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How Ridecell CEO Aarjay Triveedi grew Ridecell to $31.5M revenue and 20 customers in 2024.

Provider of a ride sharing platform intended to empower new mobility operators to launch their own car sharing services. The company's platform helps car rental companies, cities, transit agencies, dealer groups and private fleets to launch, expand and maximize the utilization of their own ride sharing and car sharing services, enabling them to scale and grow their businesses.

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Ridecell Revenue

In 2024, Ridecell's revenue reached $31.5M. The company previously reported $29.7M in 2024. Since its launch in 2008, Ridecell has shown consistent revenue growth.

Ridecell Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M200820102012201420162018202020222024$0$15M$32MSource: GetLatka.com
YearMilestone
2024Ridecell Hit $31.5m revenue in November 2024
2024Ridecell Hit $29.7m revenue in October 2024
2023Ridecell Hit $21.5m revenue in December 2023
2021Ridecell Hit $15.4m revenue in April 2021
2008Launched with $0 revenue

Ridecell Valuation, Funding Rounds

Ridecell has not publicly disclosed its valuation. The company has raised $134.7M in total funding to date.

Ridecell has raised $134.7M in total funding across 6 rounds, with its most recent round in 2020.

Ridecell Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$30M$60M$90M$120M$150M20082010201220142016201820202008 cumulative: $0 • 2008 Founded: $02012 cumulative: $6M • 2008 Founded: $0 • 2012 Funding round: $6M2015 cumulative: $21M • 2008 Founded: $0 • 2012 Funding round: $6M • 2015 Funding round: $16M2016 cumulative: $33M • 2008 Founded: $0 • 2012 Funding round: $6M • 2015 Funding round: $16M • 2016 Funding round: $12M2018 cumulative: $62M • 2008 Founded: $0 • 2012 Funding round: $6M • 2015 Funding round: $16M • 2016 Funding round: $12M • 2018 Funding round: $29M2018 cumulative: $90M • 2008 Founded: $0 • 2012 Funding round: $6M • 2015 Funding round: $16M • 2016 Funding round: $12M • 2018 Funding round: $29M • 2018 Funding round: $28M2020 cumulative: $135M • 2008 Founded: $0 • 2012 Funding round: $6M • 2015 Funding round: $16M • 2016 Funding round: $12M • 2018 Funding round: $29M • 2018 Funding round: $28M • 2020 Funding round: $45M$135M2008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Funding round$45M--
2018Funding round$28M--
2018Funding round$28.6M--
2016Funding round$11.7M--
2015Funding round$15.9M--
2012Funding round$5.5M--

Ridecell Employees & Team Size

Ridecell employs approximately 236 people as of 2026, up from 228 in 2023.

Ridecell has 236 total employees in different roles and functions. They have 20 customers that rely on the company's solutions.

Ridecell Team GrowthReported headcount over time06012018024030020082010201220142016201820202022202400236236Source: GetLatka.com
YearMilestone
2024Reached 236 employees (December 2024)
2024Reached 228 employees (October 2024)
2023Reached 228 employees (December 2023)
2022Reached 243 employees (December 2022)
2021Reached 197 employees (December 2021)
2021Reached 199 employees (April 2021)

Founder / CEO

Aarjay Triveedi

Aarjav is the founder and CEO of RideCell. Before RideCell, Aarjav worked in engineering at SpiDynamics (Acquired by HP) and as a research engineer at CipherTrust and Secure Computing (Acquired by McAfee) where he helped invent and ship security systems used by over 40% of the Fortune 500 as well as the Pentagon. Aarjav has a Masters degree inComputer Science from Georgia Tech and a Bachelors in in Computer Science from University of Mumbai.

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Frequently Asked Questions about Ridecell

What is Ridecell's revenue?

Ridecell generates $31.5M in revenue.

Who founded Ridecell?

Ridecell was founded by Aarjay Triveedi.

Who is the CEO of Ridecell?

The CEO of Ridecell is Aarjay Triveedi.

How much funding does Ridecell have?

Ridecell raised $134.7M.

How many employees does Ridecell have?

Ridecell has 236 employees.

Where is Ridecell headquarters?

Ridecell is headquartered in San Francisco, California, United States.

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Compare Ridecell to the industry

Ridecell operates across multiple industries. Browse revenue, funding, and growth data for Ridecell in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Ridecell Revenue 2024: $31.5M ARR, $134.7M Raised