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Public Transport Is Often Too Expensive Or Inaccessible. Ridetandem Raises £2.3 Million To Bus You To Work

PRIVATEJul 12, 2023

Amount Raised

£2.3 Million

Round Type

Seed

Travel

Investors

Softbank Vision FundLow Carbon Innovation FundAscension1818 Venture CapitalRainmaking ImpactFirst Monday VcBlackfinch Ventures

Description

Public transport is broken outside of big cities in many parts of Europe and the UK. It's expensive, unreliable and not available when people need it. Too often, passengers are left with two choices - car ownership or not going to work.

Quick answer

RideTandem raised £2.3 Million in a Seed round, dated July 12, 2023. Investors: Softbank Vision Fund, Low Carbon Innovation Fund, Ascension, 1818 Venture Capital, Rainmaking Impact, First Monday Vc and Blackfinch Ventures.

How much did RideTandem raise?
RideTandem raised £2.3 Million in a Seed round on July 12, 2023.
Who invested in RideTandem?
Softbank Vision Fund, Low Carbon Innovation Fund, Ascension, 1818 Venture Capital, Rainmaking Impact, First Monday Vc and Blackfinch Ventures are named as investors in this round.
What does RideTandem do?
We partner with employers and organisations to enable their people to commute cost-effectively, reliably, and sustainably.
Who are the decision-makers at RideTandem?
Fundz holds 1 contact at RideTandem. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Travel around the same time

Companies in the same sectors as RideTandem that raised within 45 days of this round, from Fundz verified event records.

  • Goodwings raised $1.5M (Seed) on August 21, 2023.
  • Atmosfy raised $12M (Funding Round) on August 9, 2023.
  • BizAway raised $11M on July 24, 2023.
  • Volato Group raised $16M on July 21, 2023.
  • Hoop Carpool raised $1.3M (Seed) on July 11, 2023.
  • Go Rentals raised an undisclosed amount on July 10, 2023.

Who to call at RideTandem, and when

A new round usually means RideTandem is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day RideTandem raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at RideTandem, from your own LinkedIn network

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Company Information

Company

RideTandem

About

We partner with employers and organisations to enable their people to commute cost-effectively, reliably, and sustainably. Our technology turns the best local taxis, minibuses and coaches into smart, shared shuttles to create low-cost, sustainable ways to get people to employment and educational opportunities. Backed by Ascension Ventures, 1818, Sustainable Ventures, IC Global, Zinc VC, the Foundation for Integrated Transport and the European Space Agency. Serving clients including Lidl, Next, Reed and Royal Mail.

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Fundz sees it the moment RideTandem raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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RideTandem raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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