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riders share

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Last Update: 277d ago

Reviews: 0

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Motorcycle sharing done right: the marketplace for owners and riders

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Description

Demand for motorcycles has never been higher: U.S. market revenues are projected to hit $5.13B in 2022, and $6.42B by 2026. Yet despite high demand, the cost of motorcycle ownership and maintenance makes riding a largely inaccessible hobby: *Sources: 2021 Motorcycle Statistical Annual Report, Motorcycle Industry Council, US Bureau of Information Statistics, Riders Share internal data. Most motorcycle rental companies charge high rental fees and are available only in limited locations. By leveraging the growing popularity of peer-to-peer exchange, Riders Share brings affordable rental opportunities to enthusiasts everywhere—matching vetted renters with motorcycle owners on an easy-to-use platform. Our motorcycle sharing platform is the largest of its kind—and the safest.
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75% YoY revenue growth rate to ~$3.5M in 2022
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$4.5M raised from LiveOak Ventures, Techstars, Texas HALO
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Proprietary AI risk assessments make renting safer and more profitable
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Industry-leading 47% take rate per rental; 10:1 LTV : CAC ratio
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6.55X more trips and 4X more inventory than leading competitor
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35K+ bookings; 3,600+ listings; perfect 5-star rating on Google
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Featured in Forbes, Travel & Leisure, Robb Report, Ride Apart, and more

valuation cap: $25,000,000

raised: $710,882

Investors: 985

Min. Investment: $150

Min. Goal: $25,000

Max. Goal: $1,235,000

Started: 01/26/23

Ends: 03/27/23

Avg. Investment: $721.71

Last Funded: 802 Days ago

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riders share

Motorcycle sharing done right: the marketplace for owners and riders

Raised: $710,882

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valuation cap: $25,000,000

raised: $710,882

Investors: 985

Min. Investment: $150

Min. Goal: $25,000

Max. Goal: $1,235,000

Started: 01/26/23

Ends: 03/27/23

Avg. Investment: $721.71

Last Funded: 802 Days ago

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