|Description||Mobile transportation solutions|
|Series A, 1/08 ||$4M|
|Series B, 2/09 |
RideCharge, Inc. creates innovative mobile solutions that improve local ground transportation industries and get people where they need to go.
RideCharge’s most renowned product, Taxi Magic, is an online & mobile software application that has revolutionized the taxi industry by aligning riders, drivers and fleets for a better overall ride experience. Passengers use the convenient smartphone app to book taxis , track their rides arrival and pay for their ride. Taxi Magic is consistently ranked in the Top 50 for “Travel & Tourism” in the App Store and the Android Marketplace. In addition, RideCharge has built the Taxi Magic Passenger Information Monitor (PIM) that supports credit card payment and entertaining video content. The Taxi Magic Network consists of 25,000 taxis with 90 fleets in 55 US cities.
RideCharge also develops Sedan Magic, the ground transportation solution for sedan provides and corporate travelers. The Sedan Magic suite of products includes a mobile booking app, travel management tools for corporate passengers and a dispatch solution for ground transportation providers.
RideCharge was founded in 2007 as a platform for business travelers to manage the booking and expensing of taxi rides and other local ground transportation. It soon adopted a broader consumer focus, hastened by the adoption of smartphone technology.
RideCharge is based in Alexandria, VA with offices in Boston, MA, Los Angeles, CA & San Francisco, CA. The company is venture-backed by travel management software provider Concur (NASDAQ: CNQR) and other investors.
Introducing Sedan MagicAdded: 7/26/12
|Launch Date||November 1, 2009|
Taxi Magic is leading the technology revolution to modernize and transform the taxi industry. We develop our products with a rider-centric perspective and the latest technologies to ensure that taxi fleets have the industry’s best tools to run their businesses and delight their passengers.
As with air travel, hotels, and rental cars, booking a taxi is moving from a manual phone process to an automated online transaction. Ordering online benefits the passenger and the taxi company. For the passenger, online ordering is faster since there is no waiting on hold. It’s more reliable because the passenger can enter their address, rather than relying on the call taker to get it right over the phone. In addition, online tools allow the user to track the status and arrival of their taxi as well as pay by credit card. Electronic booking even improves safety and helps in recovering lost items. Taxi companies benefit by attracting new, valuable, tech-savvy passengers, and they reduce costs and streamline operations by automating calls and status updates. Taxi Magic is excited to leverage the recent advances in web, mobile smartphone, and text messaging technology to provide a complete suite of online taxi booking tools. Taxi Magic also books shuttle, sedan, and limo providers in various cities throughout the country.
In addition to electronic taxi booking, Taxi Magic provides a number of additional technology solutions for transportation providers. These products include the industry’s most advanced Passenger Information Monitor, the leading click-to-call phone directory for taxis, and taxi fleet website hosting. By working closely with our fleet customers, Taxi Magic will continue to expand and evolve our offering.