Raise closed, search for fresh raises on Seedstage
Los Gatos, CA
Expansion of a subscription-based rideshare network to enhance driver earnings and operational efficiency.
- Mission: Transforming the rideshare industry by offering a subscription-based model that allows drivers to keep 100% of their earnings, promoting fairness and transparency.
- Innovation: A unique business model where drivers pay a monthly subscription fee, retain all fares and tips, and avoid hidden costs, improving the financial sustainability of rideshare driving.
- Market Opportunity: Aiming to disrupt the traditional rideshare market by eliminating surge pricing and offering riders reasonable fares while supporting drivers with higher earnings.
- Growth Strategy: Expanding operations beyond Phoenix to other cities, with plans to further develop the technology platform to enhance customer experience and operational efficiency.
- Driver-Centric Approach: Creating a more rewarding income stream for drivers by ensuring they retain all of their earnings, promoting transparency and equity in the rideshare sector.
HUM Inc., operating under the brand HUM Rideshare, offers a unique subscription-based transportation network service. Drivers subscribe to HUM, undergo background checks, and pay a monthly fee in exchange for keeping 100% of the fare, tips, and other related earnings after transaction processing fees.
The company aims to modernize the rideshare industry by focusing on improving the driver’s share of earnings and offering a more sustainable business model for both drivers and customers. HUM Inc. plans to use the funds raised to expand its operations and further develop its technology platform to improve customer experience and operational efficiency.
The company is targeting both individual investors and institutional partners, aiming to capture a larger share of the growing rideshare market while providing a reliable and rewarding income stream for its drivers.
Company Info
HUM Rideshare is a transportation service in Phoenix that allows drivers to keep 100% of their fares while offering riders reasonable pricing without surge charges.
HUM Rideshare is a transportation service based in Phoenix, Arizona, that offers a platform for drivers and riders. The service allows drivers to retain 100% of their fares, ensuring that earnings are transparent and without hidden costs. Riders benefit from reasonable fares without the experience of surge pricing, which is often associated with other rideshare services. The company aims to create a fair and equitable environment for both drivers and passengers. Currently operational in Phoenix, HUM Rideshare is looking to expand its services to other cities. The platform emphasizes the importance of maintaining clear communication and user-friendly experiences for both drivers and riders, while also providing opportunities for drivers to join and start driving through its app.





