On June 23, 2021, Joyride announced it had completed its US$3.7 million funding round led by Proexa Ventures and Urban Innovation Fund. The all-equity funding included participation from Lill Ventures, Eva Lau and Allen Lau through Two Small Fish Ventures, and Craig Miller’s Something Good Ventures. The funding will be used to build on its recent growth and capitalize on the rise in demand for mobility solutions like bikes and scooters.
Joyride is a Toronto-based software company focused on its micro-mobility platform providing scooter and bike-sharing rental solutions.
Osler, Hoskin & Harcourt LLP advised Joyride with a team consisting of Chad Bayne, Andrew Irwin (Emerging and High Growth Companies) and Emery White (Corporate).