Joyride raised $5.2M in a Series A funding led by Yamaha Motors to expand its offerings to Original Equipment Manufacturers (OEMs) and to advance its proprietary technology supporting shared mobility fleets.
Mar 13, 2024•over 1 year ago
Amount Raised
$5.2 Million
Round Type
series a
Investors
Yamaha Motors
Description
Joyride, a Toronto, Canada-based provider of a shared mobility platform, raised $5.2M in Series A funding led by Yamaha Motors. The company intends to use the funds to expand its offerings to Original Equipment Manufacturers (OEMs) and to advance its proprietary technology, which supports shared mobility fleets in midsize and enterprise markets.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers