inDriver is the world&s;s fastest-growing ride-hailing service.
Business Model: B2C
Revenue: $0
Employees: 1,001-5,000
Address:
City: Mountain View
State: California
Zip:
Country: United States
inDriver is a global IT company headquartered in Mountain View, CA. inDriver’s ride-hailing app is one of the top-three ride-sharing and taxi apps worldwide by downloads, according to the Sensor Tower report. inDriver&s;s user base exceeds 100 million users in over 645 cities in 45 countries. inDriver is committed to promoting fairness and equity in its markets. Its model allows users to get the best deals on rides and other mobility services. inDriver&s;s proposition is that passengers determine the price of the trip rather than algorithms. The passenger inputs the amount he or she is willing to pay for the trip, while nearby drivers can choose to accept or ignore the request, or offer a different price. inDriver’s app also offers intercity, cargo and freight, as well as delivery services. inDriver started as a response to a cartel of taxis in the northern city of Yakutsk doubling their fares when temperatures fell to freezing levels. Locals set up an Independent Drivers community through a social network, where people posted ride requests and input the price they were willing to pay. Drivers then picked up the requests. The group was soon replaced by a stand-alone app called inDriver, which operated on the same principle. In 2012, inDriver launched BeginIT, a social education project aimed at providing career guidance in the field of new technologies to talented children from orphanages, boarding and rural schools. As of 2022, the project operates in 12 countries around the world. Participating youths receive a free one-year distance learning course in programming basics. Participating schools are provided with assistance in equipping computer classrooms and programming clubs. inDriver also frequently arranges tours and master classes for schoolchildren in company offices.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2017 | Series A | 1 | $5M |
LETA Capital LETA Capital LETA Capital LETA Capital |
1/2020 | Series B | 1 | $72M |
Bond Bond Bond Bond |
8/2018 | Series B | 1 | $10M |
LETA Capital LETA Capital LETA Capital LETA Capital |
2/2021 | Series C | 3 | $150M |
General Catalyst Insight Partners Bond Insight Partners General Catalyst Insight Partners Bond Insight Partners |
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