A mobile app for taxi rentals as seamless as car-sharing, that is made possible by running a fleet of private investors’ cars. We help drivers earn money, and help investors multiply their funds.
A running business with $2.5m in annual revenue.
$3bn in Russia, $40-60bn in Europe.
Problem or Opportunity
There's no easy and flexible way to rent a taxi to earn money as a driver.
There's no easy opportunity to invest in taxi industry for a decent return rate as an investor.
Solution (product or service)
Arto is a taxi rental app which teaches a driver how to earn more through taxi. Every car on our platform belongs to private investors who are offered a return rate of 3x to banking rates while keeping cars as a collateral.
Car-sharing companies (Yandex.Driver, Delimobil), taxi companies, rental companies, and taxi rental apps (YouDrive Business, GetCar, Guru Taxi).
Advantages or differentiators
We're the only taxi rental app in Russia that doesn't own any cars. All cars are supplied by investors.
We're the first app for investors who want to invest in taxi industry.
We have created a revolutionary financial tool which combines higher return rates of stock market with security of savings accounts.
Currently we operate in Moscow with $2.5m in revenues. Our five-year plan means that we would generate $20m in Moscow, $30m in Russia and $50m in Europe annually.
We earn $160 on each car monthly. 40% comes from drivers (a 3.9% commission on earnings), 60% comes from investors (a 15% commission on rental rate).
Money will be spent on
Regional expansion, web development and marketing.