Dollaride

Mobility for communities underserved by public transit.

General Information
Company Name
Dollaride
Founded Year
2018
Location (Offices)
Brooklyn, United States +1
Founders / Decision Makers
Number of Employees
13
Industries
Information Technology, Platforms, Transportation
Funding Stage
Convertible Note
Social Media

Dollaride - Company Profile

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.

Taxonomy: transportation technology, ride-sharing platform, commuter vans, transit deserts, underserved communities, public transit, mobility solutions, innovative transportation, ride-hailing, digital platform, urban mobility, private transportation, community transit, public transportation access, New York City transit

Funding Rounds & Investors of Dollaride (6)

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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

View All 6 Funding Rounds

Latest News of Dollaride

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No recent news or press coverage available for Dollaride.

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