Location: United States
Business Model: Transaction Fee, B2B2C
Category: Delivery, Transportation, Logistics
Geographic Markets: Israel, United States, Russian Federation, United Kingdom
Gett, previously known as GetTaxi, was founded in 2010 by Roi More and Shahar Waiser. In an attempt to bring their taxi-hailing app to users worldwide, the company has raised funding from investors including Access Industries Fund, Swedish firm Vostok New Ventures, Russian firm Baring Vostok Capital Partners, and others. Gett is currently live in Israel, Russia, the UK, and the US, and has expanded from taxi rides to also include deliveries and ordering of various services in some markets. Gett’s 2016 acquisition of Mountview House Group Limited in the UK gives them control over black cab brands Radio Taxis and Xeta as well as corporate transport platform One Transport. As a result, Gett is the biggest taxi app in the UK, with over 11,500 taxis in London alone.
The auto industry has shown great interest in ride-sharing apps. Uber has formed a strategic investment and auto leasing deal with Toyota, and Ford bought shuttle-van startup Chariot in 2016. GM invested in Lyft in the hopes of developing a fleet of autonomous cars, and Gett has received investment from German automaker Volkswagen that is related to bringing on-demand self-driving cars to the public.
Gett offers a mobile app that allows users to order taxis to their location with one tap and enables users to check the fixed price for their journey prior to booking the taxi. Payments are done through the user’s account on the app or website, eliminating the need for users to carry cash.
Gett operating in more than 100 cities including New York, London, Manchester, Liverpool, Edinburgh, Glasgow, Leeds, Moscow, St Petersburg and throughout Israel.
Gett has integrated with Google Maps and with public transportation app Moovit to show Gett’s estimated pickup time, travel time and fare alongside public transportation when they look for directions.
The Due Diligence Report for Gett, prepared with crowd analysis and predictive algorithms, perfect for investment assessment, research and general in depth analysis.
Vostok New Ventures
MCI Capital SA
Gett has more than 150,000 cars on the road around the world and is said to be operating in more than 100 cities, including New York, London, Manchester, Liverpool, Edinburgh, Glasgow, Leeds, Moscow, St Petersburg and throughout Israel. At peak times, there is a Gett ride taking place every second.
Unlike main competitor Uber, Gett offers flat fares and there is no surge in the pricing regardless of the hour, weather, and the demand for cars. Gett enables users to check the fixed price for their journey prior to booking the taxi. Payments are done through the user’s account on the app or website, eliminating the need for users to carry cash.
Gett’s most recent offering, Gett Delivery, launched in January 2017. The service is a co-operation with the Israeli Postal Company, which will allow users to order delivery of and receive registered packages and items (up to two kilograms) from postal branches, via the Gett app within 30 minutes. The service is initially being piloted in Tel Aviv, with plans for expansion if successful.
Uber is a mobile app connecting passengers with drivers for hire.
Lyft is reconnecting people and communities through better transportation.
Hailo is an easy-to-use free smartphone app that allows passengers to get a taxi or licensed car quicker.
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