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Ivee
Personalized passenger experiences for ride-hailing services
- 1-20 employees
- B2B
- Transport
- Entertainment
- Digital Media
- SaaS
- Wellbeing
- Chicago Loop, Chicago, IL
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Company mission
To help people make the most of their time on the go. Time in transit will only grow as use of mobility as a service and self driving cars grows. With Ivee, that transit time can be more relaxing, entertaining, and productive.
Our take
Ivee partners with ride-hailing companies and individual drivers to offer headrest-mounted tablets, which can access streaming platforms and other entertainment apps. The company is also aiming to expand its services to include e-commerce apps, games, web browsing, and even rear-seat cushions with massage functions.
The company’s business model is very interesting. As well as winning partnerships with LA-based mobility operator Evolgo, Ivee has been providing its entire tech stack to individual drivers at the likes of Lyft and Uber for free in a bid to drum up consumer (and company) interest. As passengers interact with the setup, intermittent adverts make both driver and company extra money.
It might take some time for Ivee’s offering to really hit the mainstream, and one stumbling block in generating consumer interest may be that the average ride-hailing journey is a relatively short 5 miles.
That being said, founder and CEO Alex Giannikoulis has an impressive business track record, and the company has also gathered a high profile advisory board with experience from Google and Uber, two major factors which should stand Ivee in good stead as it looks to grow.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Remote working opportunities
- Generous vacation policy
- Health insurance stipend
- Learn from high-level advisors and mentors from inside and outside the company.
Company values
- Enhanced – Ivee stands for: “in-vehicle experience, enhanced”. That extra “e” is at the core of everything we do. We aim to exceed our partners’ and customers’ expectations. We pay attention to the little details
- Sustainable – Sustainability goes far beyond Ivee’s mission to reduce Greenhouse Gas Emissions. Sustainability is in every aspect of our decision making. We’re building a business that can sustain itself and will be around for decades
- Creative – Reimagining something like an everyday ride takes creativity. Our team members are multi-faceted and demonstrate playfulness and resourcefulness. We have a fun work environment that embodies innovation
- Resilient– The ivy plant is an evergreen. It endures through the harshest winters and needs very little sunlight and water to survive. Our team epitomizes this same resilience with our entrepreneurial spirit
- Forward-thinking – We value people and partners that bring to life that which doesn’t already exist. We design passenger experiences for a future of self-driving cars
Funding (last 2 of 4 rounds)
Mar 2024
$1.3m
SEED
Nov 2021
$1.2m
SEED
Total funding: $4.6m
This company has top investors
Leadership
Alex Giannikoulis
(CEO)Previous companies include sales agency The Apex Group, which was acquired by Level 3 Communications. Was later a general partner at Chicago-based Graphene Ventures, where they helped lead investment deals in startups like Snapchat, Lyft, Jiobit and Apervita.