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AutoNet

The public transport network of private cars.

Ukraine, Kyiv city
Market: Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 04.06.2018
Min investment
$  10.000
0
Total required
$ 40.000
Rating
equalizer 131 из 1000
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Idea

Service automatically unite drivers and passengers for shared trips. With a lot of comfortable features. Goal is to make habit to use service in every trip. For driver its like navigation app and simultaneously drivers route become chain in transport network. For passenger its transport network app with a lot of possibilities. There are a lot more private cars than tradition transports vehicles.
Monetization: online payments between driver and passenger with percent to service

Current Status

There is production version in play market.

Market

Now projected started in Ukraine, after success it could be worldwide.
It could be used in every place were people need to travel.
Passengers who want to pay less then taxi cost, but need more comfort.
Driver who wants to save money on fuel cost

Problem or Opportunity

Almost everybody makes trips. Its a compromise between comfortable own car with expenses for gasoline, parking and cheaper but less comfortable public transport. We offer comfortable trips for less money

Solution (product or service)

Service automatically unite drivers and passengers for shared trips. With a lot of comfortable features.

Competitors

BlaBlaCar -the most used service in Ukraine with similar functionality

Advantages or differentiators

Competitive advantages:
Easy. No need to call, negotiate. The system automatically selects the start and finish points. Users need a single click to confirm(or decline) the points. Before the start, service will show the current location of the partner.
Flexibility. All possible options for the route will be found. Perhaps a trip to the part of the route, with transfers.

Finance

We need investment to advertise an app. $40k for launch to test idea, business model.

Business model

online payments between driver and passenger with percent to service

Money will be spent on

Marketing, launching costs

Offer for investor

25% or negotiable

Risks

Risks
For now core application was made and internally tested to eliminate technical risks. It is good. But still there are a few risks:
Cost to achieve user is founded on statistic. For this service it could be less or higher
For starting, service should get minimal quantity users. It could be higher than quantity in minimal scenario for example
Could be worse ratio passive/active users, ratio offline/online payments, average price for trip
To avoid risk, to understand project viability it is needed to start in minimal scenario. In this case we limit possible losses by cost of minimal scenario.

Photos

Photo 1 - AutoNet
Photo 2 - AutoNet

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address