Rally OurBus
Rally OurBus is a mass mobility-as-a-service startup that has revolutionized the bus industry by creating a platform that aggregates like-minded individuals for thousands of bus trips across 40 states and provinces. Through their "bus rideshare" concept, the company has successfully crowdsourced bus stops and crowdfunded buses to generate on-demand trips for events ranging from weddings to music festivals.
Founded in 2015 and headquartered in the United States, Rally OurBus has united with their sister company, OurBus, to become the leading technology company for mass mobility in the United States. Their innovative approach has led to the conversion of billions of dollars spent on cars to shared buses, unlocking the industry's idle vehicle capacity, which amounts to a lost opportunity of $5B annually in the US alone and an estimated $35B globally.
The company has made a significant impact on the private bus industry, empowering over 3,000 small businesses and affecting the private bus industry's 700M annual passenger trips. Their recent Convertible Note investment at 08 June 2021 from Alpana Ventures, Asymmetry Ventures signifies the potential growth and investor confidence in their disruptive model.
With a focus on customer-centric policies, high-quality operators, and a technology-oriented approach, Rally OurBus has created new consumer brands in busing for the sharing economy. Their platform not only allows individuals to crowdfund bus travel at rally.co but also provides the convenience of booking scheduled intercity rides at ourbus.com.
Overall, with their SaaS infrastructure and business model innovations, Rally OurBus is set to continue driving positive change in the mass mobility sector while offering a promising investment opportunity for potential investors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | Unknown | 2 | 08 Jun 2021 | |
Venture Round | Unknown | 2 | 01 May 2021 | |
Convertible Note | $500.00K | 1 | 01 Feb 2020 | |
Seed Round | $4.00M | 5 | Nico Rosberg, John Fontein | 17 Dec 2019 |
Seed Round | Unknown | 2 | 17 Apr 2019 |