Opportunity: A platform revolutionising airport parking by turning idle parked vehicles into rental cars, providing car owners with an income stream and travellers with affordable, convenient rental options.

Market: The $100 billion global car rental market is growing at a CAGR of 8%. With high demand for peer-to-peer and sustainable mobility solutions, this platform focuses on major international airports, where demand for rentals is substantial.

Competitive Advantage: Unlike traditional fleet-based car rental models, this platform eliminates the need for car owners to be present and collaborates directly with airports, creating a seamless and unique customer experience.

Strategic Focus: Expanding into key international airport hubs, launching a mobile app, and building strategic partnerships with airports and travel-related services to enhance the user experience.

Investment Required: Supporting expansion to additional markets, further technology development, and increasing user acquisition.

Location: International (focused on major airport hubs)
Sector: Mobility / Travel-Tech
Investment Sought: Ready for investment
Equity Offered: SEIS/EIS eligible

The Business: This innovative peer-to-peer car rental platform transforms airport parking by turning parked vehicles into rental cars. Car owners earn income while their vehicles are parked, and travellers benefit from cost-effective, convenient rentals. The platform handles all aspects of the rental process, including insurance and compliance, offering a secure and hassle-free experience. By leveraging idle vehicles in airport car parks, the business taps into a valuable and underutilised resource while solving inefficiencies in traditional parking and rental services.

The Market: The global car rental market, valued at $100 billion, is rapidly expanding, with peer-to-peer models gaining traction. This platform targets international airports, capitalising on growing demand for efficient and affordable rental solutions. With projected annual growth of 8%, the platform is well-positioned to meet the increasing need for sustainable and innovative mobility services.

Traction and Achievements:

• Fully operational platform, live at key airport locations.

• Secured €300,000 in committed funding and strong investor interest.

• Developed partnerships with insurance providers and travel-related services to enhance the customer experience.

• Mobile app under development to streamline accessibility and user engagement.

The Competition: Traditional car rental companies like Hertz and Avis operate on fleet-based models, while peer-to-peer platforms like Turo often require personal handovers. This platform is uniquely focused on airports, where it eliminates the need for car owners to be present and collaborates directly with airports to optimise parking resources and revenue generation.

Growth & Future Prospects:
Key growth opportunities include:

• Expanding to additional international airports to scale operations.

• Launching a mobile app to enhance customer accessibility and engagement.

• Building strategic partnerships with airports to strengthen market positioning.
  Potential exit strategies involve acquisition by a major car rental company or expansion through a franchise model.

Risk Warning: Investing in early-stage businesses involves significant risks, including illiquidity, loss of investment, and dilution. Investments of this nature should be part of a diversified portfolio. These opportunities are not covered by the Financial Services Compensation Scheme (FSCS). Seek independent financial advice before proceeding.