How do I claim a co-ownership share?
Pick a vehicle, complete KYC, sign the Operating Agreement and Management Services Agreement, fund your share, you're a co-owner. No accreditation required.
1. Pick the vehicle
Browse the fleet at /markets, pick a vehicle and the number of shares you want. Each vehicle is held in a separate LLC. RYDA's default share count is 10 per vehicle.
2. Identity verification (KYC)
We verify identity through Persona or an equivalent third-party. Government ID upload, selfie match, and a clean recent driving record check. Typically takes 5–10 minutes. Required to be added to the LLC's insurance policy.
3. Documents
Two documents to sign electronically. The LLC Operating Agreement (governs how you and your co-owners run the LLC together, voting, fair-use, transfers, dissolution) and the Management Services Agreement (the contract between the LLC and RYDA covering operations, insurance, storage, scheduling, maintenance). Both are sent via secure e-signature.
4. Funding
Wire or ACH your buy-in into the LLC's escrow account. RYDA holds funds in escrow until all signatures are collected, then releases to the LLC and your share is officially recorded in the LLC's member register.
5. Onboarding
First booking can be scheduled the day funds clear. We schedule a 30-minute walkthrough on the vehicle (controls, etiquette, condition baseline) before your first drive.
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