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Internet Business Investment Opportunities in Ontario

Showing 1 - 2 of 2 Internet Business Investment Opportunities in Ontario. Invest in an Internet, Online, Job Portal, Mobile App, Ecommerce Website, Gaming Website, Search Engine Website, Social Network Website, Healthcare Portal, Travel Portal, Edutech, FinTech, Online Marketplace or a Crypto Business.

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Mobile App Investment Opportunity in Toronto, Canada

Mobile app that will serve as an online marketplace for homemade food requires funding.
Business with iOS and Android prototype of a mobile app for ordering food from home chefs. The app is yet to get operational. The target audience will basically be any user who uses mobile apps for food delivery. The app will be a platform for individuals to sell their home-cooked food as well. The app will charge a small 5-10% percentage fee from the individuals selling food on the app. (The fee structure is not yet finalized and is subject to change) The prototype development was outsourced and the third party did a good job. We now want funds to set up a dedicated team of developers. After this, we will be able to make the app fully operational and launch it on the respective app marketplaces.
6.5   Toronto
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 100 K for 20%
Contact Business

Taxi Company Investment Opportunity in Toronto, Canada

Sustainable rideshare company operating in Toronto with over 2,500 users and 100+ drivers seeks investment.
• Ride-hailing company based in Toronto and has been operational for over 2 years. • Customer acquisition cost over 5X less than competitors such as Uber and Lyft. • Repeat customer rate is over 75%. • Overwhelming organic driver acquisition with a waitlist of over 300 drivers. • In only 8 weeks, we managed to capture 0.3% of the Toronto market. - Key differentiators include: • All our vehicles are hybrid or fully electric. • Our driver commission is about half the competitions. • We’re 10-15% cheaper. Our rates don’t surge. • We focus on full-time drivers with at least 1-year experience. We inspect and road-test drivers in-person to ensure quality. • Mobile app is live on Google Play Store and Apple Store. App has over 500 downloads and 4.5+ start ratings on Play Store. • App, software and payment processing technology are developed in-house. • We charge a percentage fee from drivers and a flat rate from riders to generate revenue. - Our team is exceptional, and has a proven track record of success: • CEO: - Former head of operations and marketing at a startup that was funded by the popular VC television show. - Former physician, surgeon, and award-winning clinical researcher at the University of Geneva Hospitals in Switzerland. • CTO: - Co-founder of a company that has a market cap >$1 billion USD. - Former CTO of one of the largest E-commerce marketplaces in Canada which was successfully acquired; former senior software engineer at a company valued at > $500 million. • CMO: - Worked with high profile clients such as Tylenol, Gerber, Renault, Fiat, Nestle, Nescafé, UNICEF, MasterCard, Jeep. - Former executive at a private corporate agency of the Ontario Ministry of Transport.
Sustainable rideshare company operating in Toronto with over 2,500 users and 100+ drivers seeks investment.
8.3   Toronto
Run Rate Sales
USD 18 thousand
EBITDA Margin
18 %
Financial Investment
USD 1.5 Mn for 20%
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  • How many internet business investment opportunities in Ontario are listed on SMERGERS?
    There are 2 active and verified internet business investment opportunities in Ontario listed on SMERGERS as of 29 March 2024.
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