Company Overview

ByRyde is a next-generation AI-powered two-sided rideshare marketplace comprising the most advanced driver platform ever built (120+ features, 15 GPT-5.2 AI endpoints) and byryde.com, the rider-facing application enabling seamless ride booking, real-time tracking, and secure Stripe payments. With deep integrations across Tesla, Firebase, Stripe, and Agora, ByRyde delivers a complete rideshare ecosystem.

The Opportunity

Global Rideshare TAM (2025)$149.9B
Projected TAM (2034)$691.6B
Market CAGR18.5%
Active US Rideshare Drivers1.5M+

The Problem

The $149.9B rideshare industry treats drivers as expendable commodities. Despite powering the entire ecosystem, 1.5M+ US drivers operate without AI tools, lose $2,000+ annually to missed tax deductions, and face 60%+ annual churn. No platform has invested in AI-powered driver optimization.

Product Highlights

  • 120+ features across 67 screens with 170+ API endpoints and 70 database tables
  • 15 GPT-5.2 AI endpoints: earnings optimization, surge prediction, wellness monitoring, shift planning, weekly coaching, conversational copilot
  • Tesla Fleet API integration for EV battery monitoring, charging routing, and fleet management
  • Agora-powered real-time voice/video calling with Firebase chat and 12-language translation
  • IRS-compliant automatic mileage tracking with tax deduction calculations and export
  • Smart ride filtering, fatigue monitoring, crash detection, fraud protection, and dash cam integration
  • Stripe Connect payment processing with instant pay, streak bonuses, and stackable rewards
  • byryde.com rider platform: real-time booking, live driver tracking, Stripe payments, trip sharing, 12-language support, PIN verification, and favorite driver selection

Traction & Validation

Pilot Results (n=50)+22% hourly earnings, 95% satisfaction
Demand Forecast Accuracy85%+ in 30-min windows
Technology Readiness LevelTRL 7-8 (production-ready)
Development Value$2M+ in engineering effort

Revenue Model

Year 1 ARR$5.4M
Year 2 ARR$35.5M
Year 3 ARR$175.5M
LTV:CAC Ratio17.8x
Gross Margin70%

Team

ByRyde was founded by a former rideshare driver with 5,000+ completed trips who experienced every pain point firsthand — from missed surge windows to manual tax tracking. Combined with a CTO who has 15 years of AI/ML engineering experience and 2 prior exits, the founding team uniquely bridges deep domain expertise with world-class technical execution.

Investment Ask

ByRyde is seeking $8M in Series A funding at a $60M pre-money valuation to accelerate driver acquisition across 25 markets, scale the byryde.com rider platform, and achieve 25,000 active drivers within 18 months. With both sides of the marketplace already built, funds go directly to growth execution. Expected investor return: 16-26x within 5 years at projected $1.1B-$1.76B ARR.

Long-Term Vision

ByRyde is building the operating system for independent transportation workers worldwide. As autonomous vehicles emerge, fleet operators will need AI-powered management platforms — ByRyde's technology positions us as the intelligence layer for the $691B future of mobility.

Contact: investors@byryde.com | byryde.com