Gridwise
Creating a smarter mobility grid for cities and the stakeholders within them.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | $12.7m | Series A | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 12 % | 128 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Gridwise is a startup that provides a comprehensive app designed specifically for rideshare and delivery drivers. The company aims to enhance the earnings of these drivers by offering tools and insights that help them determine the best times and places to drive. According to Gridwise, their app can increase drivers' earnings by up to 39%.
The primary clients of Gridwise are rideshare and delivery drivers who work for companies like Uber, Lyft, DoorDash, and similar services. These drivers face various challenges, such as fluctuating passenger demand and the need to maximize their earnings while minimizing downtime. Gridwise addresses these issues by providing real-time data and analytics that help drivers make informed decisions about when and where to drive.
Gridwise operates in the gig economy market, which has seen significant growth in recent years. This market includes independent contractors who provide on-demand services, such as ridesharing and food delivery. The company leverages data analytics to offer actionable insights, helping drivers optimize their schedules and routes.
The business model of Gridwise is based on a freemium approach. The app is free to download and use, but it also offers premium features that users can access through a subscription. These premium features include advanced analytics, mileage tracking, and income protection plans that replace a portion of lost income when drivers are unable to work. Additionally, Gridwise generates revenue through partnerships and advertising, offering businesses the opportunity to reach their user base.
In summary, Gridwise is a valuable tool for rideshare and delivery drivers, helping them increase their earnings and efficiency through data-driven insights. The company operates in the gig economy market and employs a freemium business model, supplemented by partnerships and advertising revenue.
Keywords: rideshare, delivery drivers, earnings, data analytics, gig economy, freemium, subscription, income protection, mileage tracking, partnerships.