Ryde - About the company
Ryde is a series A company based in London (United Kingdom), founded in 2018 by Duncan Mitchell and Tom Nimmo. It operates as a Provider of a web-based on-demand delivery management platform. Ryde has raised $3.71M in funding from Forward Partners. The company has 977 active competitors, including 107 funded and 39 that have exited. Its top competitors include companies like Paxel, FarEye and Bringg.
Company Details
Provider of a web-based on-demand delivery management platform. The platform helps businesses to manage their delivery network and the riders' marketplace. It provides a personalized account for riders, workforce management, and task scheduling. It also helps in managing & tracking deliveries. The app is available on the Android & iOS platforms.
- Website
- ryde.team
- Email ID
- *****@ryde.team
- Registered Address
- 2/58 Fitzjohns Avenue, London, United Kingdom, NW3 5LT
Key Metrics
Founded Year
2018
Location
London, United Kingdom
Stage
Series A
Total Funding
$3.71M in 2 rounds
Latest Funding Round
Investors
Ranked
47th among 977 active competitors
Employee Count
88 as on Jun 30, 2026
Legal entities associated with Ryde
Ryde is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Gameplan Technology Limited CIN: 11175220 , United Kingdom, Active | Jan 28, 2018 | - | 8 (As on Dec 31, 2024) |
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Ryde's funding and investors
Ryde has raised a total funding of $3.71M over 2 rounds. Its first funding round was on Jun 16, 2020. Its latest funding round was a Series A round on Aug 12, 2021 for $*****. 8 investors participated in its latest round. Ryde has 4 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Ryde:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 12, 2021 | 1139518 | Series A | 7905367 | 2116762 | 4815097 | 4494035 |
Jun 16, 2020 | 8749622 | Seed | 8237211 | 1828468 | 1742273 | 6814685 |
View details of Ryde's funding rounds and investors
Ryde's founders and board of directors
Founder? Claim ProfileThe founders of Ryde are Duncan Mitchell and Tom Nimmo.
Here are the details of Ryde's key team members:
- Duncan Mitchell: Co-Founder of Ryde and founder of 2 other companies, Ryders and Gameplan. They are also an angel investor in 1 startup.Contact Info: 2 email addresses
- Tom Nimmo: Co-Founder of Ryde and founder of 2 other companies, Ryders and Gameplan. Contact Info: 2 email addresses
View details of Ryde's Founder profiles and Board Members
Ryde's employee count trend
Ryde has 88 employees as of Jun 26. Here is Ryde's employee count trend over the years:
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Ryde's Competitors and alternates
Top competitors of Ryde include Paxel, FarEye and Bringg. Here is the list of Top 10 competitors of Ryde, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provides solutions for last-mile delivery management | $58.8M | 70/100 | ||
2nd | FarEye 2013, Chicago (United States), Series E | A technology company offering products and solutions for last-mile delivery management | $152M | 69/100 | |
3rd | Provider of cloud and AI-based delivery management solutions | $184M | 67/100 | ||
4th | OneRail 2018, Orlando (United States), Series C | Provider of technology facilitating last mile delivery and courier management | $96.5M | 65/100 | |
5th | Platform for supermarkets, pharmacies and retailers to manage online delivery operations | $20.2M | 65/100 | ||
6th | OnFleet 2012, San Francisco (United States), Acquired | Cloud based last mile delivery management software | $44.8M | 63/100 | |
7th | Nash 2020, San Francisco (United States), Series A | Offers web-based last-mile delivery management solutions | $20.1M | 63/100 | |
8th | Shipday 2009, Menlo Park (United States), Series A | Provider of cloud-based delivery management solutions | $7M | 62/100 | |
9th | Sorted 2010, Manchester (United Kingdom), Acquired | Provider of software for delivery management and automated carrier allocation | $134M | 61/100 | |
10th | Provider of AI-based last-mile delivery management solutions | $10.2M | 61/100 | ||
47th | Ryde 2018, London (United Kingdom), Series A | Provider of a web-based on-demand delivery management platform | $3.71M | 44/100 |
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Ryde's Investments and acquisitions
Ryde has made no investments or acquisitions yet.
Reports related to Ryde
Here is the latest report on Ryde's sector:
News related to Ryde
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Ryde Raises £2.5M in FundingFinSMEs•Aug 12, 2021•Ryde, Swiss Founders Fund, Seedcamp, Triple Point Technology and 2 others
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