Dollaride is a mobility startup focused on providing transportation solutions for communities with limited access to public transit. Founded in 2018 and headquartered in the United States, the company aims to address this gap through clean transportation projects, community partnerships, mobility software, and financial services geared towards increasing clean energy adoption in frontline communities. The inspiration for Dollaride came from the commuter van network in NYC, known as "dollar vans," which currently serves over 120,000 New Yorkers daily. The startup's platform connects fleet owners, drivers, and passengers, bringing digital innovation to NYC's informal transit network. Dollaride has attracted significant attention from investors, with its latest $500.00K convertible note investment coming from Elemental Excelerator, a notable participant in the cleantech and mobility space. This backing, in addition to support from venture capital firms, government agencies, and community partners, positions Dollaride to pave the way for a more sustainable and inclusive transportation infrastructure.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $500.00K | 1 | 24 Apr 2023 | |
Grant | $10.00M | 1 | 17 Nov 2022 | |
Pre Seed Round | $1.10M | 8 | Sorenson Impact Foundation, Everywhere Ventures (The Fund) +1 | 28 Jul 2021 |
Venture Round | Unknown | 1 | 01 Nov 2020 | |
Equity Crowdfunding | $417.00K | 1 | 06 Jul 2020 |
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