Photo - Fijo Technologies Inc.
59334

Fijo Technologies Inc.

USA, California
Market: Transport
Stage of the project: Operating business

Date of last change: 10.01.2023
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equalizer from 2000
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Idea

Rideshare drivers receive only 60% of the fare while doing 100% of the work. Fijo charges a subscription fee on drivers, allowing them to receive 100% of their fare, and riders pay them directly.

Current Status

Pilot program in San Francisco Bay Area since 2022:
450 completed rides.
300 drivers
200 riders

Problem or Opportunity

1. Uber drivers receive only 60% of their fare while doing 100% of the work.
2. Uber drivers cancel rides on the 11th hour, causing missed flights or appointments
3. Scary and Unfamiliar drivers.
4. Drivers unproductive waiting for their next rides.

Solution (product or service)

1. Fijo Drivers receive 100% of their fare and paid directly by riders. Fijo charges drivers a subscription or 99-cents per ride.
2. Fijo riders can book scheduled guaranteed rides (for a fee).
3. Fijo riders can select familiar drivers they have personal relationship with.
4. Fijo optimizes routes for drivers to add courier deliveries along their routes.

Business model

Fijo humanizes ridesharing with a socially impactful and equitable platform with safer rides. Enables drivers to be real entrepreneurs while servicing under privilege markets that have no access to credit or bank cards. Fijo drivers earn 100% of their fares while enabling riders to name their price. Empowers drivers and riders to build trusted relationships with each other.

Incubation/Acceleration programs accomplishment

GSD Venture Studios with Gary Fowler
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Idea
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Finance
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Business model
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