Tuktuk

Traveling in Austin Downtown can be frustrating if you don’t have a car. Austinites rely primarily on Cap Metro Buses or Uber/Lyft for their transportation needs. Although Cap Metro is affordable, it is notorious for transforming short distance rides into cramped, drawn-out bus rides. On the other hand, ride-sharing platforms like Uber and Lyft offer convenience but at a steep premium. On the spectrum of cost & convenience, we find the two options at extremes while lacking a middle ground option. Metropolitan travel needs a solution for the average Austinite.a

- Amassed a 300+ rider app waitlist for UT students in 3 months.

- Signed 16 LOIs with Student organizations ranging from 50-500 students

- Conducted 100+ paid rides on the app since Summer 2022, launching to the public Q2 2023

- Created fully functioning rider and driver beta apps (demo: www.youtube.com/shorts/wWOw6JquIzc)
- Completely bootstrapped and developed in-house

- Raised $12.5K in non-dilutive funding from UT competitions and grants
- Equity fully held by team

- Carried out extensive market research on UT Austin population:
- Completed 35 in-depth one-on-one rider interviews and 20 in-depth driver interviews
- 340 cumulative student online survey responses

Check us out here in UT's official newspaper!
https://thedailytexan.com/2022/09/11/ut-student-startup-tuktuk-provides-budget-friendly-rideshare/

Also check out our insta to see what we've been up to: https://www.instagram.com/drivetuktuk/