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Upshift
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=== There when you need it, gone when you don't—scaled === [[File:2a0f7e4f6ae55fb5ff8e13bc045c2b84474435ad.png]] We are now raising $3M to scale up in San Francisco, launch the DC market, integrate drive-by-wire vehicle delivery technology (teleoperations), and to electrify our fleet. Launching DC will give us an east-coast presence in another $1B addressable market. The ability to deliver unmanned vehicles remotely will help us scale. We'll have remote-controlled fleets. A remote driver (drive-by-wire) will cut operational costs, shorten delivery times, and enable expansion into lower density markets (mentioned above in the market section) that are already signaling that they want our product with expansion requests. Our fractional car subscription already: * replaces 4 cars for every car we add (4 members per car) * reduces vehicle miles traveled by 47% by incentivizing less driving (usage based pricing) * cuts emissions in half with an all hybrid fleet (46 MPG fleet average) Our driving is net zero, and we are making our cities more livable by reducing the number of cars sitting underutilized on our streets. Electrifying our fleet will further reduce our carbon footprint as we scale making our operations net negative emissions. We plan to 5x the business in the next 12 months before raising a $10M Series A to launch 5 additional markets so we can scale our impact.*
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