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RYD - About the company

RYD is a series B company based in Munich (Germany), founded in 2014. It operates as a Plug-in device for vehicle diagnostics and connectivity solutions for drivers. RYD has raised $11.9M in funding from BP Ventures. The company has 347 active competitors, including 30 funded and 11 that have exited. Its top competitors include companies like Cambridge Mobile Telematics, OOONO and Webfleet.

Company Details

RYD(formerly TankTaler) offers a plug-in device for vehicle diagnostics and connectivity solutions for drivers. The device connects to the vehicle's OBDII port following which it tracks and syncs real-time vehicle data with the app. It shares data such as battery voltage, engine faults, fuel consumption, theft & towing, mileage, etc. Users can also log their trips, check the fuel level, compare fuel prices, pay for fuel, find & book parking, etc. The app is available for both Android & iOS devices.
Website
ryd.one
Social
X
Email ID
*****@ryd.one
Phone Number
+49 **********
Part Of
Registered Address
Blutenburgstr. 18 80636 München
Key Metrics
Founded Year
2014
Location
Munich, Germany
Stage
Series B
Total Funding
$11.9M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
119 as on Jul 31, 2026
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RYD's funding and investors

RYD has raised a total funding of $11.9M over 2 rounds. Its first funding round was on Sep 07, 2021. RYD has 8 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of RYD:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 31, 2022
3285591
Series B
6256768
2953564
3538864
6955770
Sep 07, 2021
9416744
Series B
9397523
7218025
1526380
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RYD's founders and board of directors

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RYD's employee count trend

RYD has 119 employees as of Jul 26. Here is RYD's employee count trend over the years:
Employee count trend for RYD
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RYD's Competitors and alternates

Top competitors of RYD include Cambridge Mobile Telematics, OOONO and Webfleet. Here is the list of Top 10 competitors of RYD, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cambridge Mobile Telematics
Cambridge Mobile Telematics
2010, Cambridge (United States), Series D
Provider of AI-powered telematics and mobility safety solutions
$852M
72/100
2nd
Logo for OOONO
OOONO
2017, Copenhagen (Denmark), Seed
Driver assistance solutions for drivers
$3.87M
64/100
3rd
Logo for Webfleet
Webfleet
1991, Amsterdam (Netherlands), Unfunded
Provider of cloud-based fleet management software
-
-
62/100
4th
Logo for OnStar
OnStar
1996, Warren (United States), Unfunded
OnStar: Connected vehicle services providing safety, support, and connectivity
-
-
60/100
5th
Logo for Six Sense Mobility
Six Sense Mobility
2020, Delhi (India), Seed
End-to-End fleet management solutions for fleet operators
$5.67M
60/100
6th
Logo for Arity
Arity
2014, Chicago (United States), Unfunded
Provider of mobility data and analytics for transportation-related industries
-
-
57/100
7th
Logo for ThingCo
ThingCo
2018, London (United Kingdom), Series A
Provider of an AI & cloud-driven telematics solution
$6.74M
56/100
8th
Logo for CarIQ
CarIQ
2013, Pune (India), Acquired
Saas-based platform for vehicle diagnostics solutions
$16.6M
49/100
9th
Logo for Onelap
Onelap
2019, Delhi (India), Unfunded
Provides integrated solutions for tracking fleets
-
-
48/100
10th
Logo for Tourmo Innovations
Tourmo Innovations
2013, San Diego (United States), Seed
AI-based platform for workflow automation
$3M
48/100
23rd
Logo for RYD
RYD
2014, Munich (Germany), Series B
Plug-in device for vehicle diagnostics and connectivity solutions for drivers
$11.9M
43/100
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RYD's Latest cap tables and shareholding

Founders (largest shareholder) own 81.22%, Enterprises own 1.09%, Angels own 8.95% and Other People own 8.30%. The net worth of RYD's founders is INR 3.72Cr as of Jul 29, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
81.22%
3.72Cr
8594682
8146374
6323482
7022797
Enterprise
1.09%
5L
5
5
8
2
Angel
8.95%
41L
1748685
7019424
2885560
9558949
Other People
8.30%
38L
4871084
6412290
3653514
7322377
Other Investors
0.44%
2L
0
0
0
0
Total
100.00%
4.58Cr
6586894
3173558
7193636
3455883
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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RYD's Investments and acquisitions

RYD has made no investments or acquisitions yet.

Reports related to RYD

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