Austin, United States
Riders Share, founded in 2016 and headquartered in the United States, is the leading player in the motorcycle-sharing industry, as suggested by their slogan: "The #1 motorcycle sharing company in the world #motorcyclerental." This innovative online marketplace has carved a niche in the sharing economy by offering street-legal motorcycle rentals through a peer-to-peer platform.
The company operates at the intersection of several industries: Insurtech, Internet, Marketplaces, Real Estate, and Automotive. By allowing individuals to rent motorcycles from local owners, Riders Share provides a cost-effective alternative to traditional rental companies, while giving motorcycle owners the opportunity to earn between $50 and $250 per day.
In a significant step towards growth, Riders Share secured a $2.00M Series A investment on 01 July 2020, led by LiveOak Ventures. This investment underscores the confidence in their business model and further positions them for expansion in the burgeoning shared economy sector.
