Austin’s Riders Share finds a niche with motorcycle rental marketplace

Guillermo Cornejo founded Riders Share in 2018 and moved the business to Austin in 2020. Cornejo says the motorcycle rideshare marketplace has more than 2,000 motorcycle owners registered and it has 200,000 members signed on to rent and ride.

When he was a teenager, Guillermo Cornejo loved going on motorcycle rides in the countryside outside of Lima, Peru, seated behind his dad.

“When I moved to the United States I thought maybe I could drive a motorcycle instead of being a passenger,” Cornejo said. “But I could not afford to buy a motorcycle and renting them cost $200 a day.”

That’s how Cornejo got the idea for his company, Riders Share, which he founded in 2018 in Los Angeles. In 2020 the company moved to Austin, drawn by its business-friendly environment.

Riders Share operates an online platform that lets riders rent motorcycles from owners. Just as demand for rental cars, RVs and campers has skyrocketed as travel recovers from the shutdowns caused by the coronavirus pandemic, Riders Share has seen a surge in demand for its cycles.