Photo - Crowd-shipping project
32563

Crowd-shipping project

Ukraine, Kyiv city
Market: Logistics and warehouses, Trade
Stage of the project: Idea or something is already done

Date of last change: 19.10.2018
Min investment
$  75.000
Total required
$ 150.000
Rating
equalizer 30 из 1000
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Idea

The aim of UPorter is to change the process of delivering goods by connecting everyday Travelers with Mailers who want to send a package

Current Status

- We are seeking an investment of $150K for product development and first year of operations

- We plan to connect to 20K students, leveraging Erasmus program participants and target migrants working in foreign countries for an average of 2 trips per user and a total 40K trips

- We expect an average $4 commission/ trip, for a revenue of no less than $160K in the first year of operations

Problem or Opportunity

Postal service are:

1. Expensive and rising prices pushing people out of the market (driving down post volumes)

2. Low level of service (limited opening hours, inability to track lost mail, no communications with travelers)

3. Slow delivery – non-express services take weeks to deliver packages

4. Large part of market operating in the shadows – leading to inefficiencies and lower level of security for mailers


Solution (product or service)

1. More affordable transport due to larger number of travelers

2. Easy to use and beloved by customers (e.g., connect with traveler in real time, 24/7 availability, three-click sending etc.)

3. Use the quickest and most direct connections to avoid bottlenecks and deliver packages in days, not weeks

4. Shadow transport normalised with provision of ancillary services (e.g., insurance, financing, telco offering)

Competitors

Travel Post, Express Courier Services, National Postal Services, Roadie

Advantages or differentiators

1. Automated itinerary import

2. Ease of Use

3. Customer Protection

4. Automatically Translated Messages

5. Package Protection

Money will be spent on

Product development and first year of operations in order to break even.

Team or Management

5,00
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Idea
Current Status
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Solution (product or service)
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Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
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Lead investor
Risks
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