Ridero has raised $2.7 million in pre-seed funding to enhance vehicle financing through AI. The round was backed by RiverPark Ventures and others to accelerate affordability solutions.
Amount Raised
$2.7 Million
Round Type
Pre-Seed
New YorkSoftwareArtificial IntelligenceInvestors
Description
Ridero, an AI-driven automotive financial infrastructure company, has announced a $2.7 million pre-seed funding round. This funding will enable Ridero to tackle vehicle affordability issues by empowering financial institutions with flexible financing options. Backed by notable investors like RiverPark Ventures and others, Ridero aims to expand access to alternatives for traditional auto loans. The company's technology is already operational in various dealerships across the U.S.
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