RidePal provides managed commute-bus solutions for corporate employees. With RidePal, commuters enjoy a swift, comfortable, relaxing and productive ride to work, and companies provide a valuable employee benefit, reduce their carbon footprint, and extend their recruiting range. RidePal's solution imposes minimal management overhead on companies, yet feels like an in-house solution to its riders, all for a fraction of the cost of driving or of operating an entire fleet of buses. Large companies with an existing bus service can also reduce their overhead and cut costs by having RidePal manage their program. RidePal was founded in 2011 and is based in San Francisco.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
09/26/13 | $3,200,000 | Series A |
Claremont Creek Ventures Volvo Group Venture Capital | undisclosed |