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Carpool for Commute with mobil App

We developed a p2p carpooling matching App for commuters and employees to carpool with each other.

Photo of Steven Zhu
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Daily commute is the biggest contributor for city transportation. Carpool is not new. We all know carpool could save time, save money and make our commute life enjoyable. But commuters are lack of a convenient tool to carpool with each other, not by taxi drivers, but by themsevles. We developed a convenient mobile App for this. We can help them matching, organizing the trip and share the cost.

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

There are 137m daily commuters in US. About 10% of them are willing to carpool or tried carpool accoding to American Community Survey. All commuters in the city are our target users. For example, Bill just moved to the city without a car. Steven has similar commute route with Bill every day. He can pick up Bill by using our App and earn about $250 for one month. Bill could save money from taxi or renting a car as well.

Describe your solution's stage of development

  • Pilot - you have implemented your solution in a real-world scenario
  • Ready to Scale - you have completed and expanded your pilot and are seeing adoption of your solution by your intended user

Insights from previous testing (500 characters)

Most users carpool because they want to save money. So, pricing is important for them. Our price is much lower than taxi or Uber. The reason is, we never ask the driver to drive out of their usual commute way. We match riders and drivers in the same direction to work or home.

Tell us about your team or organization (500 characters)

I am Steven Zhu, the founder of the company. I gained PhD from Mathematics. And I worked in Ford Motor Company before for innovative gloabl mobility projects. My team has Aaron from computer sceince who leads App production.

Size of your team or organization

  • 2-10

Funding Request

  • $100,000

Rough Budget (500 characters)

We request $100,000 to establish the business in the city. Amonge them, we plan to spend 50% on marketing, incluidng billboard, online advertisement, social media marketing and user rewards/referral program. Another 30% will be spent on updating the app with more features. The remaining 20% will be spent on operation.

Describe how you would pilot your idea (1000 characters)

I want to test the idea in one single area of the city first. Favorable area should have high population, crowded traffic and safe. We will do online and offline marketing campgains in the selected region to improve user density and make carpool matching work. Then we can expand this to other nearby areas. Once we have enough users, we may contact the local employers to open the b2b market.

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

Matching orders are the KPI. Not only we need more users, more user requests, but also we need to have those requests matched and completed. With the funding, I target to have over 2000 users with 10,000 carpool orders, and 20% matching rate. This could lead us to about $10,000 revenue per month.

Sustainability Plan (500 characters)

Yes, obsolutely. Our average pricing for one trip is $6 without driving out of their way. We charge 15% of each completed order. And we have b2b service. By subscribing our service, enterprise could provide more discount to their employees and receive monthly report. We have low cost in technology, since we already developed the most of it. We can make profit soon once we have more users.

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