Invest in Swift Ride

What is a Gig Driver?

A gig driver is anyone who earns income by using their vehicle to provide services on platforms like Uber, Lyft, DoorDash, Instacart, Amazon Flex, and others.

36% of U.S. workers now participate in the gig economy with 9% earning money, driving for apps like Uber, Lyft and DoorDash in the past year

For millions of these workers, access to a reliable car isn’t just convenience, it’s their livelihood.

Getting access to cars is a gig driver's pain point

Traditional vehicle ownership creates massive barriers for gig workers, inflexible loans, unpredictable repairs, and rising insurance costs

Swift Ride is the modern solution

A flexible, app-based car subscription built for gig workers by gig workers designed to match the way they actually live and earn. No loans. No long-term contracts. No barriers to getting on the road.

How it works

Subscribe. Choose. Drive. It’s that simple.

📲 Subscribe

Download the app, verify your license, and place a refundable deposit.

🚘 Choose Your Car

Browse real-time inventory. Select the car, pickup date, and location. Confirm instantly all from your phone.

🔑 Drive

Pick up from a nearby Swift Ride lot or, if you’re within 25 miles, we’ll deliver the car to you for free. Unlock with your phone and hit the road. Pause, switch, or extend anytime. Return to pick up location when you no longer need it.

Total Addressable Market (TAM)

🚗 8.5-9M Vehicle-Based Gig Workers in US

The gig economy revolution has created millions of workers who rely on their vehicles as essential tools for earning income. This represents the broadest potential market for Swift Ride's subscription model.

👤 2.7M Drivers Needing Vehicle Access

Nearly one-third of all gig workers lack access to a suitable vehicle for their work, creating a critical gap in the market that Swift Ride is positioned to fill with our flexible subscription model.

🚕 1.5M Active Rideshare Drivers

The rideshare industry alone represents a massive opportunity, with full-time drivers spending upwards of $15K-20K annually on vehicle costs, insurance, and maintenance.

💰 $12B+ Annual Subscription Market Potential

• With an average subscription value of $450/week for rideshare drivers, the total addressable market represents a significant revenue opportunity for Swift Ride.

Beachhead Market: Atlanta

🏙️ 30,000 Active Rideshare Drivers in Atlanta

Atlanta's growing gig economy and limited public transportation make it an ideal launch market with a high concentration of drivers needing reliable vehicle access.

🎯 9,000 Drivers Needing Vehicle Access

Our market research indicates that 30% of Atlanta's rideshare drivers are either renting overpriced vehicles, using outdated cars, or working limited hours due to vehicle constraints.

📊 1,800 Drivers: Realistic Initial Capture (20%)

With focused marketing and proven unit economics, we project capturing 20% of the addressable market within 18 months of targeted operations.

💵 $37.3M Atlanta TAM

At $399/week, our beachhead market alone represents a $37.3M annual revenue opportunity in Atlanta.

Expansion Strategy

Phase 1: 2025 - Atlanta & Miami

• Establish market dominance in Atlanta
• Launch Miami as second market validation
• Build operational playbook for expansion
• Target combined annual revenue of $6M+

Phase 2: 2026 - LA, Dallas, Philadelphia

• Scale to top-tier gig economy markets
• Leverage World Cup event demand
• Introduce fleet management partnerships
• Projected revenue: $12.5M+

Phase 3: 2027 - New York, Boston

• Enter high-density, high-value markets
• Deploy full product suite including premium options
• Scale technology platform for nationwide coverage
• Target revenue: $15M+

Our phased expansion approach allows us to prove and refine our model in manageable markets before tackling the complexities of New York and other major metros, ensuring capital efficiency and operational excellence at scale.

Ride share plan

Every new subscriber pays a $200 refundable deposit and chooses either a daily or weekly charge frequency (minimum is one week). Each new signup generates at least $260 in revenue on day one.

💼 Rideshare Plan – Flat $399/week

Includes:

♾️ Unlimited mileage

🛠️ Unlimited maintenance & roadside assistance

🚕 Eligible for rideshare platforms

📆 Daily payment options available

Initial traction

We launched in Atlanta and grew from $10,000 in Monthly Recurring Revenue (MRR) in July 2023 to over $39,000 MRR by March 2025 — a 4x increase in under 2 years.

⚡️ 18% Growth MoM: Our early months show strong, consistent growth fueled by high local demand and efficient operations.

📱 New App Integration (Nov 2024): A temporary dip occurred during our tech transition — a necessary pause to launch our next-gen platform.

🚗 Plateau: No Inventory (Jan–Mar 2025): Our growth hit a ceiling simply because we ran out of vehicles — we were fully booked out with no cars left to offer. Demand remained strong, but our fleet hit capacity.

The Competition

Car Subscription Services

Examples: Hertz My Car, Subscribe with Enterprise, Flexdrive

✅ What They Offer: Month-to-month flexibility and basic vehicle access.

❌ Why They Fall Short for Gig Drivers:

• No dedicated gig-economy features (mileage tracking, earnings integration)
• Missing essential services that drivers need: same-day maintenance, 24/7 roadside assistance
• Complex approval processes and credit checks slow down access
• Hidden fees that eat into driver earnings
• Limited vehicle selection suitable for rideshare work

Swift Ride Difference: Purpose-built for gig drivers with unlimited mileage, instant approvals, and platform-specific optimizations

Rental Car Services

Examples: Enterprise, Avis, Hertz, Kyte

✅ What They Offer: Short-term rentals with optional delivery

❌ Why They Fall Short for Gig Drivers:

• Prohibitive weekly/monthly rates not optimized for gig economics
• Vehicles not approved for rideshare platforms
• No predictable costs - rates fluctuate wildly during peak times
• Lack of dedicated maintenance and support for high-mileage use
• Additional insurance requirements that increase costs

Swift Ride Difference: Fixed pricing, pre-approved vehicles, and comprehensive commercial insurance included

Carsharing Services

Examples: Zipcar, Turo, Getaround

✅ What They Offer: Peer-to-peer and hourly rentals

❌ Why They Fall Short for Gig Drivers:

• Unpredictable availability during prime earning hours
• Limited selection of rideshare-eligible vehicles
• No professional maintenance or quality control
• Time limits that restrict earning potential
• Lack of commercial insurance coverage

Swift Ride Difference: Dedicated fleet maintained to rideshare standards with guaranteed availability

🚀 Why Swift Ride Wins

Swift Ride is the only platform built specifically for gig economy success:

• Driver-First Technology: Earnings optimization, maintenance scheduling, platform integration
• Rideshare Ready: Every vehicle pre-approved for Uber, Lyft, DoorDash, and more
• Unlimited Earning Potential: True unlimited mileage with no time restrictions
• Predictable Economics: Fixed weekly rates that align with driver cash flow
• Professional Support: 24/7 roadside assistance and same-day maintenance

While others may attempt to serve gig drivers as an afterthought, Swift Ride's entire business model - from our pricing structure to our technology platform - is engineered for driver success. We're not adapting an old model; we're creating the future of gig economy mobility.

Investment Ask

We are raising $2M to:

👨‍💻👩‍💻 Expand our engineering and support teams

📲🔧 Enhance our mobile platform and back-office systems

📈📣 Scale go-to-market efforts

🌍🚗 Grow in our core and new markets

Company Structure

At Swift Ride, we’ve structured our business into two distinct entities to maximize growth, minimize risk, and provide transparency for investors:

💻 Swift Ride, Inc. (C-Corp)

Owns the app, backend, and brand.

📈 Raising equity on Wefunder to scale tech, support, and go-to-market operations.

🚘 Swift Ride Holdings, LLC

Owns the vehicles, manages maintenance & insurance, and secures vehicle financing through debt — ✅ without diluting equity investors.

🛡️ This structure gives us the flexibility to scale aggressively while protecting investors from fleet-related risk and keeping our focus on tech-first, high-leverage growth.

🚀 The Team

Sani Abdullah – CEO

• Electrical Engineer with expertise in AI and software development.
• Driving Swift Ride’s vision of tech-enabled mobility and smart vehicle access.

Teng Zhang – CTO

• Big Data Science and Software Engineering.
• Architecting scalable platforms and AI-powered fleet solutions.

Faizan Naveed – COO

• 4 years managing dealership operations at Atlanta Cars.
• Expert in automotive logistics, customer experience, and scaling ops.

Mukund Kaushik – Advisor

• 25+ years leading digital transformation at Fortune 500 companies, including Honda and Stellantis.
• Expertise in operations, business strategy, and growth.

Cory R. Cox – Advisor

• 20+ years scaling revenue, sales, and go-to-market teams across automotive, SaaS, and fintech.
• Leadership roles at Ford, Nissan, and multiple high-growth startups.

💌 A Letter From the CEO

Dear Investor,

We started Swift Ride because we saw the hustle and the roadblocks.

Gig drivers power today’s economy, but too many are locked out of opportunity because they can't afford a car, get stuck in predatory leases, or waste time with broken systems.

At Swift Ride, we believe access to a car should be as simple and flexible as getting a Netflix subscription not a five-day ordeal at a dealership.

We’re building the platform that lets gig workers hit the road, earn on their terms, and unlock new income with no down payments, no hidden traps, and instant access.

Today, Swift Ride is already serving drivers who deliver, ride-share, hustle, and dream bigger.

We’ve bootstrapped to $39K in monthly recurring revenue, built a waitlist of 1000+ drivers, and proven the need is real and growing fast.

Now, we’re inviting you to join the ride and help power the future of work.

Thank you for believing in a better way.

Sani Abdullah

CEO

Swift Ride