The startup offers a rideshare mobile application that provides a premium chauffeur experience by integrating an end-to-end platform for booking customized airport transfers. This platform enhances driver efficiency and earnings while facilitating the consumption and monetization of high-end travel and hospitality services.
Funding
$18M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Travelers often face uncertainty and inflated costs when arranging airport transfers, with traditional services lacking transparency and fixed pricing. Coordinating reliable transportation upon arrival can be stressful, especially in unfamiliar cities or when dealing with flight delays. Drivers and limo companies also struggle with inefficient job assignments and payment delays.
Solution
Koi Ride offers a mobile platform that streamlines airport transfers by providing fixed, transparent pricing and a seamless booking experience. The platform connects passengers with vetted drivers and limo companies, ensuring reliable and hassle-free transportation in over 140 cities globally. Koi Ride's system optimizes driver matching, assigning jobs up to 30 days in advance and increasing driver efficiency. The platform also features a digital wallet for faster payments to drivers and limo companies, improving their earnings and cash flow.
Target Audience
Koi Ride targets travelers seeking reliable and transparent airport transfer services, as well as drivers and limo companies looking to increase efficiency and earnings. The platform also caters to Online Travel Agencies, DMCs, Travel Agencies, and Corporates needing a global transfer solution.
Features
- Mobile app for booking airport transfers with fixed, transparent pricing
- Real-time driver tracking and pre-pickup communication via text message and WhatsApp
- Airport coordinators at major airports for meet-and-greet services
- Digital wallet for drivers with faster payment cycles
- Job assignments scheduled up to 30 days in advance for drivers/limo companies
- API connectivity for Online Travel Agencies
- User-friendly booking engine for DMCs, Travel Agencies, and Corporates with options to create multiple logins with different markups
- 24/7 helpline