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Ivee isn't accepting new investments

Ivee’s deadline was October 1, 2022

Follow the company to stay updated on their progress, including future investment opportunities


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Campaign ended
Logo of Ivee

Ivee

Personalizing the passenger experience
Software SaaS Ridesharing & Carsharing Proprietary Technology Apps Transportation
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Featured image of Ivee
$141,099
Raised
175
Investors
Successfully funded and closed on October 1, 2022.
Invest in Ivee

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Pitch Updates 24 Reviews 48
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Closed on October 1, 2022. Information may not be up-to-date. Campaign closed on October 1, 2022. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Ivee NEVP, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Ivee Crowd SAFE Ivee Form C:A.pdf Ivee Crowd SAFE Tier 2.pdf Ivee Form C.pdf
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Hear from some of the 175 people reserved or invested in Ivee


Show more

Highlights


$1M+ raised
Company has previously raised over $1M in capital
  • Personalized User Experience software for ride-hail, self-driving cars, etc
  • Raised $2M+ to date
  • Founder is a serial entrepreneur with 3 exits
  • Dir. of Engineering has 25+ years leading teams at Microsoft, Lenovo, etc.
  • Revenue channels: revenue share, commerce, & contextual ads
  • Innovation awards: Plug and Play, MediaPost, National Retail Federation
  • Tested in nearly 200K rides

Problem


Mobility as a Service (MaaS) is a massive market


but, MaaS struggles with profits...

  • Net margin ~ 3%
  • Average ride booking = $13.00

...and looming costs make it worse.

  • Worker classification costs
  • City congestion taxes
  • Pollution taxes

How could the passenger experience be better?

Better user experience leads to greater earnings
and customer loyalty

Solution


Cloud-based personalization with Ivee

To create remarkable end-to-end passenger experiences, Ivee's personalization software can be delivered to vehicles and mobile phones. 

Ivee's Cloud Platform combines millions of proprietary data points + dozens of marketplace integrations with the trip details provided by mobility operators.

—
Turn time on the go into experiences
—


Product


Connected cars with Ivee Inside

Mobility as a Service & self-driving vehicles will massively increase the time people spend as passengers.  

Ivee's software turns vehicles into 3rd spaces that are as relaxing as a spa, as productive as an office, and as entertaining as a theater.

With Ivee, users' apps, content, & preferences follow them across vehicles and create whole new use cases for the car and Mobility as a Service.


My phone + Ivee Inside = Better Ride


Personalized

  • Integrated apps
  • Routines


Immersive

  • Big-screen HD media
  • Surround sound


Contextualized

  • Apps & content by use case
  • Recommended pick-up, offers, etc




How it works


Mobility operators integrated with Ivee can offer a personalized ride experience to their passengers.

Traction


Validation

Recognized for Innovation

—
Proven in Market

Passengers & Drivers Love Ivee Inside

—
Ready to Scale

Passengers are ready for Ivee

—

3rd party surveys from Methodify and Feedback Loop show:

  • 35% would pay more per ride for Ivee Inside
  • 60% would switch ride-hail operators for Ivee Inside
  • 71% would pay $5/month+ for Ivee Inside

                       

—
A better User Experience (UX) is more lucrative
Better User Experience ⇒ Greater Earnings + Loyalty

Customers


Launched first mobility operator

Key Details:

  • Integrated with Evolgo's subsidiary Opoli
  • Launched in Teslas in Los Angeles on Jan. 19th, 2022
  • Expanding to 100s of vehicles in 2022
  • Trip details sent to Ivee Cloud


—
Access to 50M passengers/ year


  1. National US operator
  2. Global luxury operator
  3. LA-based operator 

Total vehicles = 20K+ 

Business model


Time = money

Ivee's Better UX software can be monetized in 3 ways:

—
Mobility operators generate earnings
& loyalty with no risk
—

—
First product  ⇒ Big & profitable business
—

Market


Massive first market

The time spent in transit alone is a massive market. McKinsey and Intel value this at $25B and $200B respectively. 

By delivering world-class software and remarkable passenger-centric experiences, Ivee will prosper in this hyper-growth market.

Competition


Ivee solved
what others haven't

—

Vision and strategy


Just the beginning


Ivee's software is designed to span across different form factors and into new verticals in the passenger economy.

Ivee's proprietary data, high passenger engagement, and distribution partnerships create a great fly-wheel effect for continued growth.


Use of funds


Ivee will increase our reach, invest deeper into our software, and expand monetization.  Key milestones include:

  • 3 integrations with ride-hail operators
  • 3M rides per year
  • ARR of $5M+

Funding


$2.3M raised in
pre-seed stage

—

Founders


Alex Giannikoulis | Founder and CEO 

  • 15-years of experience with sales, marketing sales & BD at early-stage start-ups
  • 3-years as a venture capitalist with placements in Snap, Lyft, Zum, JioBit
  • Serial entrepreneur with 3 exits



Deal terms


Valuation cap
$12.5M
The maximum valuation at which your investment converts into equity shares or cash.
Learn more.
Minimum investment
$150
The smallest investment amount that Ivee is accepting.
Learn more
Maximum investment
$107K
The largest investment amount that Ivee is accepting.
Learn more
Funding range
$25K / $1.07M
100% of $25K minimum offering amount has been reached.

Ivee needs to raise $25K before the deadline. The maximum amount Ivee is willing to raise is $1.07M.
Learn more
Deadline
October 1, 2022
Ivee needs to reach their minimum funding goal before the deadline (). If they don’t, all investments will be refunded.
Learn more
Security type
Crowd SAFE
A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event.
Learn more
Discount
20%
If a trigger event for Ivee occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.
Logo of Ivee
Ivee
Personalizing the passenger experience
Promo period Valuation cap
Feb 23 — Jun 10 $11M
Jun 10 — Oct 1 $12.5M
Close
How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Ivee NEVP, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Ivee Crowd SAFE Ivee Form C:A.pdf Ivee Crowd SAFE Tier 2.pdf Ivee Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Ivee.
Invest
$500
Receive
  • Quarterly preview of feature releases
Invest
$1,000
Receive
  • All of the above +
  • Ask Me Anything video call with management team
  • $20 ride credits with Ivee Inside partner
5 investors
Invest
$2,500
Receive
  • All of the above +
  • Invite to launch events with Ivee Inside partners
  • $50 ride credits (total) with Ivee Inside partner
  • Limited (15 left of 20)
6 investors
Invest
$5,000
Receive
  • All of the above +
  • 1:1 call with Ivee's Founder
  • $100 ride credits (total) with Ivee Inside partner
  • Limited (4 left of 10)
4 investors
Invest
$10,000
Receive
  • All of the above +
  • Invite to Ivee's Annual Summit
  • $200 ride credits (total) with Ivee Inside partner
  • Limited (1 left of 5)
Invest
$25,000
Receive
  • All of the above +
  • Dinner with management team at Ivee's Annual Summit
  • $500 ride credits (total) with Ivee Inside partner
  • Limited (2 left of 2)

About Ivee

Legal Name
Ivee NEVP, Inc.
Founded
Apr 2018
Form
Delaware Corporation
Employees
1
Website
goivee.com
Social Media
Headquarters
Google Map location of of Ivee
800 S. Waverly Place , Mount Prospect, IL
Headquarters
800 S. Waverly Place, Mount Prospect, IL, United States 60056

Ivee Team
Everyone helping build Ivee, not limited to employees

Profile picture of Alex Giannikoulis
Alex Giannikoulis
Founder
Serial entrepreneur with 3 exits. * 15-years of experience with sales, marketing sales & BD at early-stage start-ups * 3-years as venture capitalist with placements in Snap, Lyft, Zum, JioBit
Profile picture of Dave Matthews
Dave Matthews
Dir. of Product & UX
18-years experience in UX & graphic design from web, social, and mobile * 14-years working with Ivee's founder
Profile picture of Wes Lathan
Wes Lathan
Director of Engineering
25+ years in engineering and management roles including Fortune 500 Microsoft & Lenovo. Strong background in user management, back-end systems, and cloud-based architecture.
Profile picture of Wendy Wen
Wendy Wen
Director of Operations
8 years experience in management consulting & operations.
Profile picture of Elliot Garbus
Elliot Garbus
Advisor - Automotive
ex VP of Intel's Automotive Division
Profile picture of Chris Saad
Chris Saad
Advisor - Mobility
ex Head of Product, Dev Platform Uber
Profile picture of Peter Sellis
Peter Sellis
Advisor - Monetization
Head of Monetization at Snap
Profile picture of Marni Schapiro
Marni Schapiro
Advisor - Advertising
ex Head of Ad Sales at Google, Snap, Quibi
Profile picture of James Cowen
James Cowen
Advisor - Mobility
ex Head of strategy & corporate development at Gett & Cargo
6 more team members
Alex Giannikoulis
Founder
Dave Matthews
Dir. of Product & UX
Wes Lathan
Director of Engineering
Wendy Wen
Director of Operations
Elliot Garbus
Advisor - Automotive
Chris Saad
Advisor - Mobility
Peter Sellis
Advisor - Monetization
Marni Schapiro
Advisor - Advertising
James Cowen
Advisor - Mobility

Press

Ivee Improves Ride-hailing Personalization with Premium C...
EIN Presswire
·
May 18, 2022

Ivee Logo At TechCrunch Mobility Sessions, Ivee's Marketplace showcases 20+ content options from Paramount, Marvel Studio...

What is IVEE, and Why Could It Make Your Uber Ride More F...
Getjerry Getjerry
·
Apr 27, 2022

Rideshare apps such as Uber and Lyft have become a big part of our lives. They help us avoid driving on dangerous days, a...

Uber and Lyft Rides Could Soon Get a Lot More Entertaining
MotorTrend MotorTrend
·
Mar 28, 2022

IVEE's aftermarket rear seat entertainment system is designed specifically for rideshare vehicles. Tired of watching vide...

On the way to the sustainable mobility revolution - Mobil...
Mobility Makers
·
Nov 25, 2021

Mobility Makers were in the center of sustainable mobility at CoMotion LA '21, the international meeting of the actors wh...

Pilot program offers Uber, Lyft riders massages, immersiv...
Automotive News Automotive News
·
Jan 28, 2021

Pilot program offers Uber, Lyft riders massages, immersive media Picture this: Riders hop into an Uber or other ride-hail...

Chicago startup Ivee is bringing Netflix, massages to rid...
Chicago Inno

A new startup based in Chicago is working to make your Uber ride more enjoyable with the addition of entertainment and co...

Logo of Ivee

Ivee

Ivee successfully raised $141,099 from 175 investors on October 1, 2022
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Dominick, Robert, Felix, Maurice, TRISTIN, and 170 others invested. 48 Reviews
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