Autohop

Autohop

Ride sharing in Central Europe.

HQ location
Budapest, Hungary
Website
Launch date
Company register number
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DateInvestorsAmountRound
N/A

€0.0

round
investor

€0.0

round
*

N/A

Growth Equity VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
HUF20112012202220232024
Revenues00000000000000000000
% growth-24 %---
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(90 %)(29 %)---
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Autohop
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Autohop operates as a technology-driven, on-demand ride-sharing service, positioning itself within the urban mobility market. The company, co-founded by Istvan Haidekker, targets individuals in urban areas seeking an alternative to traditional public transport or private taxi services.

The core of Autohop's offering is a mobile application that facilitates real-time ride booking. The business model is centered on shared transportation, where an algorithm calculates the most efficient route for multiple passengers traveling in similar directions. This approach aims to minimize detours and overall journey times. The service operates on a pay-per-use basis, requiring users to add funds to a digital wallet within the app before they can book a ride. The fare is then automatically deducted from this pre-paid balance upon completion of a journey.

The customer journey begins with an ad-hoc booking via the app when a ride is needed. Unlike door-to-door services, the system designates a nearby virtual meeting point, referred to as a "HOP," to which the passenger must walk. This methodology is crucial for the efficiency of the shared-ride model, as it consolidates pickups and streamlines the vehicle's route. The company utilizes a fleet of distinct black and orange Mercedes Vito vans, allowing for easy identification by customers.

Keywords: ride-sharing, on-demand transport, urban mobility, shared rides, carpooling app, public transit alternative, smart mobility, real-time booking, route optimization, digital wallet payment, Mercedes Vito fleet, Istvan Haidekker, shared transportation, mobility service, transit technology, commuter service, app-based transport, dynamic routing

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