Business
As a guest with any of our Hospitality Partners in Hawaii you have exclusive access to clean-energy vehicles for use by the hour or day. For just $15 per hour, including gas, or $115 per day, you have access to Hybrid-Electric, or all Electric Vehicles directly from your hotel. Make a reservation minutes or month in advance, check-in at the kiosk in your hotel lobby and your GreenCar is brought directly to you from the hotel valet - then enjoy the ride. When you are done, simply return the vehicle with the valet, don't worry about the gas, and check-out at the kiosk. Charges are billed directly to your credit card. Use only what you need and pay for only what you use; saving time, money and Hawaii.
Phase 1: Pilot Program - achieved - ($340,000)
Phase 2: Hospitality Network Operation / Resort & Urban Models - Current Round ($500,000)
Phase 3: Regional Hospitality Network / 12-24 Locations with 3-5 Hospitality Partner Brands ($1,500,000)
Phase 4: Mainland / International market expansion ($ TBD)
$17,500 p/month. This is an anticipated average burn p/hospitality location - depending upon fleet volume at each location.
1-3
Guest with our Hospitality Partners: More than 6.5M visitors to hawaii in 2009.
The typical car rental experience includes a severe inconvenience of access, significant inefficiency of use and a considerable negative Impact on the environment. GreenCar Hawaii provides a more convenient, cost effective and green alternative for car rental on vacation.
Grand Hyatt Kauai & their guests since June 2010.
Pure Kauai Luxury Getaways & their guests since June 2010.
Hyatt Regency Waikiki will be our second Hospitality Partner location launching early 2011.
Regionally the GreenCar market is the more than 6.5M visitors spending over $675M on car rental in Hawaii.
Nationally it is the $20B car rental market, focused around the travel and tourism segments.
Initially sales and marketing are focused on-site at each hospitality location and directly to guest with future reservations. With regional expansion GreenCar will structure a series of partnerships within the travel & tourism market - hospitality, air, wholesale, and online to establish GreenCar as a viable alternative to car rental directly from marquee resorts throughout Hawaii.
Reservations are made on-demand online, over the phone, in person, or at our GreenCar Kiosk, 5 minutes, 5 days, or 5 weeks in advance of requiring a GreenCar. Check-in at the GreenCar Kiosk and get your reservation voucher. Present your voucher at valet services for your GreenCar and drive, drive, drive.
When you are finished, return your GreenCar with the valet, don't worry about the gas - that's on us, and check-out at the GreenCar Kiosk. Charges for the amount hours used the vehicle are charged directly to your credit card: Save time, money and Hawaii.
Traditional car rental.
GreenCar Hawaii provides car rental by the hour directly from hotel and timeshare locations throughout Hawaii.
GreenCar Hawaii provides on-demand access to clean-energy vehicles by the hour, directly from hotel and timeshare locations in Hawaii.
GreenCar Hawaii provides a more convenient, cost effective and green alternative to traditional car rental.
Technology
GreenCar Hawaii is entering an established and proven $675M regional market with an expansion window greater than $20B. Our competitive advantage is a proprietary technology platform enabling on-demand reservations and access matching a users needs directly from their location.
The GreenCar Hospitality Interface Platform (HIP) is a beta technology platform that will be expanded upon through this Series A1 round of financing. HIP is comprised of three primary components: Reservation systems software, Kiosk interface systems - including check-in, payment, driver license scan, and customer mobile and online interface. The innovation pulls from existing, off-the-shelf technology to build a reservation and access platform to specifically allow for car rental by the hour directly from hotel and timeshare properties.
The principles of the GreenCar HIP provide reservations, check-in, access, and check-out of car rental by the hour directly from a visitors hotel or timeshare location.
Customers are ready and willing to make car rental reservations remotely, check-in/out of reservations through a kiosk system and utilize a service that is supported almost exclusively through technology with a limited physical customer service/sales presence.
The HIP technology is in support of our service model, not exclusive to it and the platform is replicable. However, it is the first type technology platform available and can be a plug-in model for any hospitality location providing service for on-demand car rental by the hour.
Team
| Name | Title |
|---|---|
| Justin MacNaughton | CEO |
| Warren Doi | DIRECTOR |
Financials
Series A1 Funds will develop expansion in four principle areas: 1.) Expand operations with Hyatt Corporation to provide service at the Hyatt Regency Waikiki, 2.) Expand existing operations at the Grand Hyatt Kauai, 3.) Expand our beta technology platform into a full-service, plug-n-play platform and, 4.) enable GCH to reach cash flow positive through it operational network at both locations.
| Funding Round | Funding Type | Funding date | Funding Source/ Investors | Amount | Pre-Money valuation |
|---|---|---|---|---|---|
| Series A | Equity | Nov 2010 | 500000 | 1500000 |
Overall, it is a cool concept and works very well in an island setting. I would like to seeyou partner with more green car companies andleverage their marketing muscle also.
Question: How are the hotels helping with your marketing?
