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Joyride
Micromobility software provider
- 21-100 employees
- B2B
- Mobility
- Electric Vehicles
- SaaS
- CityPlace, Toronto, ON
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Company mission
To provide all the necessary tools to launch and grow a profitable micro-mobility company.
5% employee growth in 12 months
Our take
Micro-mobility platforms facilitating the rental of electric vehicles in urban areas have risen greatly in recent years, and the popularity of such services combined with efforts to reduce carbon footprints demonstrates the industry’s potential to grow further. However, operating the software infrastructure and hardware fleets required to run such a business is expensive, complicated, and inaccessible to most small businesses.
Joyride provides software, IoT connectivity, and insurance access for micro-mobility companies, ultimately helping new companies to start up and compete with existing micro-mobility giants. The company's software features can be tailored to each client's specific fleet and branding, in addition to providing electric scooters, bikes, e-bikes, mopeds, and smart locks.
Joyride stands out by allowing companies to use its services under their own brand, as opposed to offering a service themselves. The company is also smartly encouraging clients to tap into thriving markets such as sharing models for campuses, residential complexes, and hotels, further setting itself aside from the crowd.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Conferences reimbursement
- Paid time off
- Stock Options
- Health insurance
- Dental insurance
Company values
- Safety and sustainability - improving our surroundings starts at ground level with proper helmet use, speed limits, and geo-fencing regulations. Scooters produce about 1% of the carbon emissions of a standard car, and we’re on our way to bettering city life by partnering with only the most efficient and environmentally-friendly vehicles on the road
- A fair, competitive marketplace - micromobility is local first and won’t be dictated by one or two companies. Anyone with the drive to launch and grow a mobility business should have the same sophisticated software as billion-dollar players
- Transparency - our operators and channel partners require reliable, up-to-the-minute insights in order to uphold their business and legal mandates, while also providing cities with accurate data
- Innovating for the future - we support businesses through improving our own, which is why we’re constantly introducing new features and integrating with like-minded micromobility platforms
Funding (last 2 of 4 rounds)
Mar 2024
$5.2m
SERIES A
Jun 2021
$3.7m
SEED
Total funding: $10m
Leadership
Vince Cifani
(CEO)Graduated with an M.Ed. in Policy Studies from Western University. Experience as eLearning Specialist at Dayforce.