Fundraising Fox

Dollaride

New York City, US · Founded 2018 · 17 employees on LinkedIn · 6 known investors

Dollaride accelerates electrification of passenger van fleets in New York City by providing access to electric vehicles, charging infrastructure, financing, and workforce development for underserved communities and small fleet operators. The company operates a clean mobility platform serving fleet operators and community-based organizations.

Also known as Dollaride, Inc.

Founders & leadership

Dollaride was founded in 2018 by Su Sanni and Chris Coles.

SSSu Sanni
Su SanniinCEO
CCChris Coles
Chris ColesinCTO

Investors · 6

Also in the syndicate · 1

Powerhouse Ventureslead

Company profile

researched Aug 2026

Dollaride Inc. is a New York City mobility company that works to improve transportation in underserved communities through clean transit. It began as a technology platform connecting riders in "transit deserts" to the city's informal "dollar van" networks, launching a ride-hailing-style app that let passengers hail vans, set drop-off points and pay by credit or debit card, with driver payouts handled through payment infrastructure. The company has since focused on fleet electrification, offering fleet owners an integrated package of EV financing, charging infrastructure deployment, vehicle storage/depot parking and fleet-management software, marketed as EV-as-a-Service (EVaaS).

Dollaride runs the Clean Transit Access Program (CTAP), created to help commuter-van fleet owners transition to electric vehicles using mobility software, creative financing and partnerships. CTAP is supported by the New York State Energy Research and Development Authority (NYSERDA), which awarded Dollaride $10 million. As of the current CTAP Round 1, applications were open for 255 subsidized electric vans for NYC fleets, with an August 31 deadline. The company also references a Clean Vehicle Support Program (CVSP), with a case study citing $2.4 million disbursed in its first year to stabilize NYC transit. Dollaride is headquartered at the Urban Future Lab, 370 Jay Street, Brooklyn, New York, and states an ambition to expand to serve underserved communities in 200 cities nationwide.

Founding story

Dollaride was founded by Su Sanni (CEO) and Chris Coles (co-founder, CTO) on the premise that everyone should have access to affordable, efficient and clean transportation, with the company citing more than two million daily commuters living in NYC transit gaps. Sanni grew up in East New York, where the nearest subway station was about two kilometers away, and had uncles who drove for-hire vans and later ran their own van fleet. One account dates the founding to 2018, when Sanni used Stripe Atlas to incorporate a Delaware C corporation, obtain an EIN and open a bank account; another account states he created Dollaride in 2017.

Business model

Dollaride sells an integrated fleet-electrification offering to van and paratransit fleet operators: EV financing and leasing, charging infrastructure selection and installation through EV and charging partners, depot/parking space for vehicle storage and charging, insurance support and fleet-management software. Delivery relies on public-private partnerships, with subsidy and grant programs such as CTAP channeling public funds (including NYSERDA support) into subsidized vehicles for qualifying NYC fleets.

The company monetizes financing and leasing of electric vehicles to fleet operators, charging infrastructure and parking/depot solutions, and software services, alongside publicly funded program administration such as CTAP and CVSP.

Traction

More than 400 drivers in New York were using Dollaride, with many reporting income increases of more than 30% after adopting the app. CTAP Round 1 offers 255 subsidized electric vans to NYC fleets. A company case study cites $2.4 million disbursed in the first year of the Clean Vehicle Support Program. A third-party profile estimates annual revenue in the $10M-$25M range and approximately 16 employees as of July 2026.

Latest developments

CTAP Round 1 applications are open for 255 subsidized electric vans for NYC fleets, due August 31. In May 2026, Boston-based Chestnut Run Capital Partners LP provided a senior-secured loan to support electrification of NYC's informal dollar-van network and other transit-desert transportation, and Zeti announced a partnership with Dollaride and Chestnut Run Capital to finance and manage electric transit fleets in New York. Recent company publications address fleet financing, EV incentives, driver training gaps and CTAP.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Dollaride positions itself as an operator-facing clean mobility platform for NYC's informal commuter-van and paratransit sector, an area targeted by state clean transportation funding. It was awarded $10 million from a New York Clean Transportation Prizes pool of $85 million to build what was described as the state's first all-electric dollar van network.

Focus on the informal dollar-van and paratransit segment in transit deserts, combining vehicle financing, charging infrastructure, depot parking, insurance support and workforce development in one package, and using public-private partnerships and subsidy programs to reduce upfront costs for small fleet operators.

Technology

Dollaride began with a mobility software platform using ride-hailing technology to make dollar vans findable, letting riders request trips, specify drop-off locations and pay by card; the app used Stripe payments for processing and Stripe Connect for driver payouts. The current offering includes fleet-management software plus EV and charging infrastructure integration with third-party vehicle and charger providers. Reported web technologies include DoubleClick Floodlight, HubSpot Analytics, Calendly, Open Graph, MySQL, Modernizr, Really Simple Discovery and YouTube.

Go-to-market

Direct outreach and qualification of fleet owners through its website (application and call-scheduling funnels for CTAP, CVSP, EV financing, charging site assessments and workforce training), channel partners including brokers, leasing partners and TNCs, and partnerships with community organizations, government agencies and vendors. Content marketing via a blog, newsroom, case studies and media pages supports lead generation.

Small businesses, nonprofits and public agencies operating passenger vans, commercial fleets and paratransit vehicles in New York City, particularly certified commuter van operators serving disadvantaged and transit-gap communities; earlier consumer-facing product served dollar-van riders and drivers.

Geography

Operations centered on New York City, including Brooklyn and Hunts Point in the Bronx, with headquarters in Brooklyn; stated intent to extend informal-transit services to other U.S. cities and, longer term, to 200 cities nationally.

History

The company launched a technology platform in late 2022 connecting people in transit deserts to private dollar-van ride-sharing networks, and an app using ride-hailing technology to make vans easier to find. In December 2022 it was announced as the recipient of a $10 million award, distributed through New York State's $85 million Clean Transportation Prizes program via NYSERDA, to build the state's first all-electric dollar van network, with development beginning in January 2023; the award funds the Clean Transit Access Program providing electric shuttle buses and charging infrastructure to certified commuter van drivers in disadvantaged NYC communities. Dollaride partnered with Revel in October 2023 to bring electric commuter vans to Brooklyn, and with The Point Community Development Corporation in July 2025 for an EV shuttle service in Hunts Point, Bronx. In May 2026 it partnered with Zeti and Chestnut Run Capital to finance and manage electric transit fleets in New York, with Chestnut Run Capital Partners providing a senior-secured loan.

Risks & controversies

Fleet operators served by Dollaride face high insurance costs, rising fuel expenses and limited access to vehicle financing. The company has published material addressing driver training and workforce gaps for EV operation, and a post titled "The Truth About Dollaride & CTAP." Its electrification programs depend substantially on public funding and subsidy availability.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
CVSP year-one funds disbursedMay 2026$2.4M
Drivers using Dollaride in New YorkAug 2022400 drivers
EmployeesJul 202616 employees
Estimated annual revenueJul 2026$10M - $25M (estimated)
Reported driver income increase after adopting appAug 202230%
Subsidized electric vans offered in CTAP Round 1Jan 2026255 vans

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with Dollaride for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
May 2026
Senior-secured loan from Chestnut Run Capital Partners

Boston-based Chestnut Run Capital Partners LP offered a senior-secured loan to Dollaride to electrify New York City's informal dollar-van network and other public transportation operating in the city's transit deserts.

source ↗

May 2026
Partnership with Zeti and Chestnut Run Capital

Zeti partnered with Dollaride and Chestnut Run Capital to finance and manage electric transit fleets in New York.

source ↗

Jul 2025
Partnership with The Point CDC for Hunts Point EV shuttle

Dollaride partnered with The Point Community Development Corporation to provide an electric vehicle shuttle service in Hunts Point, Bronx.

source ↗

Oct 2023
Partnership with Revel for electric commuter vans in Brooklyn

Revel and Dollaride partnered to bring electric commuter vans to Brooklyn.

source ↗

Feb 2023
Launched ride-hailing app for dollar vans

Dollaride launched an app using ride-hailing technology to make dollar vans easier for users to find.

source ↗

Dec 2022
Launched technology platform connecting transit deserts to dollar vans

Dollaride launched a technology platform connecting people living in transit deserts to private ride-sharing networks known as dollar vans.

source ↗

Dec 2022
Awarded $10 million from NYSERDA to build all-electric dollar van network

Dollaride was awarded $10 million, distributed through New York State's $85 million Clean Transportation Prizes program via NYSERDA, to build the state's first all-electric dollar van network and fund the Clean Transit Access Program (CTAP); development set to begin January 2023.

$10M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Dollaride do?
Brooklyn-based clean-mobility company electrifying NYC commuter-van and paratransit fleets via EV financing, charging and parking.
Who founded Dollaride?
Dollaride was founded by Su Sanni, Chris Coles in 2018.
Who are Dollaride's investors?
Dollaride's investors include Automotive Ventures Mobility, Backstage Capital, Everywhere Ventures, Visible Hands, The Fund.
Where is Dollaride headquartered?
Dollaride is headquartered in New York City, US.