Singapore-based Rider Dome, which specialises in AI-driven safety solutions for motorcycle fleets and riders, has announced the completion of its US$2.3 million seed funding round.
The investors are local mobility startup investor Goldbell, Radha Rani Holdings Family Office, and undisclosed angels.
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“With the strategic partnership of our investors, Rider Dome not only gains financial support but also taps into a wealth of experience and market understanding within the automotive industry. Our investors play a prominent role with a vast network that extends far and wide,” said Yoav Elgrichi, co-founder and CEO of Rider Dome.
Established by Elgrichi, Kineret Karin, and Guy Ron, Rider Dome leverages artificial intelligence to reduce motorcycle accidents and enhance overall rider safety, focusing on the needs of large fleets. Its technology, Advanced Rider Assistance System (ARAS), based on computer vision algorithms, analyses real-time data and detects potential threats on the road.
The startup has worked with companies in various sectors that use motorcycles as part of their operation, including logistics fleets, delivery services, motorcycle rentals, ride-sharing, and emergency services.
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Rider Dome’s notable clients include Coca-Cola, Singapore Post (SingPost), and The City Council of Barcelona.
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