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Overview
Empower is a software company that is disrupting the rideshare industry, not by providing transportation, but by providing software that puts transportation decisions back into the hands of drivers and riders. Empower provides the information and tools that drivers need to take control of their financial future and the choices that riders need to safely and affordably get from point A to point B.
With Empower's software, drivers can set their own rates and receive 100% of what the rider pays. By decentralizing rideshare in this way, Empower enables drivers to build and grow their own business and earn a sustainable living. And riders benefit as well, by paying 15-20% less on average and having greater choice over their driver than they do when using a rideshare service like Uber or Lyft.
With Empower, both drivers and riders win.
About
Information Technology, Software, Apps, Ride Sharing
2018
11-50
Headquarters locations
Mclean, Virginia, United States, North America
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Profile Resume
Empower headquartered in United States, North America, operates in the Information Technology, Software, Apps, Ride Sharing sector. The company focuses on Information Technology and has secured $1.1B in funding across 112 round(s). With a team of 11-50 employees, Empower is actively contributing to advancements in Information Technology. Their latest funding round, Venture Round - Empower, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
7
0
0
$10.1M
Details
5
Empower has raised a total of $10.1M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 170.0K | ||
2020 | Seed | 300.9K | ||
2020 | Seed | 1.7M | ||
2021 | Early Stage Venture | 6.6M |
Investors
There is no investor info for this profile.
Recent Activity
Funding Round
Oct 14, 2022
Empower raised an undisclosed amount on 2022-10-14 in Venture Round
Funding Round
Dec 27, 2021
Empower raised $1000000 on 2021-12-27 in Venture Round
Funding Round
Mar 31, 2021
Empower raised $6635000 on 2021-03-31 in Series A
Funding Round
Sep 02, 2020
Empower raised $1695500 on 2020-09-02 in Seed Round
Funding Round
May 06, 2020
Empower raised $300875 on 2020-05-06 in Pre Seed Round