Case Studies
vRide: Environmentally Sound Solutions
vRide is a ride sharing platform offering commuters an economical and environmentally friendly way to get to and from work each day. With an investment from the private equity firm TPG Capital, vRide…
vRide is a ride sharing platform offering commuters an economical and environmentally friendly way to get to and from work each day. With an investment from the private equity firm TPG Capital, vRide was able to improve its business model, expand its footprint in numerous states and deliver exponentially more environmental benefits to the U.S.
More vRide highlights include:
- On average, vRide saves commuters up to $5,000 per year.
- vRide has more than 5,000 daily active vanpools and more than 50,000 commuters. That’s 25 million passenger trips per year.
- vRide eliminates approximately 78 million vehicle miles per year, taking more than 800,000 cars off our highways and roads every month, and saving more than 78,000 parking spaces per day.
- vRide saves more than 3 million gallons of fuel per month, adding up to $10 million of savings to commuters.
