DRIVE Pitch Deck as of Jun 06 2019

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Information about DRIVE Pitch Deck as of Jun 06 2019

Published on June 11, 2019

Author: MichaelMiranda45


1. DRIVE is a mobile app for car rentals and tours developed by Drive Manila Transport Services Corp. Contact us at and look for President/Founder Mike Miranda 09267079021 INTRODUCTION

2. DRIVE's purpose is to Make Travel Easy by allowing travellers to rent a car or join a tour anywhere in the world. It solves the problem of fragmented and limited availability of vehicles. OPPORTUNITY

3. DRIVE will be operating in major cities and provinces in the world starting in the Philippines. It is powered by DRIVE communities which is a network of car owners and tour operators. It is available 24/7 within the touch of your fingertips. SOLUTION

4. DRIVE is a 3-way app consists of the DRIVE app for renters, DRIVE Partner app for drivers and DRIVE Fleet Manager for car owners. The system uses closest match algorithm and considers number coding, destination preference, scheduling, etc. MAGIC SAUCE

5. BUSINESS MODEL Peer to peer car rental and tours app, we get to receive 25 percent commission for every booking BUSINESS MODEL

6. DRIVE is being run like a community where the supply side is built through a weekly Partner Onboarding Seminar and the demand side is built through FB Ads and Car Rental Groups. It is expanding like TedX. MARKETING

7. Our competitors are Hertz, National, Budget and AVIS in the Philippines. DRIVE grows organically in Social Media. COMPETITIVE ADVANTAGE

8. T h e T e a m MIKE MIRANDA President and Founder Worked for Dell, Google, Microsoft GRACE MIRANDA CEO and Co-founder MAYEE MIRANDA CHRO and Treasurer THE TEAM

9. PHP 4000 Average price per booking $83M Value of Car Rental industry in PH 2018 +10% CAGR FINANCIALS TARGET ACTUAL

10. DRIVE is now avail on Appstore and Playstore Local leadership now available in Manila, Bohol, Cavite, Rizal and Bataan Onboarding seminars simultanously held on all sites utilizing co-working spaces. MILESTONES

11. CAP TABLE DRIVE initially incorporated with $40,000 initial capital with 20,000 shares at $4 per share. Additional funds was injected to the amount of $40,000 bringing the total valuation to $80,000.






17. INVEST WITH US Loan at 6% p.a. IR payable in 5years with Convertible Note equal to 1% Equity for every USD 200,00 D R I V E P I T C H | M A R 2 0 1 9 S E E D R O U N D U S D 2 , 0 0 0 t o 2 M

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