Ridery
Ridery is a Caracas, Venezuela-based ride-hailing platform founded in 2021 that operates a single mobile app connecting urban commuters with driver-partners and earns revenue via transaction fees on completed rides.
- Company typePrivate
- Founded2021
- HeadquartersCaracas, Venezuela
- Headcount501–1,000
- GTM typeB2C
- OfferingDigital Commerce or Content
Ridery firmographics
Firmographics- Name
- Ridery
- Website
- https://ridery.app
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Ridery is a Caracas, Venezuela-based ride-hailing platform founded in 2021 that operates a single mobile app connecting urban commuters with driver-partners and earns revenue via transaction fees on completed rides.
- Ownership category
- akta.pro rank
Ridery industry classification
Industry- Product category
- Ride-hailing and Urban Mobility
- NAICS
- Taxi and Ridesharing Services (485310), Taxi and Ridesharing Services (48531)
- SIC
- Transportation Services (4700), Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)
- akta.pro primary industry
- On-Demand Ride-Hailing Aggregators (Multi-Sided TNC Marketplaces) (TLAFAIAA)
- akta.pro secondary industry
- Ride-Hailing & Taxi Aggregation Platforms (BPAMAIAE)
Keywords
Where Ridery is headquartered
LocationHeadquarters
- HQ city
- Caracas
- HQ country
- Venezuela
- HQ region
- Latin America
Markets served
Ridery business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- Mobility services: As a mobility application, Ridery likely generates revenue through mobility/transportation services. Specific revenue mechanics are not disclosed in the available source.
Go-to-market motion1 record
Distribution channels1 record
Ridery product offering
Product offeringCore offering
Ridery operates a mobile ride-hailing platform that connects urban commuters with a network of driver-partners to provide on-demand city transportation. Users request rides through the Ridery smartphone application, and drivers fulfill the trips; the company generates revenue from transaction fees on completed rides.
Differentiator
Problem solved
Functional benefit
Products and services
- Ridery Ride-Hailing App A mobile ride-hailing application that allows urban commuters in Caracas to request and pay for on-demand transportation services provided by a network of independent driver-partners.
Companies that use Ridery
Customer profileSegments1 record
Ideal customer profiles2 records
Ridery technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ridery competitors and assessment
Company assessmentBroad incumbents
- FreeNow: FreeNow is a multi-mobility platform aggregating taxis, ride-hailing, and other urban transport across Europe and LatAm. It is a broad-incumbent peer given its overlapping mobile-app marketplace model for on-demand passenger transport.
- Bolt: Bolt is a European-headquartered ride-hailing and micromobility platform with expanding global reach. It is comparable as a broader TNC incumbent with a mobile-app marketplace serving urban commuters.
- Lyft: Lyft is a large North American ride-hailing incumbent operating a multi-sided TNC marketplace via a mobile app. It is a broad-incumbent comparable to Ridery in business model and rider/driver dynamics, though geographically separate.
Emerging players
- Picap: Picap is a LatAm-focused mobility platform operating two-wheeler and car ride-hailing services across multiple Latin American countries. It is comparable to Ridery in category (TNC marketplace) and in targeting emerging-market urban commuters.
- 99 (by DiDi): 99 is a Brazilian ride-hailing app owned by DiDi, serving urban commuters through a multi-sided TNC marketplace on mobile. It is comparable to Ridery in business model and target user, though focused on Brazil rather than Venezuela.
- Yummy: Yummy is a Venezuelan super-app that originated in delivery and has expanded into mobility and other on-demand services. It is a relevant domestic peer because it competes for the same Venezuelan urban rider/driver pool and uses a similar mobile-app marketplace model.
Direct peers
- Uber: Uber is the global benchmark ride-hailing platform operating a multi-sided TNC marketplace with drivers and riders transacting via a mobile app — directly comparable to Ridery's business model, only at vastly greater scale.
- DiDi: DiDi operates one of the world's largest ride-hailing marketplaces, with a heavy LatAm and emerging-market footprint. It competes head-on with Ridery on multi-sided TNC mechanics and mobile-app-based mobility services.
- inDrive: inDrive is a ride-hailing platform that has expanded aggressively across Latin America and other emerging markets, with a reverse-auction pricing model. It is a directly comparable TNC peer to Ridery in the LatAm urban mobility category.
Regional players
- Cabify: Cabify is a Spanish-origin ride-hailing platform with a strong Latin America presence. It is a comparable multi-sided TNC marketplace serving similar urban commuter use cases to Ridery, though it does not currently serve Venezuela.
Market position
Customer concentration
Ridery social profiles
Digital presenceRidery financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ridery leadership team
Management profileNumber of profiles
Profiles2 records
Ridery funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ridery M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ridery
What does Ridery do?
Ridery operates a mobile ride-hailing platform that connects urban commuters with a network of driver-partners to provide on-demand city transportation. Users request rides through the Ridery smartphone application, and drivers fulfill the trips; the company generates revenue from transaction fees on completed rides.
When was Ridery founded?
Ridery was founded in 2021. It employs 501 to 1,000 people.
Where is Ridery based?
Ridery is headquartered in Caracas, Venezuela, in the Latin America region.
How does Ridery make money?
One revenue line is on record: mobility services.
Who are Ridery's main competitors?
Broad incumbents on record are FreeNow, Bolt and Lyft. Emerging players are Picap, 99 (by DiDi) and Yummy. Direct peers are Uber, DiDi and inDrive. Cabify is listed as a regional player.
Does Ridery have an API?
No public API is recorded for Ridery.
What industry is Ridery in?
Ridery's product category is Ride-hailing and Urban Mobility. Its primary akta.pro industry code is TLAFAIAA, On-Demand Ride-Hailing Aggregators (Multi-Sided TNC Marketplaces), with a secondary code of BPAMAIAE, Ride-Hailing & Taxi Aggregation Platforms. Its NAICS code is 485310 and its SIC code is 4700.