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
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
Solution
Cloud-based personalization with Ivee
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
Product
Connected cars with Ivee Inside
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
Personalized
- Integrated apps
- Routines
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
Proven in Market
Passengers & Drivers Love Ivee Inside
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
A better User Experience (UX) is more lucrative
Better User Experience ⇒ Greater Earnings + Loyalty
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
Access to 50M passengers/ year
- National US operator
- Global luxury operator
- LA-based operator
Total vehicles = 20K+
Business model
Time = money
Ivee's Better UX software can be monetized in 3 ways:
Mobility operators generate earnings & loyalty with no risk
First product ⇒ Big & profitable business
Market
Massive first market
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
Vision and strategy
Just the beginning
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+
Funding
$2.3M raised in pre-seed stage
Founders
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