Wednesday, September 30, 2020
Sept. 30, 2020

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Portland startup Ride Report raises $10M

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Ride Report, a Portland startup that works with cities to help them manage e-scooters, rental bikes and similar “micromobility” transportation options, has raised $10 million in venture capital.

The five-year-old company says it’s working with more than 60 cities worldwide, including Portland, Austin and Wellington, New Zealand.

Ride Report enables cities to track vehicle locations and usage so they can monitor if scooters are parked impermissibly, for example, or if a company has more vehicles operating in a region than allowed under local regulations. The company says its tools can help cities regulate and manage such vehicles.

“The data can be so difficult to understand and internalize,” said Jess Stetson, Ride Report’s head of growth. She said the company aims to make that manageable so cities can understand how people are using scooters and rental bikes and what steps the cities should take to regulate them.

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