Result description
The shared mobility market in Europe is projected to hit €1 trillion by 2030, representing one-third of vehicle sales. With a focus on urban millennials and Gen Z, WAIIS targets 15% of the addressable market by offering cost-efficient and sustainable mobility solutions.
Our results:
- – Validated pilot test in beginning of 2024 with ride-hailing generating first revenues
- – Launch of carpooling pilot end of 2024 with first driver uploading commuting routines representing 11,616 routes annually scheduled in our platform, with: a 99% commute verification success rate; a 94% route completion rate.
Addressing target audiences and expressing needs
- Investor introductions
- Business Angels
- Venture Capital
WAIIS seeks €650k in seed funding to consolidate as the ride sharing app in Spain by:
1. Growing carpooling in Spain;
2. Expanding the rider and driver customer base;
3. Enhancing AI-driven mobility features.
- Public or private funding institutions
- Other Actors who can help us fulfil our market potential
- Private Investors
R&D, Technology and Innovation aspects
WAIIS has succesfully validated the interest in ride-hailing and carpooling services. The immediate next steps include completing the development and launch of its predictive mobility footprint with AI, growing the number of shared rides, and expanding the service into large European cities.
The scalability of WAIIS is demonstrated by its aggressive user and revenue growth targets, supported by a clear expansion strategy into major European cities following its establishment in Spain. The use of a technology-driven platform allows WAIIS to efficiently scale up the number of users and rides without corresponding increases in operational complexity. This is further enhanced by its AI technology, which facilitates the matching of rides and optimizes routes, leading to higher scalability across diverse geographic and demographic markets.
WAIIS’s business model is highly replicable in different markets, especially where there is high demand for efficient and cost-effective mobility solutions. The platform’s design, which integrates different forms of shared mobility and utilizes AI for service optimization, can be replicated in other urban areas where similar transportation challenges exist. Furthermore, its approach of combining technology with practical mobility solutions can be adapted to varying local regulations and consumer behaviors.
Sustainability is a core component of WAIIS’s value proposition. The platform promotes the use of shared rides, which helps reduce the number of vehicles on the road, leading to lower carbon emissions and less traffic congestion. Additionally, the AI-driven system optimizes routes, further enhancing fuel efficiency and reducing environmental impact. WAIIS’s commitment to sustainability is also reflected in its support for the CAE Shared Mobility Law, which provides bonuses for energy savings, aligning with broader environmental goals and regulations.
