Joyride, a shared mobility platform provider based in Toronto, Canada, has raised $5.2 million in Series A funding.
Yamaha Motors was leading the round.
The money will be used by the business to develop its proprietary technology, which facilitates shared mobility fleets in midsize and corporate sectors, and to broaden its capabilities to Original Equipment Manufacturers (OEMs).
Under the direction of CEO and President Mike Chrzanowski, Joyride offers a suite of solutions, including a branded user application, backend management tracking software, and automated operational tools, that streamline fleet management and IoT connectivity for organizations.
Since 2014, the firm has been a leader in mobility software, enabling the deployment of connected electric vehicles in over 250 global markets, ranging from minicars and golf cars to e-scooters and e-bikes.
About Joyride
Joyride’s software platform brings intelligently connected vehicles to life, making sustainable mobility instantly keyless, connected, shareable and trackable. Since 2014, thousands of electric vehicles in 250+ markets have been powered by Joyride’s management platform through a branded user app, field operations apps, backend fleet management system, IoT vehicle integrations, long-term delivery rentals and more. From vehicle selection/financing to online Joyride Academy masterclasses through to 24/7 fleet management support, Joyride’s next-generation platform provides all the tools needed to operate a global shared mobility network, because it’s in all of our best interests to make roads more accessible, sustainable and ready for the future.
