Nomad Rides worth?

The latest valuation of Nomad Rides is $***** as of Jan 01, 2019. This marks a decline of 1% from its peak valuation of $2.14M in Jan, 2019. This marks a decline of 1% from its peak valuation of $2.14M in Jan, 2019.

When was the latest funding round of Nomad Rides?

Nomad Rides' latest funding was a $***** Seed round on 2019, with participation from 1 investor. Its primary sector is Road Transport Tech. In United States, the Road Transport Tech sector has seen $17.9B in funding in 2026 to date.

Where does Nomad Rides rank among its competitors?

Nomad Rides ranks 69th amongst 393 active competitors, of which 11 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was DiDi, which secured an undisclosed amount in Oct, 2023.

Who are the top competitors of Nomad Rides?

Nomad Rides' top competitors include Uber, Lyft and DiDi. Among them, DiDi secured the most recent funding round in October, 2023.

Nomad Rides - 2026 Company Profile, Team, Funding & Competitors

Nomad Rides is a seed company based in Carmel (United States), founded in 2019 by Michael McHugh and Daniel Jones. It operates as an App-based taxi-hailing platform operating on zero-commission model. Nomad Rides has raised $150K in funding from Y Combinator, with a current valuation of $*****. The company has 393 active competitors, including 11 funded and 16 that have exited. Its top competitors include companies like Uber, Lyft and DiDi.

Company Details

Nomad Rides is an app-based taxi-hailing platform operating on a zero-commission model. Nomad allows drivers to keep 100% of their fares offering travelers with fixed prices. The app is available for iOS devices.

Website: nomadmoments.com
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Key Metrics

Founded Year

2019

Location

Carmel, United States

Stage

Seed

Total Funding

$150K in 1 round

Latest Funding Round

Seed, 2019, $*****

Post Money Valuation

$***** as on Jan 01, 2019

Investors

Y Combinator & 1 more

Ranked

69^th among 393 active competitors

Employee Count

10 as on Jul 01, 2024

Similar Companies

MovingTech & 74 more

View Nomad Rides' full profile

Nomad Rides is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nomad Rides Inc CIN: 842004375 , United States, Active		-	-	-

Nomad Rides has raised a total funding of $150K over 1 round. Its latest funding round was a Seed round on 2019 for $*****. 1 investor participated in its latest round. Nomad Rides has 2 institutional investors.

Here is the list of recent funding rounds of Nomad Rides:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2019	8982	Seed	7789	3758	5499	2033

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View details of Nomad Rides's funding rounds and investors

The founders of Nomad Rides are Michael McHugh and Daniel Jones.

Here are the details of Nomad Rides' key team members:

Michael McHugh: Co-Founder of Nomad Rides.
Daniel Jones: Co-Founder of Nomad Rides.

View details of Nomad Rides's Founder profiles and Board Members

Nomad Rides' employee count trend

Nomad Rides has 10 employees as of Jul 24. Here is Nomad Rides's employee count trend over the years:

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Top competitors of Nomad Rides include Uber, Lyft and DiDi. Here is the list of Top 10 competitors of Nomad Rides, ranked by Tracxn score:

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	Toyota, Fidelity Investments & 192 others	89/100
2nd	Lyft 2007, San Francisco (United States), Public	Network facilitating on-demand transportation and ride scheduling services for individuals	$5.02B	CapitalG, Fidelity Investments & 161 others	88/100
3rd	DiDi 2012, Beijing (China), Public	AI-enabled platform for ride-hailing and on-demand services	$20.8B	Temasek, SoftBank Vision Fund & 96 others	87/100
4th	Curb 1992, Long Island City (United States), Acquired	Connecting riders and drivers with seamless taxi booking and payment	$20.7M	Concur, Variant Equity	67/100
5th	ZTrip 1967, Lombard (United States), Acquired	App-based taxi-hailing platform for intracity commutes	-	-	59/100
6th	Flywheel 2009, Redwood City (United States), Acquired	Innovative taxi solutions provider for riders, drivers, businesses, and governments	$40.6M	Shasta Ventures, RockPort Capital & 5 others	58/100
7th	Juno 2015, New York City (United States), Acquired	Online platform to hail cab rides	$25M	Altair Capital, Residence Ventures & 5 others	58/100
8th	WTI 2009, Delhi (India), Public	Provider of vehicle transfer and tech enabled solutions	-	-	54/100
9th	Empower 2018, Mclean (United States), Series A	App that provides zero-commission-based ride-hailing services	$6.03M	-	53/100
10th	Myle 2020, New York City (United States), Unfunded	App-based ride-hailing platform	-	-	44/100
69th	Nomad Rides 2019, Carmel (United States), Seed	App-based taxi-hailing platform operating on zero-commission model	$150K	Pioneer Fund, Y Combinator	29/100