RYDES, a Berlin-based start-up, has secured $4.36 million in seed funding from Assembly Ventures, Futury Capital, Forward31 by Porsche Digital, Lufthansa Group, and Rethink Ventures.

The mobility platform offers a range of sustainable and contemporary modes of transportation, including kick scooters, bike subscriptions, ride-hailing, and car sharing, to enable full mobility flexibility for all employees of a company.

The company's mobility budget offers employees an allowance to travel on their own terms and improve their performance, attracting new talent with an impactful benefit. RYDES also compensates for all mobility-related CO2 emissions, helping companies to reduce their carbon footprint. Furthermore, companies can increase employee compensation at a lower cost by taking advantage of tax-free benefits and simplified administration.

By adopting RYDES, companies can stand out and stay ahead of their competitors in the latest transportation trend, offering unique benefits to their employees while promoting sustainability.

RYDES aims to revolutionize the way companies approach mobility and contribute towards creating a more sustainable future. Visit us for more information about their latest funding round: https://founderlodge.com/round/RYDES-raises-4363000-Seed-2023-04-25-Ren-Braun-MTI0MTI