Summary

The driver time-bomb is ticking. 50m carbon tonnes & 40k premature deaths from pollution. SKOOT uses proprietary tech to reduce carbon & congestion for every driver. Using "green" navigation we auto offset plus reduce congestion & pollution via lift-sharing. Funds for global roll-out & user growth.

  • Live on iOS & Android store with >18K users reaching #20 in app store.
  • Experienced Board with Advisors from Waze, Facebook and Addison Lee.
  • Ride-hailing industry worth $85.8Bn growing 16.6% PA.
  • Awarded Top 50 Fintech Start Up 2021 by TechRound.

Idea

"The night my daughter didn't come home was the catalyst for SKOOT". Greg's daughter spent the night giving lifts to friends via social media, as alternatives are too expensive and include potential stranger danger. SKOOT is a safer, sustainable option for every drive & lift.

We're driving the Carbon Negative Movement today with the 1M Tree Challenge. SKOOT plants a tree for every journey on the platform. Win-win travel.

Whether it's driving on your own, using our "green" navigation, or lift-sharing (as restrictions ease) our in-built features can co-ordinate journeys & share/split costs.

In early pilot discussions with a large Corporate assisting 'Net Zero' targets, together with signed FC partnerships (Forest Green, Bolton Wanderers). Interest from 30+ clubs, festival promoters & venue owners "Giving Fans A Lift".

Since May '19:

  • Raised £3.1M, won £75K from Innovate UK
  • Launched Errands feature to help during pandemic, over 1,200 tasks requested to date
  • 2 technology patents applications submitted across US, Aus & Canada
  • Investors include VC Low Carbon Innovation Fund

Multiple revenue streams:

  • B2B: subscription, charging per active staff member
  • B2C: small fee per mile for liftsharing, additional revenues through in-app gamification

Fundraising to extend the product, create more revenue streams & increase user activation. Planned launch in the EU, US, Aus & Canada by early 2022.

Team

Greg Gormley, Co-Founder

SKOOT’s CEO. A qualified accountant & previously co-founder of Bink (now worth in excess of £75m), Greg's previous experience includes working for the technology arm of News Corporation together with raising investment & advisor to start-up tech businesses.

Mark Stringer, Co-Founder

A marketing expert with 30 years experience working with large Corporate Brands, e.g. Disney, Red Bull, 3, Nando’s. Also Founder of successful agencies, PrettyGreen (PR) & The Producers (experiences).

Alex Browne, CTO

CTO, former consultant at Accenture advising large corporates bringing technology concepts to market, formerly Chief Architect at Bink.

Liad Itzhak, Board Advisor

An expert in mobility technology. Waze for 6 years including 3 years post Google's acquisition. Years as one of the Heads of location data at global platform HERE Technologies, the Mercedes & BMW partnership.

Ashish Devi-King, NED and Investor

Ashish is an investor and NED in SKOOT & Founder of auto-tech M&A & capital raising firm Ridgeback Partners.

Liam Griffin, Board Advisor and Investor

As CEO of taxi company, Addison Lee, Liam acts as an advisor to SKOOT’s growth & development within the market.

Hema Patel, Board Advisor

Global digital expert for Microsoft, Facebook & Adobe focussed on scaling & growth. More recently advisor on the Mayors International Business Programme.