Riders Share is a leading motorcycle sharing company, offering a platform for street legal motorcycle rentals. The company operates as an online marketplace, connecting renters with motorcycle owners in the same neighborhood, providing an alternative to traditional rental companies and savings for users.
Founded in 2016, Riders Share has made significant strides in the Insurtech, Internet, Marketplaces, Real Estate, and Automotive industries. With headquarters in the United States, the company recently secured a $2.00M Series A investment on July 01, 2020, with LiveOak Ventures as the lead investor.
Riders Share's unique approach involves screening prospective renters and facilitating insurance, ensuring a trustworthy transaction for both parties involved. Through their innovative business model, the company has successfully integrated motorcycles into the sharing economy, offering a source of additional income for motorcycle owners and a convenient and cost-effective rental solution for enthusiasts. Riders Share's commitment to fostering a secure and efficient rental process sets them apart in the burgeoning sharing economy landscape. With the support of LiveOak Ventures, the company is well-positioned to further expand its market presence and continue revolutionizing the motorcycle rental industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $2.00M | 1 | LiveOak Ventures | 01 Jul 2020 |
Seed Round | $620.00K | 2 | Edgebrook Partners | 01 May 2019 |
Seed Round | $300.00K | 3 | Keith Kyser, Edgebrook Partners | 03 Oct 2018 |
Seed Round | $20.00K | 1 | 10 Jun 2018 | |
Angel Round | $20.00K | - | 01 Aug 2017 |
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