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RYDE - About the company

RYDE is a public company based in Singapore (Singapore), founded in 2014. It operates as a Provider of ride-hailing, carpooling, and on-demand delivery services. RYDE has raised $1.5M in funding from NomadX. The company has 27 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like Gozem, Blacklane and TADA.

Company Details

Provider of ride-hailing, carpooling, and on-demand delivery services. The company facilitates transportation through its platform. It offers options for individuals seeking rides and businesses requiring delivery solutions. The platform connects drivers and riders, enabling shared transportation and point-to-point delivery.
Social
X
Registered Address
FRASER STREET, Singapore, 189352
Key Metrics
Founded Year
2014
Location
Singapore, Singapore
Stage
Public
Total Funding
$1.5M in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
SGD 1M - 10M as on Dec 31, 2023
Employee Count
55 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

RYDE's IPO details

RYDE got listed on Mar 06, 2024.
Click here to take a look at RYDE's IPO in detail
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RYDE's funding and investors

RYDE has raised a total funding of $1.5M over 2 rounds. Its first funding round was on Nov 19, 2015. Its latest funding round was a Seed round on Jan 29, 2019 for $*****. 1 investor participated in its latest round. RYDE has 2 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
Jan 29, 2019
4196061
Seed
5758160
8777833
1782798
9520221
Nov 19, 2015
6073581
Seed
3987211
7380386
9197174
4189601
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RYDE's founders and board of directors

Founder? Claim Profile

RYDE's Board of Directors

RYDE's board has 1 active member. Terence Zou is part of team.
Here is the list of RYDE's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
12y 0m
{seysao
Independent board member
-
Past
8y 2m
gxe{odg
Independent board member
-
Past
3y 7m

RYDE's employee count trend

RYDE has 55 employees as of May 26. Here is RYDE's employee count trend over the years:
Employee count trend for RYDE
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RYDE's Competitors and alternates

Top competitors of RYDE include Gozem, Blacklane and TADA. Here is the list of Top 10 competitors of RYDE, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Gozem
Gozem
2018, Lome (Togo), Series B
Operator of digital platforms for transportation delivery and financial services
$48.5M
78/100
2nd
Logo for Blacklane
Blacklane
2011, Berlin (Germany), Acquired
Provider of chauffeur services including airport transfers and city-to-city rides
$127M
75/100
3rd
Logo for TADA
TADA
2018, Singapore (Singapore), Series A
App-based ride-hailing platform
$15M
64/100
4th
Logo for RYDE
RYDE
2014, Singapore (Singapore), Public
Provider of ride-hailing, carpooling, and on-demand delivery services
$1.5M
62/100
5th
Logo for MVL Foundation
MVL Foundation
2018, Singapore (Singapore), Series C
Developer of blockchain infrastructure for mobility and ride-sharing data ecosystems
$120M
40/100
6th
Logo for Maxi Cab
Maxi Cab
2017, Singapore (Singapore), Unfunded
App-based ride-hailing platform
-
-
30/100
7th
Logo for GoCarAsia
GoCarAsia
2016, Singapore (Singapore), Unfunded
Online ride-hailing platform
-
-
30/100
8th
Logo for Hapticus
Hapticus
2010, Singapore (Singapore), Funding Raised
Fleet management solution for transportation industry
-
27/100
9th
Logo for FlitWays
FlitWays
2012, Culver City (United States), Deadpooled
Taxi booking platform
$655K
26/100
10th
Logo for Traver
Traver
2016, Singapore (Singapore), Unfunded
Online marketplace for booking intercity cabs
-
-
24/100
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RYDE's Investments and acquisitions

RYDE has a total of 1 investment in Atoll Discovery. RYDE has not made any acquisitions as of now.

Reports related to RYDE

Here is the latest report on RYDE's sector:

News related to RYDE

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Media has covered RYDE for a total of 26 events in the last 1 year, 11 of them have been about company updates and 10 about partnerships.
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FAQs about RYDE

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