Canada, Toronto
Market: Logistics and warehouses, Food industry, Trade, Transport, Mobile applications
Stage of the project: Prototype or product is ready
Technology brings people & ideas together. GeoShip brings the ability to unite the worlds most important industry. Transportation is the single most important industry going, with dependency across The globe, we’re always in search of something better, easier. GeoShip offers the best in simplicity, bringing diversity & efficiency to the way we love product.
Current Status
Currently, the app is being finalized on the android platform and the apple market is underway
Problem or Opportunity
The unique features of Geo Ship will provide the following benefits for consumers worldwide:
· Easy to use
· Convenient
· GPS integration
· Provides quick information such as road conditions, traffic delays, road closures, most efficient routing, the recommended time of travel, etc.
· Better shipping process
· Minimizes frustration
· Saves time and money
Competitors
Only alternatives to this software are small, less exclusive applications that are not as involved, and don’t include half the integration that GeoShip does
Advantages or differentiators
So far, no competitors have been found apart from smaller businesses like Skip the dishes or Uber
Loan terms
60 months
Interest rate, %
5
Type of pledge
Another
Pledge and assets
Shares & future profits from the organization
Solution (product or service)
Geo Ship is an app designed to simplify the exchange of goods between the seller, consumer, and/or courier. It makes shipping an overall more efficient process and tracks packages in real-time with GPS.
Geo Ship allows more products to be shipped in a smaller time frame. It works by finding someone locally available to pick up items that normally take longer to have shipped due to wait times and return freight being overloaded.
Shipping companies will be able to have multiple companies/couriers pick up a wide variety of items. They will then have them sent and delivered in a smaller time frame. All the while, they will be able to monitor the shipment in real-time.
With this technology, users can also arrange shipments and offer services in the app as well. A shipper will list whatever item needs shipping, while a courier or lone wolf operator can scan the list of items to be shipped. They will fill their unit and haul more. In turn, they will make more money, move more products, and make the system 110 percent more efficient.
Geo Ship can work across the board with a variety of industries, from grocery to vehicle transportation. It will make the entire transportation industry more efficient. The shipper will move more products, and the carrier will improve its income by increasing the amount it is hauling.