Invest in Swift Ride

Flexible instant car access for anyone

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Friends Invest First
Public Launch on Mar 28 @ 9:00 AM ET
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INVESTMENT TERMS
Revenue Share Loan
10% of revenue  1.75X  1.93X payback multiple The company stops sharing their revenue after you have been repaid a multiple of your original investment. An example: if you invest $1000, and the payback multiple is 3X, you have the right to be repaid $3000 over the life of the agreement - your original $1000 plus another $2000.
Investor Perks:
$1K, $1.5K, $2.5K

Highlights

1
$650K revenue in 18 months from launch
2
500% YoY growth
3
800+ people on the waitlist
4
First cars subscribed with $0 marketing spend.

Our Team

Bootstrapped Swift Ride from an idea to $524K in revenue in under 12 months. Raised $130,000 in pre-seed funding from angel investors and early believers. Leveraged AI to cut labor costs by 45% and scale operations efficiently.
Ran a used car dealership before founding Swift Ride—saw the pain of ownership and financing firsthand. Deep understanding of fleet logistics, registration, title work, and car acquisition at scale
Teng ZhangCTO
Ex-Chase Data Scientist with deep backend + AI experience Designed and led the build of Swift Ride’s full tech stack: app, backend, keyless access & admin tools Integrated telematics, Stripe, and real-time support into a seamless, self-hosted system

Car Ownership is a thing of the past


Car ownership is outdated — expensive, inflexible, and debt-driven.

Swift Ride offers a modern alternative: an app-based car subscription built for how people actually live today.

No loans. No long-term commitments. Just gas it up and drive.

We’re on a mission to make access to cars as simple as streaming music — starting in Atlanta.

Traditional car ownership is broken. In America, owning a car means signing up for years of debt, hidden fees, unexpected maintenance, and skyrocketing insurance. It's inflexible, expensive, and often predatory.

Millions of people need access to a car, but not ownership. Especially now—with auto loan delinquencies at a 30-year high and economic uncertainty rising—Americans are looking for a better way.

A flexible, app-based car subscription that eliminates the need for car ownership.

  • Flat monthly rate includes insurance, maintenance, and roadside assistance
  • No down payment, no interest, no long-term commitment
  • Keyless access via mobile app
  • Switch cars, pause anytime, renew with a tap

Just gas it up and drive.

Market Size


Market Opportunity The U.S. car subscription market is expected to reach $12B by 2027. But the bigger picture is:

  • 124 million Americans drive less than 10,000 miles/year
  • Owning a car costs over $10K/year on average
  • The top 10 U.S. cities alone represent a $18B+ opportunity for flexible car access models

We're starting in Atlanta, a high-growth metro where car access is essential and public transit is limited. Swift Ride is uniquely positioned to serve this population with a more affordable, flexible alternative to ownership.

Swift Ride targets urban professionals, gig workers, and digital natives who value flexibility and affordability over traditional car ownership. As commuting patterns shift and consumers embrace subscription-based lifestyles, we’re positioned to become the go-to mobility solution.

There's a plan for everyone

Every new subscriber pays a $200 Refundable Deposit, and signs up for one of four available plans. On day one, each new subscriber is worth at least $499 in revenue.

Our subscription plans:

  • Compact Plan: starting at $299/month
  • Standard Plan: starting at $399/month
  • Premium Plan: starting at $699/month
  • Rideshare Plan: unlimited mileage for gig drivers starting at $299/week


Swift Ride’s Growth Trajectory


We launched in Atlanta and grew from $10,000 in monthly recurring revenue (MRR) in July 2023 to over $42,000 MRR by March 2025. That’s more than a 4x increase in less than 2 years, driven by strong demand, operational efficiency, and product-market fit.


Swift Ride Competition

Car Subscription Services

Examples: Hertz My Car, Subscribe with Enterprise, Flexdrive, Porsche Drive, Audi Select

Value: Offer month-to-month flexibility and vehicle access.

What’s Missing: Most do not include concierge services like delivery, cleaning, maintenance, or vehicle swaps. Swift Ride handles all of that — and more — so you just drive.

Rental Car Delivery Services

Example: Kyte

Value: Delivers rental cars to your door for short-term use.

What’s Missing: No personalization, inconsistent vehicle quality, and limited availability. Swift Ride guarantees clean, pre-selected cars with consistent service and in-app support.

Traditional Rental Cars

Examples: Enterprise, Avis, Hertz

Value: Rent by the day or week, often from airport locations.

What’s Missing: Inconvenient locations, rigid terms, surprise fees, and generic cars. Swift Ride offers premium cars, tech-first convenience, and transparent pricing — all from your phone.

Carsharing Services

Examples: Zipcar, Turo, Getaround

Value: Peer-to-peer or station-based short-term rentals.

What’s Missing: Unreliable availability, inconsistent car quality, and no service support. Swift Ride ensures every vehicle is clean, fueled, maintained, and backed by concierge support.



Others might pivot into our space, but Swift Ride is purpose-built for seamless, subscription-based access — not retrofitted from outdated business models.


*Future revenue projections are not guaranteed

Swift Ride is an asset-light, tech-enabled platform with no physical office, minimal overhead, and a remote team. We own our fleet to ensure quality and unlock long-term value through resale.

  • Revenue grows from $938K in 2025 to $9.9M by 2029
  • Gross margins expand from 45% to 60% as we scale
  • Primary growth driver: Rideshare plan, supplemented by standard, premium, and partner listings
  • Net income reaches $3.3M by 2029, with 50% EBITDA margins
  • Efficiency gains from optimized logistics, fleet density, and declining unit costs

We’re building a profitable, capital-efficient mobility company with strong recurring revenue and meaningful upside.

Funds will be allocated toward:

  • Expanding our engineering and support teams
  • Enhancing our mobile platform and back-office systems
  • Scaling go-to-market efforts
  • Growing in our core and new markets

At Swift Ride, we’ve structured our business into two distinct entities to maximize growth, minimize risk, and create clarity for investors.

  • Swift Ride, Inc. (C-Corp) is the technology company. It owns our app, backend, and brand. This is where we’re raising equity on Wefunder — to scale the tech, support, and go-to-market operations.
  • Swift Ride Holdings, LLC is our fleet company. It owns the vehicles, handles maintenance and insurance, and takes on debt to finance the cars — without diluting equity investors.

This structure gives us the flexibility to grow aggressively while protecting our investors from asset-related liabilities and focusing our raise on high-leverage, tech-driven growth.





Overview