SaaS startups have become the darling of Venture Capital investors, especially in the Cycling industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 3 VC funded SaaS startups in the Cycling industry.
The largest worldwide network of micromobility providers is powered by Joyride. For operators of dockless bikeshare systems and electric scooter fleets, they provide turnkey software solutions. Their technology has a web-based dashboard for fleet operators as well as a white-label mobile application for end customers. Their management software enables any size business to deploy their fleet within 24 hours and smoothly grow their operations from five to 500,000+ cars. They presently power customers in more than 100 markets across the world.