Short Summary

With Hyke, long distance travellers save money by sharing the costs of driving one car, thus reducing single occupancy car trips and passengers save time by not waiting in queues for other inflexible travel options.

Overview

Target
NZ$75,000
Minimum
NZ$2,600
Investment Raised
N/A
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role Any

Highlights

  • Convenience - no need to book a ticket and check-in
  • Approx. 1000 potential users per week
  • Approx. ZAR 288,000 of recurring revenues forecast for Financial Year 1
  • Hyke Business will enable companies to manage a group account
  • GPS enables live tracking of a ride anywhere in SA
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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