(Created page with "'''Personalizing the passenger experience''' == Summary == * Personalized User Experience software for ride-hail, self-driving cars, etc * Raised $2M+ to date * Founder is a serial entrepreneur with 3 exits * Dir. of Engineering has 25+ years leading teams at Microsoft, Lenovo, etc. * Revenue channels: revenue share, commerce, & contextual ads * Innovation awards: Plug and Play, MediaPost, National Retail Federation * Tested in nearly 200K rides == Problem == === Mob...")
 
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== Problem ==
== Problem ==


=== Mobility as a Service (MaaS) is a massive market ===
=== '''Mobility as a Service (MaaS) is a massive market''' ===
[[File:F1b6efeccd66242e908b76be5f84542ba152656.png]]
[[File:F1b6efeccd66242e908b76be5f84542ba152656.png]]


==== '''but, MaaS struggles with profits...''' ====
==== but, MaaS struggles with profits... ====


* Net margin ~ 3%
* Net margin ~ 3%
* Average ride booking = $13.00
* Average ride booking = $13.00


==== '''...and looming costs make it worse.''' ====
==== ...and looming costs make it worse. ====


* Worker classification costs
* Worker classification costs

Revision as of 14:03, 12 July 2022

Personalizing the passenger experience

Summary

  • Personalized User Experience software for ride-hail, self-driving cars, etc
  • Raised $2M+ to date
  • Founder is a serial entrepreneur with 3 exits
  • Dir. of Engineering has 25+ years leading teams at Microsoft, Lenovo, etc.
  • Revenue channels: revenue share, commerce, & contextual ads
  • Innovation awards: Plug and Play, MediaPost, National Retail Federation
  • Tested in nearly 200K rides

Problem

Mobility as a Service (MaaS) is a massive market

F1b6efeccd66242e908b76be5f84542ba152656.png

but, MaaS struggles with profits...

  • Net margin ~ 3%
  • Average ride booking = $13.00

...and looming costs make it worse.

  • Worker classification costs
  • City congestion taxes
  • Pollution taxes

How could the passenger experience be better?

Better user experience leads to greater earnings

and customer loyalty

F92d52b3c187f4474211e6fbacc16f3a498e3fd.png

Solution

Cloud-based personalization with Ivee

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To create remarkable end-to-end passenger experiences, Ivee's personalization software can be delivered to vehicles and mobile phones.

Ivee's Cloud Platform combines millions of proprietary data points + dozens of marketplace integrations with the trip details provided by mobility operators.

Turn time on the go into experiences

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Product


Connected cars with Ivee Inside

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Mobility as a Service & self-driving vehicles will massively increase the time people spend as passengers.  

Ivee's software turns vehicles into 3rd spaces that are as relaxing as a spa, as productive as an office, and as entertaining as a theater.

With Ivee, users' apps, content, & preferences follow them across vehicles and create whole new use cases for the car and Mobility as a Service.

My phone + Ivee Inside = Better Ride

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51990-1635364358-d869b5268cdf2a788ffc68f07bbf79792b7338fb.jpg

Personalized

  • Integrated apps
  • Routines
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Immersive

  • Big-screen HD media
  • Surround sound

Contextualized

  • Apps & content by use case
  • Recommended pick-up, offers, etc


How it works

Mobility operators integrated with Ivee can offer a personalized ride experience to their passengers.

Traction

Validation

Recognized for Innovation

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Proven in Market

Passengers & Drivers Love Ivee Inside

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Ready to Scale

Passengers are ready for Ivee

3rd party surveys from Methodify and Feedback Loop show:

  • 35% would pay more per ride for Ivee Inside
  • 60% would switch ride-hail operators for Ivee Inside
  • 71% would pay $5/month+ for Ivee Inside

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A better User Experience (UX) is more lucrative

Better User Experience ⇒ Greater Earnings + Loyalty

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Customers

Launched first mobility operator

Key Details:

  • Integrated with Evolgo's subsidiary Opoli
  • Launched in Teslas in Los Angeles on Jan. 19th, 2022
  • Expanding to 100s of vehicles in 2022
  • Trip details sent to Ivee Cloud

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Access to 50M passengers/ year

  1. National US operator
  2. Global luxury operator
  3. LA-based operator

Total vehicles = 20K+

Business model

Time = money

Ivee's Better UX software can be monetized in 3 ways:

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Mobility operators generate earnings & loyalty with no risk

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First product  ⇒ Big & profitable business

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Market

Massive first market

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The time spent in transit alone is a massive market. McKinsey and Intel value this at $25B and $200B respectively.

By delivering world-class software and remarkable passenger-centric experiences, Ivee will prosper in this hyper-growth market.

Competition

Ivee solved what others haven't

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Vision and strategy

Just the beginning

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Ivee's software is designed to span across different form factors and into new verticals in the passenger economy.

Ivee's proprietary data, high passenger engagement, and distribution partnerships create a great fly-wheel effect for continued growth.

Use of funds

Ivee will increase our reach, invest deeper into our software, and expand monetization.  Key milestones include:

  • 3 integrations with ride-hail operators
  • 3M rides per year
  • ARR of $5M+

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Funding

$2.3M raised in pre-seed stage

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Founders

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Alex Giannikoulis | Founder and CEO

15-years of experience with sales, marketing sales & BD at early-stage start-ups

3-years as a venture capitalist with placements in Snap, Lyft, Zum, JioBit

Serial entrepreneur with 3 exits

Ivee Team

Alex Giannikoulis

Founder

Serial entrepreneur with 3 exits. * 15-years of experience with sales, marketing sales & BD at early-stage start-ups * 3-years as venture capitalist with placements in Snap, Lyft, Zum, JioBit

Dave Matthews

Dir. of Product & UX

18-years experience in UX & graphic design from web, social, and mobile * 14-years working with Ivee's founder

Wes Lathan

Director of Engineering

25+ years in engineering and management roles including Fortune 500 Microsoft & Lenovo. Strong background in user management, back-end systems, and cloud-based architecture.

Wendy Wen

Director of Operations

8 years experience in management consulting & operations.

Elliot Garbus

Advisor - Automotive

ex VP of Intel's Automotive Division

Chris Saad

Advisor - Mobility

ex Head of Product, Dev Platform Uber

Peter Sellis

Advisor - Monetization

Head of Monetization at Snap

Marni Schapiro

Advisor - Advertising

ex Head of Ad Sales at Google, Snap, Quibi

James Cowen

Advisor - Mobility

ex Head of strategy & corporate development at Gett & Cargo

Risks