What is RideCharge?
Curb, formerly known as RideCharge and Taxi Magic, represents a foundational player in the mobile ride-hailing ecosystem. The company provides a comprehensive software platform that integrates mobile application technology with existing taxi fleets, effectively modernizing the ground transportation experience for both business and leisure travelers. With a footprint spanning 60 US cities and a network comprising 35,000 taxis, Curb distinguishes itself through its focus on professional, regulated drivers and its proprietary Passenger Information Monitor (PIM) technology. This hardware-software synergy facilitates seamless credit card payments and entertainment, positioning the company as a critical infrastructure provider for urban mobility. By addressing the specific pain points of the taxi industry, Curb has successfully transitioned from a niche expense management tool into a top-tier travel application, maintaining a strong market presence against newer, ride-sharing entrants.
How much funding has RideCharge raised?
RideCharge has raised a total of $10.7M across 3 funding rounds:
Series A
$4M
Series B
$4.6M
Private Equity
$2.1M
Series A (2008): $4M, investors not publicly disclosed
Series B (2009): $4.6M led by Concur Technologies
Private Equity (2014): $2.1M, investors not publicly disclosed
Key Investors in RideCharge
Concur Technologies
SAP Concur is a global provider of enterprise resource planning software specializing in on-demand employee spend management solutions. The company offers a comprehensive suite of products including travel and expense management, vendor payment systems, and travel management tools.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for RideCharge?
Looking ahead, the strategic deployment of the $2.1M capital is expected to further fortify Curb's competitive moat within the enterprise and consumer travel segments. Given the company's established history of integrating with corporate travel management systems, future growth will likely focus on deepening its technological integration with global travel platforms and expanding its PIM network. As the urban mobility market continues to consolidate, Curb is well-positioned to leverage its existing fleet partnerships to offer enhanced, data-driven ride experiences. The company's focus remains on optimizing the curb-to-curb journey, ensuring that its platform remains the preferred choice for professional ground transportation in an increasingly digitized global economy.
See full RideCharge company page
