# Freebird Rides

Cash and Rewards For Using Uber and Lyft

- Canonical URL: https://wefunder.com/freebird.rides
- Entity ID: wefunder:company:143931
- Last updated: 2026-06-24T05:01:21Z
- Generated at: 2026-06-24T21:47:10Z

## Quick facts
- World class technology stack completed
- First mover advantage with significant barriers to entry
- Over 4 million Freebird Rides completed with our development firm MobileOffer (dba FreeBirdRides)
- Experienced CEO with 3 public market exits and All Star Executive Team
- Proven Product, Market and Fit
- App usage frequency 8+ times per month
- 52% of users acquired through word-of-mouth referral
- Highly scalable business model

## Active fundraises
- wefunder:fundraise:117843: 4(a)(6) open (USD)
- wefunder:fundraise:98560: 4(a)(6) successful (USD)
- wefunder:fundraise:98561: 4(a)(6) successful (USD)

## Story
Freebird is a mobility marketplace that drives consumers to businesses and delivers a guaranteed customer spend. Over $30 million has been invested in the completed technology and has proven results with 4 Million+ Freebird rides completed with verified new customer revenue.Our beta launch has been enormously successful, yielding:30,000+ monthly active users taking more than 4 million Freebird rides Over 500 bars and restaurants on the Freebird platform$3 billion in tracked transactionsPartnerships with leading brands, including Don Julio, Corona, Guinness & Johnnie WalkerNow join us in funding a national rollout of a popular app that's changing the way consumers spend locally! Why Consumers Love FreebirdRedeem promotions, cash back, and rewards when traveling near local businessesWhy Venues Love FreebirdFreebird bring venues new customers and ensures they only pay for ads that bring in verified customer spend.Freebird presents promotions exclusively to highly relevant and proximate customers. Restaurants and bars pay solely for customers who actually visit to redeem offers, rendering it a straightforward, risk-free investment.Freebird's big advantage: unique user dataFreebird's significant advantage is in its unique user data. By integrating with transportation and payment systems, we construct detailed profiles that reveal our users' travel and purchasing patterns, alongside a wealth of information pertaining to their interests, hobbies, and lifestyle.How Freebird Works:Rideshare Consumer: Earns cash and rewards by booking their Uber and Lyft rides through the Freebird app.Destination Businesses: Directly target and acquire/convert/ retain revenue-generating customers by offering cash-back or other rewards, with directly measurable Return-On-Investment (ROI) in a Pay for Transaction.Data platform: Freebird provides its customers access to a proprietary data platform combining rideshare, credit card spend data and user survey information analysis in order to create targeted and more effective offers.Data platform: Freebird provides its customers access to a proprietary data platform combining rideshare, credit card spend data and user survey information analysis in order to create targeted and more effective offers Branded Rides.Brands can own ride categories and sponsor the ride experience and to acquire, convert, and retain customers. During our Beta Launch, Guinness paid for over 5,000 Freebird Safe Rides Home.By delivering instant rideshare credit to Freebird users who booked their ride through Freebird. Guinness experienced significant brand reach and enhancement with over 225,000 views and interactions as a result of the promotion. The beta launch received 600k+ downloads and a 4.8 Star Rating in the App Store:For businesses, Freebird has created the same closed-loop advertising model as Google, but in the physical worldThe business is in control and sets: ride reimbursement amount, the time period offer is available, the budget and then they place that bid on Freebird’s Mobility Marketplace platformThe business only pays IF and WHEN the consumer takes a ride and actually transacts/interacts with that businessFreebird measures these transactions through linked credit cards and shares significant data to target and improve ride offer effectivenessTop volume destinations earn over 20x return on ride spendFor brands, any ride category can be sponsored in any market with points or cash:The brand is front and center, owning the entire ride experience, with clear branding/exposure along with additional engagement solutions (coupons, links for browsing/purchasing)Not viewed as an advertisement and commands deep consumer engagementFreebird provides the capability for branded digital, social, in-app and email messaging with multiple call-to-action moments to drive conversionLeveraging New TechnologySingle Market Target Metrics:Single Location Metrics (representative sampling): National Launch:Note: future projections cannot be guaranteedRevenue ModelFreebirdRides, Inc. has a Contribution Agreement with MobileOffer, Inc. MobileOffer Inc. was the original developer of the technology, and ran the beta tests referenced above. Through the agreement, Freebird Rides, Inc. now holds all intellectual property, software, and patents related to the technology.

## FAQ
1. **How will I know if I’m qualified for the early bird bonus? Why pre-pay without knowing?**
   - Yes, the early bird bonus has been filled. Thank you for your interest!
2. **Are ALL Canadians Blocked from investing in FREEBIRD RIDES?**
   - Hi Bruce, the eligible regions are dictated by the various regulators in each territory. The WeFunder team can answer with respect to your location byb contacting them at 415-209-5902. Hope you are able to join us!
3. **Collin Tedards of Day One Investor reports that you previously raised $30M to develop the app and get to this point. If that is the case, how can you be doing this offering at ~ a $30M pre-money valuation without seriously diluting the founders and/or the $30M investors? Pleas...**
   - Hi Mike, yes the company has raise a total of $30M for the development and testing of the technology stack that operates FreebirdRides. The development capital was used to create our intellectual property that includes all of our software and related patent application. The raise was completed serially with some in common shares, some converts, some preferred, and some debt. As we grew from a development stage company to an operating company, all of the previous capital was converted to a sin...
4. **Has the first $1M of investments been met?**
   - Yes, the first $1M is fully subscribed.
5. **Curious why there's no mention of the pivot from the previous business? Looks like the company was founded in 2015 or 2016 and previously focused on travel rebooking, subsequently raising one or more venture rounds, and a portion (which portion?) of the business acquired by Ca...**
   - Hi Craig, I think you may be looking at a different company. We have only our core business and do not participate in other businesses like travel rebooking etc. No part of our business has been sold to Capital One..

## Team
- Tom Szabo (Chief Executive Officer)
- Kurt Brendlinger (Chief Operating Officer)
- Danielle Thompson (SVP Partner Rides and Content)
- Adam Duro (CTO)
- Ben Lappen (VP Marketing)

## Recent posts
- Register here: www.vatom.com/webinar Join Vatom & J. Bradley Hilton, Chairman of the Hilton Family Office, on Oct 22 for an exclusive webinar on why Hilton is backing this transformative platform redefining digital engagement. (2025-10-20T20:15:35Z)
- Live Now: Freebird Shareholder Webinar 🚀 (2025-03-05T00:59:03Z)
- Happening Soon: Freebird Investor Webinar Starts in 1 Hour! (2025-03-04T23:59:20Z)
- Link To FreebirdRides Shareholder Webinar Tomorrow! 🚀 (2025-03-04T05:07:11Z)
- Exclusive FreebirdRides Shareholder Webinar – Major Announcement! (2025-03-01T18:39:29Z)
- 12 HOURS LEFT TO INVEST! (2024-04-22T16:49:02Z)
- 48 hours left to invest in Freebird Rides! (2024-04-21T22:36:11Z)
- 3 Days Left & 3 Reasons to Invest (2024-04-21T00:14:13Z)
- Meet Our CTO: Adam Duro (2024-04-19T19:48:20Z)
- Sneak peak of Freebird's Creative Campaign (2024-04-18T16:45:09Z)
- Only 5 Days to go! Meet Donna Boesky Mastropasqua (2024-04-17T22:13:57Z)
- Investor Town Hall Recording (2024-02-05T19:19:05Z)
- Freebird Investor Town Hall Today! (2024-02-02T18:17:10Z)
- Founder Q&A with Freebird Rides (2024-01-29T22:24:24Z)
- Freebird: $2M Raised in Opening Weekend! (2023-12-11T20:14:03Z)

## Q&A
- Q: Collin Tedards of Day One Investor reports that you previously raised $30M to develop the app and get to this point. If that is the case, how can you be doing this offering at ~ a $30M pre-money valuation without seriously diluting the founders and/or the $30M investors? Please explain. Thanks.
  - A: Hi Mike, yes the company has raise a total of $30M for the development and testing of the technology stack that operates FreebirdRides. The development capital was used to create our intellectual property that includes all of our software and related patent application. The raise was completed serially with some in common shares, some converts, some preferred, and some debt. As we grew from a development stage company to an operating company, all of the previous capital was converted to a single class of common stock, the same class that we are offering in this round. This was important as we keep our eye on strategies and tactics to not just create shareholder value, but liquidity for our shareholders at an exit as well. Through the various conversion prices and conditions, all of the stakeholders positions were protected and founders and employees have equity with a great opportunity to earn additional equity based on the successful execution of our KPIs.
- Q: How will I know if I’m qualified for the early bird bonus? Why pre-pay without knowing?
  - A: Yes, the early bird bonus has been filled. Thank you for your interest!
- Q: How does freebirds compare to any rewards programs currently being used by Uber and Lyft? Does the freebirds 'proprietary data platform" prevent Uber & Lyft from adapting a program similar to freebird? Any thoughts on other sectors where this rewards ecosystem, might be used? Any traction (partnerships)?
  - A: Hi Denyveaus, all of FreebirdRides promotions, cash back, and awards are always in addition to any offered by a rideshare service. Uber has ended its free loyalty program Uber Rewards so it can move its customers to the subscription-based Uber One membership. Similarly, Lyft has a membership program, Lyft Pink, that offers discounts and benefits with their airline, hotel and credit card partnerships. The FreebirdRides model is to remain agnostic to the brand of rideshare our customers prefer, and to the locations and businesses they frequent. This gives our data platform a unique advantage in our ability to aggregate from all sources to build demographic and geographic insights which are significantly more detailed and valuable than data from just a single source. We have several additional applications in the rewards ecosystem that we will begin announcing early in the year.
- Q: Hi there! Promising company and I have a few questions before investing. 1. Do you have revenue and profitability projections for the next 5 years? If so, can you provide. 2. Some companies here give great updates others not so much. How often can we expect updates as wefunder investors. 3. What are your return strategies for investors. Do you anticipate paying dividends in 3 to 5 years? Do you plan to be acquired, go public, etc.? 4. Why can't uber and lyft just do this? Are you a potential acquisition target for them? Thank you!
  - A: Hi Thomas, thanks for the diligence questions. We haven’t released revenue and profitability projections yet, but will begin to discuss forward-looking data after we complete the capital campaign. A good cornerstone to consider for FreebirdRides is that our model is designed to make each new region profitable on a stand-alone basis in the thirteenth month after that regions launch. This allows us to efficiently recoup launch costs, and equally as important, allows our launch team to develop best practices that can be replicated in each new region. We have KPI’s in place that measure all of the critical internal data so we can constantly improve our process as we roll out. We intend to provide regular updates, both on a scheduled basis and as newsworthy events occur. Several of the previous companies I founded and managed were fortunate enough to have successful IPO’s, so I have become accustomed to providing the required quarterly 10Q and annual 10K reports to shareholders over the many years of running those public companies. We haven’t declared a dividend strategy yet as most of the early profits will be used to fuel accelerated growth, but as the business matures, it is certainly something for the management and the board to consider. Our primary focus this year is to build shareholder value, and certainly with an eye towards shareholder liquidity, be it M&A or public markets. We strive to become an an attractive acquisition target and are building the business to appeal to several sectors. With respect to rideshare standalone strategies, we differentiate significantly from what rideshare companies offer and are capable of developing, as we are rideshare and customer agnostic and are able to aggregate data from all sources to build unique and significantly more valuable demographic and geographic data.
- Q: I’ve not seen an update since Dec of 2023. Are you out of business?
- Q: Are there any exit plans?
- Q: Exit plan?
- Q: Hi, I invested $500 via wefunder 2024. Can i please get an update? thanks Norm
- Q: Can I receive an company and my investment status report?
- Q: Hello Freebird and Vatom team, the early investors and awaiting an update. And of course wishing for continued success! Thanks.
- Q: Hi Freebird/Vatom team, I'm wondering if you have any updates for 2025 for your investors? Thanks!
- Q: When will we an update on terms of our investments after acquisition to Vatom? I attended the webinar and had a phone call with your representative, but they were unable to provide any significant information about the new agreement or what that meant to me as an investor in Freebirds other than it was going to be a good investment to hold.
- Q: I understand that Freebird Rides is being acquired by Vatom. Please post a link to the recording of the recent webinar. I am looking for what action is required on my part as an investor in Freebird Rides. Tahnks.
- Q: Is it true you are considering being sold to Vatom Inc? Today, I received an email indicating as much. I was advised to call a rep to discuss the option. Legit?
- Q: Hi Freebird team, I'm an investor and missed the webinar. Myself and others have asked for the replay of the webinar. Can you please email the investors the webinar so that we know where we stand with the Vatom partnership and any other updates and details? Thanks.