RideCell, the leading provider of software to power mobility-as-a-service (MaaS), including car-sharing, ride-sharing, fixed-route, and dynamic transit services, has raised $11.7 million in a Series A round led by BMW i Ventures with the participation of Khosla Ventures and angel investors, including Mark Platshon and Michael Granoff of Maniv Investments, Gokul Rajaram, Mehul Nariyawala and Navneet Dalal. The investment will help the company solidify its leadership in the MaaS space and will be used to grow RideCell's distinguished client roster, which already includes leading companies like 3M, top transit agencies like the Santa Clara VTA in Silicon Valley, and multi-city mobility providers like BMW. The funding will also help RideCell grow its core engineering, data science, product, marketing, and sales teams.


About RideCell
RideCell is the leading provider of software to power mobility-as-a-service (MaaS), including car-sharing, ride-sharing, fixed-route and dynamic transit services. The 'Global Call for Transit Innovators' award winner is helping customers reimagine and re-architect transportation in cities, communities and campuses around the world.

RideCell's unique differentiator is 'autonomous fleet operations;': technology that automates end-to-end business operations from consumer apps to the day-to-day fleet management, demand and supply analytics, marketing, CRM and payments. Its mobility software platform automates some of the hardest operational tasks in running a transportation system enabling cities, campuses and multi-city mobility providers to launch on-demand, car-sharing and fixed-route services in weeks and optimize and scale them without human intervention. In addition to mobility providers such as BMW, RideCell's clients include transit agencies such as Santa Clara VTA in Silicon Valley, companies such as 3M, universities such as UC Berkeley, hospitals such as UCSF.