Trunkit
P2P trunk-sharing for moving and shipping goods with less environmental impact.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Seed | ||
| Total Funding | 000k | ||
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Trunkit is an innovative startup founded by the Smith brothers—Greg, Carter, and Alex. The company operates in the logistics and transportation market, specifically focusing on package ride-sharing. Trunkit connects individuals who need to transport items with drivers who have extra space in their vehicles. This service is particularly useful for people who find traditional courier services too expensive or inefficient.
The primary clients of Trunkit are individuals and small businesses looking for cost-effective and flexible delivery solutions. By leveraging the unused space in vehicles already on the road, Trunkit offers a more economical and environmentally friendly alternative to traditional courier services.
Trunkit's business model is straightforward. Users post details and pictures of the items they need to be delivered on the Trunkit platform. Drivers, who are also users of the platform, can then choose to accept these delivery requests. Trunkit charges a service and processing fee of 18% of the negotiated delivery price. This fee is how the company generates its revenue.
The platform ensures security and trust through user ratings and reviews, and by verifying the identity of its users. Payments are made directly to drivers every second Saturday for all completed trips, ensuring a reliable income stream for drivers and a dependable service for users.
In summary, Trunkit is revolutionizing the logistics industry by making package delivery more accessible, affordable, and efficient through its ride-sharing model.
Keywords: package ride-sharing, logistics, transportation, cost-effective, flexible delivery, small businesses, user ratings, verified identity, service fee, eco-friendly.