Ridecell Inc. is leading the way in the digital transformation of fleet businesses and operations. The Ridecell Fleet IoT (Internet of Things) Automation solutions modernize and monetize fleets by combining data insights with digital vehicle control to turn today’s manual processes into automated workflows. The result is unmatched levels of efficiency and control for shared services, motorpools, rental, and logistic fleets.
Munich Re Ventures invested in Ridecell’s Series B round in October 2018, and facilitated an engagement between ERGO Mobility Solutions and Ridecell. The strategic relationship leverages ERGO’s expertise in combining data, new, flexible technology, and deep mobility. As Ridecell secures further partnerships and obtains access to additional data sources through its technology integrations, ERGO will utilize this new data to improve risk management services and develop insurance solutions for Ridecell’s mobility customers to lower their total cost of ownership or access.