Ridecell Status
The company raised $60 million of Series B venture funding led by Cox Automotive on September 17, 2018 putting the company's pre-money valuation at $200 million. Andreessen Horowitz, Ally Financial, BNP Paribas, LG Technology Ventures, Munich Re/HSB Ventures, Sony Innovation Fund, Initialized Capital Management, Penske, Deutsche Bahn, Mitsui & Co, Hard Yaka, Maniv Mobility, Activate Capital and Georgia Tech VentureLab also participated in the round. The deal will enable the company to continue the development of its mobility and operations platform.
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