Mobile App Investment Opportunity in San Francisco, USA
Disruptive startup in mobility space with 4,500 users for beta program /$126M expected year-2 revenue.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | C Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Mobile Apps + 1 more |
| Locations | San Francisco |
| Local Time | 1:22 PM America / Los Angeles |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.2 million
for
10.0%
stake
(Native Currency: USD 1,200,000)
Reason: Need capital to prove our model in San Francisco.
Funds will be used for:
- Beta test in San Franc...
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Documents
Pitch Deck
(5.4 MB)
Executive Summary
(74.0 KB)
Certificate of Incorporation
(558.8 KB)
Bank Details
(40.7 KB)
Business Overview
- First-mover advantage.
- Co-founders spent USD 150K.
- Unique business model.
- Fully-automated restaurant rideshare app that offers free rides to dine-in customers.
- The first company to provide free rides.
- World-class management team; deep roots and experience in app software.
- Within 3 years, the ride-hailing market size is expected to be USD 74.45 billion.
- Beta testing was done in San Francisco with 4.5K users and 32 drivers.
- Increased restaurant’s AOV by 30%
- Product is done in-house with the current team (really important because we own the technology).
- USD 50k investment received from the most active accelerator in the world (Plug and Play Accelerator)
- We charge 20% of the customer spending (If a customer spends USD 100 at the restaurant, we charge USD 20)
- Drivers make 70% of how much the rider or the restaurant pays.
- We won’t own the cars. Drivers drive their own cars.
- Co-founders spent USD 150K.
- Unique business model.
- Fully-automated restaurant rideshare app that offers free rides to dine-in customers.
- The first company to provide free rides.
- World-class management team; deep roots and experience in app software.
- Within 3 years, the ride-hailing market size is expected to be USD 74.45 billion.
- Beta testing was done in San Francisco with 4.5K users and 32 drivers.
- Increased restaurant’s AOV by 30%
- Product is done in-house with the current team (really important because we own the technology).
- USD 50k investment received from the most active accelerator in the world (Plug and Play Accelerator)
- We charge 20% of the customer spending (If a customer spends USD 100 at the restaurant, we charge USD 20)
- Drivers make 70% of how much the rider or the restaurant pays.
- We won’t own the cars. Drivers drive their own cars.
Products & Services Overview
Rideshare app that works with local restaurants to offer free rides which are paid for by the restaurants based on minimum spending.
Assets Overview
No hard/physical assets are owned by the business.Intangible assets include business software and intellectual property.
Facilities Overview
Marketplace business that can be conducted from anywhere in the world. Our company is based in San Francisco, California, and has remote employees from Turkey.
Capitalization Overview
- The founders have bootstrapped this business. (over USD 150K spent in total)- USD 50K Investment received by the most active accelerator in the world (Plug and Play Accelerator)
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Mesquite, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Construction, Mountain View, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, IT, San Francisco, Individual Investor / Buyer connected with the Business
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Online Marketplace Company Investment Opportunity in San Francisco, United States
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