Car-sharing firm fleet to drive crowdfunding

  • Car-sharing firm fleet to drive crowdfunding
    Independent.t. E.
    Irish peer-to-peer car sharing service fleet launched its first investment round to Finance the expansion and international growth.
    https://www.independent.ie/business/irish/carsharing-firm-fleet-in-crowdfunding-drive-37229329.html
    https://www.independent.ie/business/technology/article37176120.ece/faa21/AUTOCROP/h342/2018-08-02_bus_42947145_I1.JPG

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Irish peer-to-peer car sharing service fleet launched its first investment round to Finance the expansion and international growth.

Technology startup – style itself as “Airbnb for cars” – using spark platform crowdfunding to raise €275,000, estimating it at €1.1 m

Launched in June of 2017, the Navy allows local owners to hire their vehicles, monetization incomplete use of funds in light of the fact that the CEO and founder Maurice Sheehy described as on the background of changes in the automotive industry and the rising cost of ownership.

The fleet had the potential to change the concept of owning a car similar to household names in the field of sharing economy such as uber and Airbnb, Sheehy said.

“We want to access transport back from large companies and put it on the street, their village, their workplace,” he said.

Fifteen thousand people created an account on the service to date.

“We see a high percentage of loyal customers throughout the platform. Our users are happy, and 65pc to do a second surgery.”

The fleet is also focused on business-to-business uses for its software, he said. He was approached by a major car manufacturer looking for new ways to market, as the drop in car sales.

It is also tender to provide a custom application to Dublin city Council, he said.

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