RidePal

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RidePal
IndustryService
Founded2011
HeadquartersSan Francisco, California
Key peopleNathalie Criou, co-founder, CEO
Mark Melville, co-founder, CTO
ProductsCommute bus services
Websitewww.ridepal.com
 
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RidePal
IndustryService
Founded2011
HeadquartersSan Francisco, California
Key peopleNathalie Criou, co-founder, CEO
Mark Melville, co-founder, CTO
ProductsCommute bus services
Websitewww.ridepal.com

RidePal provides commute bus services for companies and individuals in the San Francisco Bay Area. RidePal works on a collaborative consumption model for buses,[1] with route planning based on riders' votes.[2]

The genesis for RidePal came from CEO Nathalie Criou's experience commuting from San Francisco to her job at Google in Mountain View on Google-provided buses, then losing access to the bus service when she moved to another job.[3]

The cleantech business incubator Greenstart selected RidePal as one of 5 companies out of 152 applicants for its second accelerator program in February 2012.[4][5] In August 2012 RidePal closed a seed investment round of $500,000.[6] Investors included Jeff Clarke, 500 Startups and Lisa Gansky.[7]

In August 2012 RidePal added four new routes to its network.[8]

The Mayor of Palo Alto, Greg Scharff, said at the September 2013 launch of RidePal's service to Palo Alto from San Francisco: "This service takes cars off the road and allows for more growth. You're allowing Silicon Valley to grow - thanks for that".[9]

In September 2013 RidePal announced Series A funding of $3.2m led by Nat Goldhaber of Claremont Creek Ventures and Volvo Venture Capital Group, and stated that they have over 30 customers including Intuit, Groupon and Clinovo[10][11]

References[edit]

  1. ^ Garthwaite, Josie. RidePal to Help Bay Area Residents Commute Like Google Employees. New York Times. March 1st, 2012
  2. ^ Covington, Phil. No Company Commuter Shuttle? Bay Area’s RidePal Has The Answer. Triple Pundit September 21st, 2012
  3. ^ Nathalie Criou, Ridepal, Woman Entrepreneur GothamGal October 15th, 2012
  4. ^ Fehrenbacher, Katie. Amidst Hard Times for Greentech, Digital Green Startups Emerge. GigaOM. May 2nd, 2012
  5. ^ Nathalie Criou’s RidePal is in Greenstart’s Chosen 5. WowElle. February 16th, 2012
  6. ^ Perez, Sarah. RidePal, The “Google Bus For The Rest Of Us,” Scores $500K From 500 Startups & Others, TechCrunch. September 10th, 2012
  7. ^ Gansky, Lisa. Post by Lisa Gansky on AngelList. AngelList, September 2012
  8. ^ Jerphagnon, Olivier. RidePal tunes its story and expands green “perk” to companies in Silicon Valley. Green Frog. August 22nd, 2012
  9. ^ Around Town - Peace in a Pod. Palo Alto Weekly. September 13th, 2013
  10. ^ RidePal Announces a $3.2M Series A Round Led by Claremont Creek Ventures and Volvo Group Venture Capital. Wall Street Journal MarketWatch. September 26th, 2013
  11. ^ Roush, Wade. RidePal and the Private Bus Wars: Q&A with Founder Nathalie Criou. Xconomy. December 8th, 2013