Companies · Tourism and Travel Services

Ride, LLC

NEW YORK · Tourism and Travel Services

Diligence memoA one-page analyst read on Ride, LLC — recommendation, valuation, rhythm, risks.
$3.9M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 29%
Sector rank · raised
Seed
Latest stage · inferred · Sat Jul 08 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Ride, LLC looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the travel sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.17× the median modeled value of Seed Tourism and Travel Services companies in 2016–2018 (11 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.0 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Ride, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
12.3 yr record
Peak capital year was 2014 with $3.5M across 1 filings.
Market position
ahead of 72% of Tourism and Travel Services peers
Capital scale is ahead of 72% of Tourism and Travel Services peers; modeled value is above 33% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2014: $3.5M across 1 filings.
  • Largest single filing was $3.5M on 2014-04-01.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Tourism and Travel Services

Ride, LLC is one of 172 Tourism and Travel Services companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 72% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2014
Year incorporated
2017-07-08
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2014-04-01 Raised $3.5M (real) Modeled valuation $25M (est)$3.5M$25MSeed2014Seed · 2017-07-08 Raised $385K (real) Modeled valuation $2.8M (est)$385K$2.8MSeed2017+$385KCumulative $3.9M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$3.5M · 2014
Seed extension$385K · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$2.8M
Base estimate est.
$308K
Conservative case
$21.7M
Upside case
$1.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the travel sector profile. Directional, not a quoted figure.

Seed · modeled $25.1M · 2014-04-012014Seed · modeled $2.8M · 2017-07-082017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
36%
Survival probability
16% low · 55% high
1.26×/yr
Annual markup
1.65×/yr upside case
6.0 yr
Elapsed time used
9.0 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
39 mo
Avg between rounds
$1.2M/yr
Capital velocity
12.3 yr
On record since
2014
First round
2
Rounds on file
How it compares to the market

Benchmarked against 172 companies in Tourism and Travel Services. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 3.0× above median
This company$3.9M
Sector median$1.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$385K
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$2.8M
Sector median$5.5M

Raised more than 72% of sector peers (real $). Modeled value above 33% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #11 of 11.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Monaker Group, Inc. · Seed Raised $8.2M · modeled $22.0M (est)JackRabbit Systems, Inc. · Seed Raised $4.7M · modeled $20.7M (est)Old Marsh, LLC · Seed Raised $2.9M · modeled $20.5M (est)Sharing Services, Inc. · Seed Raised $2.5M · modeled $17.9M (est)FTC Holdings LLC · Seed Raised $2.4M · modeled $17.1M (est)Munising Water Sports, Inc. · Seed Raised $3.4M · modeled $16.1M (est)TripBorn, Inc. · Seed Raised $2.6M · modeled $15.4M (est)Busbud Inc. · Seed Raised $2.0M · modeled $14.3M (est)Penobscot Valley, LLC · Seed Raised $1.9M · modeled $13.6M (est)Context Walks LLC · Seed Raised $1.5M · modeled $11.0M (est)Ride, LLC (this company) Raised $3.9M · modeled $2.8M (est)Ride, LLC
CompanyStageRaised · realValue · estvs peer med.
Monaker Group, Inc.Seed$8.2M$22.0M1.36×
JackRabbit Systems, Inc.Seed$4.7M$20.7M1.28×
Old Marsh, LLCSeed$2.9M$20.5M1.27×
Sharing Services, Inc.Seed$2.5M$17.9M1.11×
FTC Holdings LLCSeed$2.4M$17.1M1.06×
Munising Water Sports, Inc.Seed$3.4M$16.1M1.00×
TripBorn, Inc.Seed$2.6M$15.4M0.95×
Busbud Inc.Seed$2.0M$14.3M0.89×
Penobscot Valley, LLCSeed$1.9M$13.6M0.84×
Context Walks LLCSeed$1.5M$11.0M0.68×
Ride, LLC this companySeed$3.9M$2.8M0.17×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$3.5M2014-04-01$17.5M$25.1M85%
Seed$385K2017-07-08$1.9M$2.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$3.5M2014-04-01
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Seed$385K2017-07-08
    • Raised again after 39 mo — slower than the ~14 mo sector norm.
    • Round 9.1× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~39mo cadence
$385K
Modeled next size est.range $385K$616K
0.1×
Last step-up
$1.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jeffrey McCormick5 other2017-07
Steve Klein4 other2014-04
Richard Humphrey2 other2014-04
Alan McKeon2017-07
Jeff McCormick2014-04
Registry & provenance

Ride, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1606536
SEC CIK
2014
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Beskapes, Inc.Tourism and Travel ServicesSeed$3.9M$28.3Msame sector · same stage
Modern Adventure, LLCTourism and Travel ServicesSeed$4.1M$8.7Msame sector · same stage
Tripgrid, Inc.Tourism and Travel ServicesSeed$4.2M$553Ksame sector · same stage
Zero-Gravity Holdings, Inc.Tourism and Travel ServicesSeed$4.4M$12.7Msame sector · same stage
Team Vision Virtual, Inc.Tourism and Travel ServicesSeed$3.4M$1.2Msame sector · same stage
Munising Water Sports, Inc.Tourism and Travel ServicesSeed$3.4M$16.1Msame sector · same stage
Frost Group, LLCTourism and Travel ServicesSeed$3.4M$24.0Msame sector · same stage
JackRabbit Systems, Inc.Tourism and Travel ServicesSeed$4.7M$20.7Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Local Traffic CorpTourism and Travel ServicesPre-Seed$1.9M81%
Call A Ride Inc.Other TravelPre-Seed$1.2M81%
Sharing Services, Inc.Tourism and Travel ServicesSeed$17.9M81%
HotelEngine, Inc.Tourism and Travel ServicesSeries C$396.5M81%
tripdeals.FUN, Inc.Tourism and Travel ServicesSeries A$42.0M80%
Wheel The World Inc.Tourism and Travel ServicesPre-Seed$4.3M80%
Journey Rewards Inc.Tourism and Travel ServicesSeries A$17.9M79%
Explorify MotorCycle Rentals LLCTourism and Travel ServicesPre-Seed$6.7M79%
Frequently asked
How much funding has Ride, LLC raised?
Ride, LLC has raised approximately $3.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Ride, LLC's estimated valuation?
Provath's modeled valuation for Ride, LLC is approximately $2.8M (modeled range $308K–$21.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ride, LLC at?
Ride, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Sat Jul 08.
What does Ride, LLC do and where is it based?
Ride, LLC operates in the Tourism and Travel Services sector, based in NEW YORK.
Explore related

See where Ride, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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