How Much Did DuRide Raise?
Funding & Key Investors

DuRide, a specialized non-profit transportation service for seniors, has secured $19K in total investment, with its most recent financing round bringing in $19K. This capital infusion, dated March 10, 2021, was a debt financing of $19 million from PPP, indicating a strategic move to bolster its operational capacity during a critical growth phase.

What is DuRide?

DuRide
TransportationRail, Bus & TaxiNon-Profit & Charitable Organizations

DuRide operates as a vital local non-profit, dedicated to providing safe, personalized, and reliable transportation solutions for seniors who are no longer able to drive. The service offers private car assistance 365 days a year, with a focus on door-through-door support to help seniors with mobility challenges, such as navigating steps and carrying packages. This commitment to enhancing independence and community connection is available to individuals aged 65 and older in Dubuque, Asbury, and East Dubuque, with options for family members to manage accounts.

How much funding has DuRide raised?

DuRide has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

What's next for DuRide?

Positioned within a Series A/B growth stage, DuRide's recent debt financing suggests a focus on scaling its operational infrastructure and expanding its service reach. The company's strategic objective is likely to enhance its fleet, optimize routing efficiency, and potentially broaden its service area to meet the growing demand for senior mobility solutions. Continued investment in this sector is crucial for DuRide to maintain its role as a key enabler of independent living for the elderly population.

See full DuRide company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportation
Airlines, Airports & Air ServicesTransportationConsumer ServicesPhotography Studio
TransportationTrucking, Moving & StorageConsumer ServicesAutomotive Service & Collision Repair
Freight & Logistics ServicesTransportationTrucking, Moving & Storage

Frequently Asked Questions Regarding DuRide Financial Insights

What are the most recent funding rounds that DuRide has completed, and what were the funding rounds?
DuRide has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding DuRide has raised to date?
DuRide has raised a total of $19K in funding to date.
How many funding rounds has DuRide completed?
DuRide has completed 1 funding rounds.
How much funding did DuRide raise in its most recent funding round?
DuRide raised $19K in its most recent funding round.
Who are the lead investors in DuRide's latest funding round?
The lead investor in DuRide's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DuRide's history?
The largest funding round in DuRide's history was $19K.
See more information about DuRide