Group Ride Share Startup Fetii Beats Odds To Win Mentoring, Funding From Major Accelerator

Founded in August, 2020 Fetii is a ride sharing service that only serves groups using 15-seat vans. However, Fetii owns no vehicles. Rather, it is a technology platform. According to Iommi, 80% of its vehicle supply comes from Fetii passenger service providers, or PSP's modeled after Amazon's

Y Combinator partner Brad Flora said Fetii's unique business and operating models made inviting the company into its fold basically a no-brainer, telling Forbes.com,"Fetii uses technology to take the friction out of booking travel for a group of people. The app makes it seamless for groups to get from point A to B together and handles the awkward task of paying for the ride. Funding this talented team of longtime friends who are already seeing early traction was an easy decision.

New money would certainly give Fetii fuel for its intended expansion plans. Now operating in Austin, College Station and Lubbock, Texas, Iommi says the goal is to expand to new markets. Dallas, Houston and San Antonio, Texas are under consideration along with Y Combinator home base of San Francisco. Indeed, reducing traffic congestion and emissions by transporting people in groups rather than individually is a key element of Fetii's mission.

ycombinator TechCrunch CNBC austin360 AustinChronicle MyABJ cbsaustin fox7austin

Awesome!

Let’s get to work!

Great announcement as YC bets on us to disrupt rideshare! 🚀

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DA: No criminal charges for couple kicked out of ride-share for racist commentsA man and woman who were kicked out of ride-share service over racist comments will not face criminal charges. being an asshole isn't against the law, it's just rude 👎🤮
Source: FOX29philly - 🏆 570. / 51 Read more »

MTA CEO says his kids ride the train where Daniel Enriquez was killed in subway shootingThe MTA’s top boss revealed his children ride the subway line that saw an unprovoked shooting over the weekend that left a Goldman Sachs employee dead.
Source: nypost - 🏆 91. / 67 Read more »

Sweet City RideSpotted this flawless beauty in Cleveland Park. Sweet City Ride is made possible by readers like you! Email your finds to princeofpetworthgmail.com Whoa... just had a Dazed & Confused moment. Classic
Source: PoPville - 🏆 435. / 53 Read more »

Coco Fusco’s Best View of the City Was From a Birthday Boat RideArtist cocofusco1960 answers Curbed's 21Questions
Source: NYMag - 🏆 111. / 63 Read more »

64-year-old bicyclist killed by vehicle during early morning ride, cops sayThe bicyclist was hit early Tuesday in East Brunswick.
Source: njdotcom - 🏆 282. / 63 Read more »

Sweet City RideThanks to B for sending from Hains Point. Sweet City Ride is made possible by readers like you! Email your finds to princeofpetworthgmail.com
Source: PoPville - 🏆 435. / 53 Read more »