About Riders Share

Riders Share operates a peer-to-peer motorcycle rental platform that connects motorcycle owners with riders, enabling owners to monetize their vehicles while providing riders with a diverse selection of street-legal motorcycles. The platform addresses the high costs and limited availability of traditional motorcycle rentals by offering a user-friendly interface, flexible insurance options, and a wide range of makes and models for quick booking.

```xml <problem> Traditional motorcycle rental services often suffer from high costs, limited motorcycle selections, and inflexible insurance and cancellation policies. This makes it difficult for riders to find the right motorcycle for their needs and budget, while also creating barriers for motorcycle owners to monetize their vehicles. </problem> <solution> Riders Share operates a peer-to-peer motorcycle rental marketplace that directly connects motorcycle owners with riders seeking short-term rentals. The platform offers a diverse selection of motorcycles, flexible insurance options, and a user-friendly interface for quick booking. By leveraging a community-based approach, Riders Share provides riders with more affordable rental options and enables motorcycle owners to generate income from their underutilized assets. </solution> <features> - Extensive selection of makes and models, from Harley-Davidson to Ducati. - Best-in-class insurance coverage provided by an A-rated insurance provider. - Flexible rescheduling and cancellation policies. - Mobile applications for iOS and Android. - User reviews and ratings to ensure trust and safety. - Gift card options for gifting motorcycle adventures. </features> <target_audience> The primary target audience includes motorcycle enthusiasts seeking affordable and diverse rental options, as well as motorcycle owners looking to earn income by renting out their motorcycles. </target_audience> <revenue_model> Riders Share generates revenue through transaction fees charged on each rental booking facilitated through the platform; the average earning for motorcycle owners is $150 per booking. </revenue_model> ```

What does Riders Share do?

Where is Riders Share located?

Riders Share is based in Austin, United States.

When was Riders Share founded?

Riders Share was founded in 2016.

How much funding has Riders Share raised?

Riders Share has raised 2000000.

Location

Austin, United States

Founded

2016

Funding

2000000

Employees

17 employees

Major Investors

LiveOak Ventures

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Riders Share

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Executive Summary

riders-share.com 500+

Crunchbase

Founded 2016 – Austin, United States

Funding

Estimated Funding

$2M+

Major Investors

LiveOak Ventures

Team (15+)

No team information available.

Company Description

Problem

Traditional motorcycle rental services often suffer from high costs, limited motorcycle selections, and inflexible insurance and cancellation policies. This makes it difficult for riders to find the right motorcycle for their needs and budget, while also creating barriers for motorcycle owners to monetize their vehicles.

Solution

Riders Share operates a peer-to-peer motorcycle rental marketplace that directly connects motorcycle owners with riders seeking short-term rentals. The platform offers a diverse selection of motorcycles, flexible insurance options, and a user-friendly interface for quick booking. By leveraging a community-based approach, Riders Share provides riders with more affordable rental options and enables motorcycle owners to generate income from their underutilized assets.

Features

Extensive selection of makes and models, from Harley-Davidson to Ducati.

Best-in-class insurance coverage provided by an A-rated insurance provider.

Flexible rescheduling and cancellation policies.

Mobile applications for iOS and Android.

User reviews and ratings to ensure trust and safety.

Gift card options for gifting motorcycle adventures.

Target Audience

The primary target audience includes motorcycle enthusiasts seeking affordable and diverse rental options, as well as motorcycle owners looking to earn income by renting out their motorcycles.

Revenue Model

Riders Share generates revenue through transaction fees charged on each rental booking facilitated through the platform; the average earning for motorcycle owners is $150 per booking.