When was RideCo founded?

RideCo was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is RideCo located?

RideCo is headquartered in Waterloo, Canada.

Who is the current CEO of RideCo?

Prem Gururajan, Prem Gururajan and Steve Jurvetson s of RideCo. Prem Gururajan has also founded 2 companies.

How many employees does RideCo have?

As of Aug 31, 2026, the latest employee count at RideCo is 153.

Is RideCo a funded company?

RideCo is a funded company, having raised a total of $15.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 15, 2015.

When was the latest funding round of RideCo?

RideCo's latest funding was a $***** Series A round on Feb 17, 2022, with participation from 1 investor.

Where does RideCo rank among its competitors?

RideCo ranks 2nd amongst 97 active competitors, of which 21 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Fetii, which secured $7.35M in Feb, 2025.

Who are the top competitors of RideCo?

RideCo's top competitors include Via, Moovit and HopOn. Among them, Fetii secured the most recent funding round in February, 2025.

RideCo - 2026 Company Profile, Team, Funding & Competitors

RideCo is a series A company based in Waterloo (Canada), founded in 2012 by Prem Gururajan, Prem Gururajan, Matthew Monteyne and Steve Jurvetson. It operates as a Provider of on-demand transit software optimizing paratransit and microtransit service. RideCo has raised $15.9M in funding from Eclipse. The company has 97 active competitors, including 21 funded and 9 that have exited. Its top competitors include companies like Via, Moovit and HopOn.

Company Details

Provider of on-demand transit software optimizing paratransit and microtransit service. The software streamlines operations, improves service efficiency, and increases productivity. It offers solutions for eligibility, reservations, scheduling, and dispatching. The software also provides reporting for operational and business intelligence.

Website: rideco.com
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Key Metrics

Founded Year

2012

Location

Waterloo, Canada

Stage

Series A

Total Funding

$15.9M in 2 rounds

Latest Funding Round

Series A, Feb 17, 2022, $*****

Investors

Eclipse & 1 more

Ranked

2^nd among 97 active competitors

Employee Count

153 as on Aug 31, 2026

Similar Companies

Via & 34 more

View RideCo's full profile

RideCo has raised a total funding of $15.9M over 2 rounds. Its first funding round was on Jun 15, 2015. Its latest funding round was a Series A round on Feb 17, 2022 for $*****. 1 investor participated in its latest round. RideCo has 2 institutional investors.

Here is the list of recent funding rounds of RideCo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 17, 2022	3214422	Series A	3626730	4680946	1851071	2837601
Jun 15, 2015	7676902	Seed	3853817	5472558	9078503	Metrolinx

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View details of RideCo's funding rounds and investors

The founders of RideCo are Prem Gururajan, Prem Gururajan, Matthew Monteyne and Steve Jurvetson. Prem Gururajan, Steve Jurvetson and Jeffrey C Arndt are the CEOs of RideCo.

Here are the details of RideCo's key team members:

Prem Gururajan: Co-Founder & CEO of RideCo and founder of 1 other company. They serve on the boards of 2 companies.
Prem Gururajan: Co-Founder & CEO of RideCo and founder of 1 other company.
Matthew Monteyne: Co-Founder & COO of RideCo.
Steve Jurvetson: President & CEO of RideCo.

RideCo's Board of Directors

RideCo's board has 1 active member. Prem Gururajan is independent board member.

Here is the list of RideCo's board of directors:

Name	Type	Representing	Status	Duration
Prem Gururajan	Independent board member	-	Current	11y 4m

View details of RideCo's Founder profiles and Board Members

RideCo's employee count trend

RideCo has 153 employees as of Aug 26. Here is RideCo's employee count trend over the years:

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Top competitors of RideCo include Via, Moovit and HopOn. Here is the list of Top 10 competitors of RideCo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Via 2012, New York City (United States), Public	Developer of software platforms for managing public transit network operations	$1.25B	83NORTH, Pitango & 37 others	82/100
2nd	RideCo 2012, Waterloo (Canada), Series A	Provider of on-demand transit software optimizing paratransit and microtransit service	$15.9M	Eclipse, Metrolinx	68/100
3rd	Moovit 2012, Ness Ziona (Israel), Acquired	Developer of an AI-enabled platform offering mobility-as-service solutions for transit operators	$133M	Intel, Sound Ventures & 15 others	63/100
4th	HopOn 2013, Tel Aviv (Israel), Series B	Saas-enabled mobility-as-a-service & data collection solution for public transit operators	$10.7M	Moneta, Clear Future & 7 others	62/100
5th	Fetii 2008, Auburn (United States), Seed	App-based platform for booking shuttle services	$8.11M	Y Combinator, Goodwater Capital & 2 others	60/100
6th	Trafi 2013, Vilnius (Lithuania), Acquired	Provides consumer-facing mobility app & MaaS solution	$15M	Sumitomo, Octopus Ventures & 6 others	58/100
7th	Liftango 2015, Sydney (Australia), Series A	Provider of software for managing shared transport and mobility services	$28.9M	Maven Capital Partners, GUD & 24 others	55/100
8th	TransLoc 2004, Durham (United States), Acquired	Platform offering end-to-end software solutions for micro transit operators	$8M	SJF Ventures, Fontinalis Partners & 5 others	53/100
9th	MOQO 2016, Aachen (Germany), Seed	SaaS-based solution for enterprises to offer shared-mobility services	-	TechVision Fonds, DSA & 6 others	48/100
10th	SWAT 2015, Singapore (Singapore), Series B	Provider of AI-powered mobility solutions for employee transport management	$19.5M	UTEC, IGlobe Partners & 21 others	47/100