What is SmartRyde?
Founded in 2017 and headquartered in Hiroshima, Japan, SmartRyde operates a marketplace that facilitates pre-booked airport transfer services to airports worldwide. The company aims to provide reasonable, safe, and reliable airport transfer solutions, catering to a global clientele seeking convenient ground transportation solutions upon arrival or departure from airports.
How much funding has SmartRyde raised?
SmartRyde has raised a total of $5.5M across 2 funding rounds:
Angel/Seed
$646K
Series A
$4.9M
Angel/Seed (2018): $646K with participation from Angel Bridge
Series A (2023): $4.9M led by Angel Bridge, Yamaguchi Capital, Inventum Ventures, and Sg Incubate
Key Investors in SmartRyde
Angel Bridge
Angel Bridge is an investor that has participated in multiple funding rounds for SmartRyde, indicating a sustained belief in the company's potential and market strategy.
Yamaguchi Capital
Yamaguchi Capital (YMFG Capital) is an investment company focused on regional development through equity investments, supporting startups and local enterprises with capital and business expertise.
Sg Incubate
SG Incubate, part of the Saibu Gas Group, supports startup businesses to foster growth and stimulate new markets, aiming to build a better future through collaboration with innovative enterprises.
What's next for SmartRyde?
The recent major strategic investment signifies a pivotal moment for SmartRyde, likely enabling the company to accelerate its expansion into new markets, enhance its technological infrastructure, and broaden its service offerings. This infusion of capital is expected to fuel further growth and solidify its competitive advantage in the pre-booked airport transfer industry, positioning it for sustained enterprise-level development.
See full SmartRyde company page
