Riders Share

Riders Share

Motorcycle sharing done right: the marketplace for owners and riders

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Security Type
Crowd SAFE
Min Investment
Offering Date
January 26, 2023
Expected Close Date
March 27, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

Most motorcycle rental companies charge high rental fees and are available only in limited locations. By leveraging the growing popularity of peer-to-peer exchange, Riders Share brings affordable rental opportunities to enthusiasts everywhere—matching vetted renters with motorcycle owners on an easy-to-use platform.


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Free 1-year Rider Pass subscription (up to 25% off the cost of any rental)

Key Deal Facts

75% YoY revenue growth rate to ~$3.5M in 2022
$4.5M raised from LiveOak Ventures, Techstars, Texas HALO
Proprietary AI risk assessments make renting safer and more profitable
Industry-leading 47% take rate per rental; 10:1 LTV : CAC ratio
6.55X more trips and 4X more inventory than leading competitor
35K+ bookings; 3,600+ listings; perfect 5-star rating on Google
Featured in Forbes, Travel & Leisure, Robb Report, Ride Apart, and more

Management Team / Advisory Board Bios

Guillermo Cornejo
Founder & CEO
Worked for 7 years in analytics at Hyundai, GM and Nissan including risk pricing roles. Grew Riders Share to >$1M in rentals while attending UCLA's MBA full time program with only 1 other employee.

David Stewart
Board director
Ex Chief Business Officer at Turo, partner @ LiveOak Venture Partners

Brendon Lamb
Cofounder and CTO

Adam Miller
Advisor - Marketing (ex Turo)

Tristram Hewitt
Advisor - Operations (ex Turo)

Robert Burns
Advisor - Product (ex VRBO)
Amount Raised : $313,438
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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