Riders Share Raises $2M in Series A Funding
Summary
The round was led by LiveOak Venture Partners of Austin, Texas. The company intends to use the funds for the acceleration of product development and to scale up customer service and marketing. The company leverages machine learning to screen and vet riders before allowing them to rent on the platform. The company has now served over 10,000 unique customers and listed over 10,000 motorcycles for rent on its platform. Riders Share has also added Jose Valera, former Moovel CEO, as Head of Operations.
Funding
Amount
$2.3M
Total raised
Date
July 1, 2020
Announcement date
Investors
LiveOak Venture Partners
Lead investors
Company
http://www.riders-share.com
Funded company
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