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HAPPY MOBILITY - MOBILITY 2.0

Revolutionizing the Ridesharing Experience & Providing Customer-Focused Car Insurance

Photo of Hyunmin Lee
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HM’s ride-hailing and artificial intelligence driven insurance platforms monitor driving habits using cell phone sensors and determines a safety measurement for the driver. HM’s goal is ultimately to combine the ride hailing driver and the insurance platforms. Happy Mobility’s insurance covers all stages of ride-hailing service for a better employee satisfaction. This combined platform opens many avenues for optimizing safety and value for the drivers and passengers.

Describe who will use your solution (1,000 characters)

People resort to using ride sharing services such as Uber and Lyft, taxi services, driving themselves, or using public transportation.

Describe your solution's stage of development

  • Prototype - you have built a prototype and tested it with potential users

Tell us about your team or organization (500 characters)

Our team is small but experienced. All of our development has been done in-house since day-1. We have never used third party for our products. With some funding, we will further expand our team.

Size of your team or organization

  • 2-10

Team or Organization URL

www.hmride.com

Funding Request

  • $100,000

Rough budget (500 characters)

25% Product Development 35% Marketing/Sales 20% Operation/Inventory 20% Legal/Other

Describe how you would measure the success of your pilot (1000 characters)

We will acquire users initially from word of mouth and social media marketing. As for the chicken and egg problem, drivers tend to enable multiple ride hailing platforms at the same time to find rides continuously. This could include ours at no risk to the drivers. Therefore, passengers using our service will always have drivers available.

Sustainability Plan (500 characters)

We will make money through the ride sharing service and selling car insurance. This could result in multi-billions, as evident from large ride sharing companies like Uber and Lyft. We will also make money by giving drivers the option of displaying ads for local businesses on their vehicles while they are driving for Happy mobility. We will take some of the profits and then share a portion of the advertising profits with the drivers.

Social Media

@happymobility7 (Twitter) @happymobility (Instagram)

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