COMPANY PROFILE

RideCo

Cloud-based on-demand transit software for public transportation, enabling dynamic routing and microtransit solutions for municipal partners

Waterloo, CanadaFounded 2012Transportation

Valuation $50–100M Last recorded · 2022

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

Unlock exact values

About RideCo

RideCo is a company that provides on-demand transit software solutions to public transit agencies and municipalities. The company's main offering is a cloud-based platform that enables dynamic routing for paratransit and microtransit services, aiming to increase service convenience and coverage while lowering costs for transit providers.

By partnering with municipal transport infrastructure, RideCo's technology facilitates on-demand ridesharing for public transit riders. This approach allows for more flexible and efficient public transportation systems. The company's software is utilized by transit authorities in various cities, including among the largest in the United States such as Los Angeles Metro and Metropolitan Tulsa Transit Authority. The platform includes features for eligibility management, record tracking, and status monitoring for paratransit services.

The business model is centered on forming partnerships with public sector transit agencies and providing them with the necessary software to operate on-demand transportation services. This B2B approach positions RideCo as a key technology vendor in the public mobility sector.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2012
Headquarters: Waterloo, Canada
Employees: 147
Open positions: 4
Dealroom signal: 82.6/100
Industry: Transportation
Sector: Transportation, Automated Process
Client focus: b2b
Links: Website LinkedIn X

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Feb 2022	$16M	$63M	Eclipse Ventures	↗
SEEDEquity / VC	Feb 2020	$3M	$12M	Undisclosed	—

Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

RideCo website traffic

Latest recorded traffic for RideCo is 120K monthly website visits, up 9.1% over the last three months. RideCo's team grew 14.8% over the past year.

Latest monthly visits120K 3-month web change+9.1% 1-year team growth+14.8%

Monthly website visitsJun 2020–Jul 2026

Explore monthly traffic historyTrack growth over time and compare with peersBook a demo

Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom

Business Data AnalystWaterloo, Ontario, Canada, Northern America, Americas · Business Intelligence · Aug 23, 2026 Full Stack Software EngineerWaterloo, Ontario, Canada · Full-Stack Development · Jul 24, 2026 Senior Full Stack Software EngineerWaterloo, Ontario, Canada, Northern America, Americas · Full-Stack Development · Jul 19, 2026 Information Systems Security ManagerWaterloo, Ontario, Canada · Backend Development · Jun 18, 2026

4 distinct openings shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
ATAgTerra TechnologiesData collection and mapping services	Sheridan, United States	Operational	11	—	—
WTWhalehouse TechnologyA Shenzhen-based automated warehouse solutions provider	Shenzhen, China	Operational
EAEclipse AutomationLeading supplier of custom automated manufacturing equipment	Cambridge, Canada	Acquired
CECanadian Automated Vehicles Centre of ExcellenceCAVCOE is dedicated to helping private and public sector stakeholders prepare for the arrival of automated vehicles	Ottawa, Canada	Operational
FRFreightwallaInternational forwarder thats helps you manage supply chain by providing online tools including instant quotations	Mumbai, India	Operational
ISIsotrakGPS-based fleet and transport management solutions	Northampton, United Kingdom	Acquired
CICimaSystemsProvider of automated customer interaction tool for the automotive industry in the united states	Pleasanton, United States	Operational
SRShare a RefundShare a Refund is shipment auditing SaaS that saves businesses time and money on shipping Performance-based All upside for your business	Houston, United States	Operational