TechTransportation
Black-ownedPeople of Color
Ridegrade
Ensuring savings and convenience for private car sellers and buyers.
Linden,
NJ
Investment type:
Equity
(SAFE)
Target raise:
$50,000
- $1,070,000
Minimum investment:
$100
$100
End date:
Jan 18, 2022
Jan 18, 2022
ended
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Highlights
- We are the first and only platform optimized exclusively for private used car sellers and buyers
- The perfect solution for the $80B US used car market with 85% customer dissatisfaction rate
- Customers save as high as 20% compared to other used car sources
- Founders are experienced professionals with track record of creating successful businesses
Our Story
For car owners who want fair deals and convenience when buying or selling their cars, Ridegrade provides a transparent marketplace, where private sellers and buyers can interact directly with one another and with Finance, Warranty, and other service providers. We ensure transparency by inspecting and grading every car listed, savings by accepting only privately owned listings, and convenience by providing easy, affordable and direct access to a curated list of service providers.
Our Ambition
In 5 years, Ridegrade hopes to have a National coverage of the US market, with ability to get Inspectors to most car owners wishing to list within a day. Our database of car sales figure would be a reliable guide for used car market values, as well as for custom builds, classics, motorbikes, and other niche markets that we determine can benefit from market transparency. These projections cannot be guaranteed.