Mobility as a Service (MaaS) is one of the fastest growing sectors of our economy. Companies like Uber and Lyft have forever transformed the way that we get around.
Yet two issues still remain. One, the quality of one’s experience can vary wildly from ride to ride. Two, even though ridesharing is reducing the number of cars on the road, the positive environmental impacts end there.
eCarra is a company that believes it can address both of those issues.
By offering a consistent ride share experience with a fleet that is entirely made up of high end electric vehicles, eCarra is out to bring a touch of luxury to the rideshare experience. Couple that with the ability to schedule pick ups and establish corporate partnerships, and you’ve got a service that is truly elevating the rideshare experience.
On the environmental impact front, eCarra commits to planting one tree for every ride taken. To date eCarra has already planted 10k+ trees.
The Future of eCarra
Having already secured a partnership deal with Amazon HQ, eCarra is poised to scale rapidly. And with 16k+ subscribers and a 98% retention rate thus far, this goal should be well within their reach.
What Interested Investors Need to Know
Three things that investors should take note of:
- Market Trend: Mobility as a Service (MaaS) is one of the fastest growing sectors in our economy.
- Strong perceived market value: eCarra turned down a $1B offer to purchase their IP.
- Loyal user base: eCarra has a 98% retention rate.