PickTaxi is an automated location-based taxi booking service that can be access from smartphones or web.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: New York
State: New York
Zip:
Country: United States
PickTaxi is an automated location-based taxi booking service that can be access from smartphones or web. PickTaxi will use several algorithms to optimize the matching between the rider and the taxi. PickTaxi’s goal is to modernize and improve the taxi industry worldwide. We understand the challenges in this market and how each city is different from its neighbors. We develop our products on mobile and web to allow easy access for both users and drivers can communicate, negotiate and discover each other easily. PickTaxi has already developed several solutions for the taxi industry, notably one for direct user to driver relation (Packtaxi Mobile, Packtaxi Web) and the other one is for taxi fleet management Picktaxi Fleet. Both solutions can be accessed from mobile, tablet or web. There are already a mobile version for android and iPhone. Other mobiles can access HTML5 version which will get location and has the same features. Our PickTaxi Fleet solution enables taxi companies to manage its fleets, quickly respond to requests, monitor gas level in each car and know their location at any point in time. PickTaxi Fleet will record all movements and log them in its database for further analysis later.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2014 | Seed Round | 4 | $273k |
Bashar Hamood Dan David FasterCapital Hesham Zreik Bashar Hamood Dan David FasterCapital Hesham Zreik |
3/2014 | Seed Round | 1 | $274k |
FasterCapital FasterCapital |
11/2015 | Seed Round | 4 | $150k |
Bashar Hamood Dan David FasterCapital Hesham Zreik Bashar Hamood Dan David FasterCapital Hesham Zreik |
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