Tap2Ride
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Date of Foundation
2019

Tap2Ride

Innovative Ridesharing for Medical Transport

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The Idea origin story

Leveraging Tap2Ride's cutting-edge app technology, we merge a wide array of non-emergency medical transportation services to provide an unmatched ride-sharing experience outdoing conventional providers. We aim to enhance customer gratification and secure a minimum 15% market share currently seized by big players like Uber and Lyft in the upcoming two years. Our methodology guarantees clients receive reliable service from skilled drivers deeply ingrained with NEMT business standards.

The Mission

Creating a unique NEMT marketplace, Tap2Ride unites ridesharing, services and brokers. We aim to capture 30% of the FL market within three years.

Clients

general public, people with disabilities, elderly, clinics, medical centers, hospitals, insurance companies, dialysis centers

Problems we solve

Client’s problem

Your startup Tap2Ride could solve the problem of access to non-emergency medical healthcare for those in need, decrease waiting times, improve service quality and simplify booking procedures. It also ensures rides with trained drivers who understand NEMT requirements better.

Confirmation of problem

many face difficulty reaching medical appointments due to lack of reliable, flexible and accessible transportation options.

Solution

Tap2Ride offers an all-in-one solution for NEMT needs, combining the efficiency of technology, specialized care for patients and convenient ridesharing.

Our technologies

This solution is based on technologies

How it works

Users register on the Tap2Ride app, book rides, get matched with drivers, confirm rides, communicate in-app and give feedback.

Value for the client

Tap2Ride offers a seamless, user-friendly NEMT service ensuring quality, safety, flexibility and cost-effectiveness for diverse needs.

Market and strategy

Market size

8.7 Billion

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

330204

% of the market

Is our goal in the next 3 years

Team

My name’s

Erich Alfonso

My key role in the product

Your key role is being the founder of Tap2Ride and you're responsible for shaping vision, fundraising, team building and decision making.

Team size and key members

CEO Yadira Alvares runs the company. Erika Ledesma, as CFO brings 10 yrs healthcare admin experience. Eliany Herrera manages office operations.

Competitors

Competitors

Possible competitors could additionally include local taxi services, public transportation systems, and other specialized NEMT providers in your operation regions. Also consider any tech-savvy companies that might decide to enter the NEMT market.

Our Advantages

Our product offers an advanced mobile app with a unique dashboard blending geolocation, mapping, machine learning, database tech and payment gateways. Enhanced with cloud computing, security technologies & data analytics for comprehensive customer support.

Business model

We make between 25% to 30% of the trips cost

Traction

Our revenue soared to $2.6 million in 2022, marking a twofold increase, indicative of robust product progression and strong market acceptance.

Boosted by the funding, Tap2Ride will magnify its platform, user base & market presence. Enhancements in dispatch system, marketing outreach, team expansion and tech upgrade are key developments to ensure sustainable growth and solid ROI.

Metrics

Product metrics focus on service quality, driver training proficiency, trip frequency, market reception and growth through new collaborations. Enhancing these elements ensures improved performance and customer satisfaction for an unparalleled ride-sharing experience.

Boasting zero debts with fully owned equipment, our company thrives on robust financial health. Our average net income splendidly accounts for 30% of the gross revenue, underlining profitability and operational efficiency.

Incorporation

Our company incorporated in

Delaware and Florida

Key risks

Major risks include changes in health, safety, and transport regulations; data breaches; driver recruitment and retention issues; stiff competition; technical glitches; scalability problems as the service grows; potential lawsuits due to medical emergencies during transit.

Investments

$

2 million

We raised investments

Our Investors

I’m and owns 100%

Rising Investments

$

From 2 million to 3 million

Currently, we are raising investments

$

14 millions

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

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Additional information

Tap2Ride
Growth
Date of Foundation
2019