FARE Inc

Raising $1 million PRE SEED/SEED to build the Next Generation Ridesharing Platform

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we are reinventing the way people use rideshare today to constantly challenge the limits  the industry is facing today by revolutionizing the Ride-sharing experience in the eyes of our riders, drivers and competitors 
 
Why? Well, Uber and Lyft  passengers in the US market are facing a number of challenges . however, there are NO alternatives, and they became Duopolist 
 
However, traditional ride-sharing platforms are having significant flaws in the design and major three challenges to summarize: 

1. under paid drivers ( way below min wages / no gas reimbursement)
2. Surge pricing for passengers (outrageous some times) 
3. Safety of both drivers and passengers (isolated incidents)
 
I have decided to understand these challenge on the ground and dedicated the last few months to driving Uber to complete 3500+ rides, talk to customers, talk to fellow drivers, experience the feedback loop with Uber, experience the disconnect between the Gig workers and the company, and understand the nuances. I had come up with revolutionary Subscription only Ridesharing platform that can solve the current challenges by providing
 
1.  Highest Driver Compensation in the Industry
2. 100% reimbursement for GAS on every trip
3.  Lowest Fares for passengers in the Industry
4.   Safety First Ridesharing platform 
 
you will be wondering how the above is even possible while UBER and LYFT struggling to be profitable..   it is highly POSSIBLE and we have UNIQUE algorithm with multiple revenue streams  

Our subscription only model will make every RIDE is same for everyone every-time for both drivers and passengers with NO  surge pricing ever. 
 
lets Talk and Lets everyone Ride FAIR with FARE

At FARE, Inc we are people and community driven and we value our drivers, riders, safety & Equity
 
Thank you for taking the time to consider this opportunity. I look forward to working with you and contributing to the future of transportation.

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