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Obi’s deadline was October 21, 2017

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Campaign ended
2nd campaign Funded
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Obi

All-in-one ride hailing app
Ridesharing & Carsharing Immigrant Founders B2C Apps
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$886,536
Total raised in 3 campaigns
1,597
Investors in 3 campaigns
Successfully funded and closed on October 21, 2017.
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Closed on October 21, 2017. Information may not be up-to-date. Campaign closed on October 21, 2017. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Bellhop Technologies Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Obi Crowd SAFE Bellhop - Information Statement and Conversion Notice (effective as of 1.13.2021).pdf Bellhop - Voting Agreement (effective as of 1.13.2021).pdf Bellhop - Investors' Rights Agreement (effective as of 1.13.2021).pdf Bellhop - Rights of First Refusal and Co-Sale Agreement (effective as of 1.13.2021).pdf Bellhop - Stock Purchase Agreement (effective as of 1.13.2021).pdf
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Hear from some of the 427 investors in Obi


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Due to overwhelming demand from potential investors and the fact the maximum funding on our first campaign was reached so quickly, Bellhop is delighted to announce this second and final campaign! This second campaign will end October 20 to give everyone a fair chance to participate. Please note however we will not do any further public rounds so this will be your final opportunity. We want to thank the hundreds of supporters who so quickly oversubscribed the first campaign. Your feedback, comments and encouragement have been inspiring and we're delighted you are joining us on this incredible journey!


Deal highlights

  • The first all-in-one ride-hailing app, allowing users to pick & choose the best value
  • Disrupting the traditional ride-hailing app marketplace — bringing transparency, competition and choice to the user
  • Integrates with major service providers globally including Uber and Lyft, with more on the way
  • Marketing to 30 million passengers at JFK through partnership with Port Authority of NY & NJ. Expanding to Newark and La Guardia airports next
  • Targeting $11+ billion on-demand ride-hailing market
  • In public beta testing with official launch Q4 2017

Overview

Bellhop is the first all-in-one app connecting consumers to the best ride-hailing services, empowering them to make smarter decisions. We work with companies such as Uber and Lyft, and leverage their APIs to give consumers access to book rides directly through Bellhop. We make money by taking a commission from these ride-hailing companies on processed transactions. Consumers pay the same price within Bellhop as they would pay if they were to use each ride-hailing app separately.

15% of Americans have already used a ride-hailing app and this market is one of the fastest growing sectors. New ride hailing apps are launching all the time. The business model is already established and competition is growing, making it the perfect market to provide comparison shopping and transparency through our platform.


The problem:

There are too many ride-hailing apps for the user to easily manage and compare, and with new apps constantly appearing it's become impossible for consumers to find the best value.

Dozens of ride-hailing apps have launched in 2017 alone. The average smartphone user opens only 9 apps per day, making managing several ride hailing apps unrealistic.

The consumer often doesn't know what exists and is left with too many choices and too little transparency. 


Furthermore, It’s practically impossible to compare across multiple apps to find the best price or wait time for your ride. The end result: frustration, lack of competition and no consumer choice. That’s where Bellhop comes in.

Bellhop is the all-in-one app that allows you to compare multiple ride-hailing services in one place and order a ride. 

We make your life easier by bringing multiple apps under one roof.


Bellhop brings its users:

  • Transparency – consumers can shop across multiple ride-hailing apps including car pooling and taxis all within one app
  • Product access – easier access to both existing and new apps the consumer may never get to see
  • Savings – significant time and money savings on every ride
  • Data and Space – Fewer apps saves memory and space on smart phones
  • Easier Life – Most importantly, Bellhop makes digital lives easier

What our customers say:

How it works:

Bellhop has been designed to be as easy to use as possible, and works the same familiar way the individual apps work. 

Simply:

  • Open the Bellhop app,

  • Enter your destination,

  • Pick from the options multiple apps provide, based on your preference (pricing, wait time, car type, etc.)

  • Tap to order a car! All within Bellhop. It’s that easy.

You get the convenience of quickly hailing a car, plus the power to compare options across all providers.

This means there’s no need to open Uber, and then Lyft to see which is better.

Best of all, you pay the same price for greater choice. Bellhop takes a commission from the service provider, so you don’t pay an extra cent.

One of the primary value propositions of Bellhop is the peace of mind no matter where you go. If you are traveling and land in a foreign country or different state you may not be aware of localized ride hailing options. Austin, TX, for example, has no Lyft or Uber within the city limits. Yet with Bellhop, you will open just one app and have all the local options.

Business model

Bellhop is an aggregator of on-demand ride-hailing apps. We make money by taking a commission on transactions processed from our suppliers (e.g. Lyft). We can quickly add new suppliers through their APIs, making our footprint equal to the footprint of all suppliers combined and making the platform easily scalable. 

Bringing value to partners

Bellhop's technology has been built to enable it to provide B2B solutions for companies such as Amazon Alexa or Google Home, and other service apps to power their products. We've already been contacted by some major companies about both white label and feeds of our APIs into their products.

Ride hailing landscape

Bellhop is the first to market in this space and we plan to use the first mover advantage to remain the clear market leader.

Bellhop is uniquely positioned as the first all-in-one ride-hailing app. 

Google Maps integrates with some ride-hailing services, but they merely link to apps, i.e. the consumer still needs to download, register and book using the underlying ride-hailing app.

Other apps that allow to compare services charge consumers a commission for the privilege of comparison shopping, which turns users away.

Next: New York launch

In New York, there are currently 712,000 daily rides, growing to over 1 million in 2018. We are launching and targeting our marketing efforts to New York City as one of the most active ride hailing markets globally.

Our initial goal is to capture 7% of that market and achieve 2.5 million app downloads and 50,000 transactions within 12 months. To put this into perspective, Uber and Lyft alone currently generate over 130,000 daily downloads of their app.

Bellhop has an experienced team of full time staff as well as advisors who have run global marketing teams and have in-depth product launch experience.  We will start by using social media channels to drive downloads, ground support and adoption, getting users aware and engaged in our product. In parallel, we will use traditional and non-traditional PR to get mass exposure as quickly as possible, utilizing personal and professional networks of our team and advisors. Finally, stages 2 and 3 of our marketing outreach will involve more traditional paid ads, email, and strategic partnerships.

Port Authority of NY & NJ airport pilot

We’re currently in the process of kicking off a pilot with the Port Authority of NY & NJ - they own and operate the three major airports in the region (La Guardia, JFK, and Newark), and are expecting to launch this pilot in November 2017.

Right now, the average wait time at JFK’s Terminal 4 taxi lines is 15–20 minutes, and during rush hour can go over 45 minutes. 

They're working with Bellhop to completely revamp the entire experience for travelers coming through the airport. In short, travelers will have two options: they can either wait in the regular taxi line, or download Bellhop to hail a taxi or Uber/Lyft/super shuttle etc with a wait time less than 3 minutes on average. 

We're starting with all terminals at JFK which has 30 million inbound passengers per year! They also want to work with us for every terminal at La Guardia and Newark. We hope to then expand this to many other airports in the country, and then other countries around the world.

What's next? Long term plans

Building on our scalable model and technology platform, we aim to launch in multiple verticals to make Bellhop the go-to app consolidating dozens of on-demand services.

Once customers are familiar with Bellhop and are using the app for ride-hailing, they will become receptive to other additional on-demand services provided with the same unique user experience.

We see a unique opportunity in industries like restaurant reservations, food delivery, entertainment and other on-demand verticals where, just like ride-hailing, users are currently unable to compare these products and there is no transparency.


Whether it is for dry cleaning, food delivery or ordering a ride-sharing service, this one app will do it all for you.

That's where the name Bellhop comes from. It's based on the concept of a hotel concierge that gives you incredible service and makes your life and travel so much easier.

Honors and awards:

Bellhop has been accelerated and incubated, won awards, and has been invited to present at major conferences.

Why Invest?

Additional funding will allow us to add national, global and regional new players at an accelerated rate.

Bellhop is well positioned to lead in this growing and lucrative market. The total addressable market in the US for consolidating on-demand services could reach $70 billion.

Team

Payam Safa studied Computer Science & Engineering graduating Cum Laude Honors from UCLA. He began his career programming drones and satellites for the US government with security clearance. Next, as a consultant for Accenture, he built enterprise systems for Fortune 500 companies. After an MBA at INSEAD, where he was the Co-President of the Real Estate Club, he moved to Indonesia to co-found a hotel chain. Continuing his entrepreneurial journey, he founded Chanelink, the first channel manager in Indonesia. He is using his unique experience as technologist building a hotel chain to make Bellhop a market leader and a first all-in-one on-demand services app.

Nick Ferris has launched dozens of online products across B2B and B2C including the first financial search engine and social networking site. He was named Marketer of the Year in 2015 and most recently as COO of Simpler Trading overseeing the restructuring of America’s largest financial training company.

Kevin Ross is a data-driven growth hacker and digital strategist with 8+ years experience developing brands, products, and experiences. During this time, he’s worked on hundreds of projects as a growth hacker, occupying roles at every level starting as a freelancer to generating over $1 million in digital ad revenue as Head of Digital Strategy for two major college-based publications.

Our advisors are world class. Beth ran product teams at Grubhub and Expedia. Jason led marketing at Google Play music and has been CMO at a couple venture backed businesses. Dimitrios was a Senior Manager at McKinsey and helped lead their ventures group. Norm is a travel technology adviser and consultant to a variety of travel companies.

A letter from the founder

First and foremost, thank you for taking the time to learn about Bellhop’s mission. We have an incredible team who have helped us build this product and with your help we can further accelerate our growth as we launch our major marketing campaigns in Q4 this year.

Let’s just talk about ride hailing for a second. This is the market we’ve chosen to prove our platform and initially grow our business. But we have grand plans to move into food delivery, restaurant reservations, entertainment and many other areas where our model is easily applicable. 

By disrupting the current app market, we plan to become a powerful force in on-demand services. Just imagine what we can do for food delivery and other sectors - giving you the same power of choice, and sizable cost savings. 

Within food delivery alone, the top players are Seamless/Grubhub, Postmates, Door Dash, Caviar, Uber Eats, and delivery.com. With Bellhop, you wouldn't have to figure out which restaurant is within which app, or which app can deliver food to you as fast as possible. Our mission is to quickly enter these other verticals as we grow. The more services we add, the easier your digital life becomes.

We see Bellhop replacing literally dozens of apps driving choice, competition and making your digital life so much easier. And that is just the beginning.

Bellhop beta is already live. You can download it from the iOS App Store today. The Android version comes out later this year. We hope you enjoy it and please come on this incredible journey with us!
– Payam Safa

Deal terms


Valuation cap

$5,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Obi occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Obi is accepting.
Learn more

Funding goal

$428K

Obi must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $428K.
Learn more

Deadline
Obi needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Bellhop Technologies Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Obi Crowd SAFE Bellhop - Information Statement and Conversion Notice (effective as of 1.13.2021).pdf Bellhop - Voting Agreement (effective as of 1.13.2021).pdf Bellhop - Investors' Rights Agreement (effective as of 1.13.2021).pdf Bellhop - Rights of First Refusal and Co-Sale Agreement (effective as of 1.13.2021).pdf Bellhop - Stock Purchase Agreement (effective as of 1.13.2021).pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Obi.
Invest
$100
Receive
  • Your name will be written on our website (with your consent) as a Thank You!
Invest
$250
Receive
  • All the above + Bellhop laptop sticker
Invest
$500
Receive
  • All the above + Bellhop T-shirt
Invest
$1,000
Receive
  • All the above + $25 gift card for ride-hailing
Invest
$2,500
Receive
  • All the above + $50 gift card for ride-hailing
Invest
$5,000
Receive
  • All the above + become a Bellhop VIP - exclusive early access to Beta products and parties / events.
Invest
$10,000
Receive
  • All the above + lunch meeting with the Founder
Invest
$25,000
Receive
  • All the above + free flight to NYC (up to $400 value) to meet with the Founding team over dinner.

Why others invested

See all reviews (0) See all (0)

I truly believe this company has its "finger on the pulse" with this endeavor. Ride sharing and other like minded ideas are a way of the future. Bellhop has found a way to optimize this.

Profile picture of Jason Cortez
Jason Cortez
Investor
over 7 years ago

Driverless car is the future. This is the best time to develop this kind of app. There has so many potential uses. Call me if you need a product manager or strategy innovation.

Profile picture of Richard Balauro
Richard Balauro
Investor
over 7 years ago

I invested because I believe this app is to ride share services such as Uber and Lyft as Trivago is to hotels and I believe that millenials are a prime target for market share..

Profile picture of Peter Chrustowski
Peter Chrustowski
Active investor
over 7 years ago

About Obi

Legal Name
Bellhop Technologies Inc.
Founded
Apr 2014
Form
Delaware Corporation
Employees
2
Website
rideobi.com
Social Media
Headquarters
Google Map location of of Obi
137 West 25th Street , New York, NY
Headquarters
137 West 25th Street, New York, NY, United States 10001

Obi Team
Everyone helping build Obi, not limited to employees

Profile picture of Payam Safa
Payam Safa
Founder & CEO
Featured in Superheroes · Read
Founder & CEO, Chanelink; Co-Founder & Commercial Director, Batiqa Hotels; Consultant, Accenture; Software Engineer, Northrop Grumman; MBA, INSEAD; BSc Computer Science, UCLA
Profile picture of Kevin Ross
Kevin Ross
Head of Growth
Creative Director, Apex Artistry; Head of Growth and Technology, University Primetime; Interim CEO, Yilb; Strategic Marketing, Warner Music; Marketing & Branding, Sony Music; Freelance Digital Strategist & Creative.
Profile picture of Beth Birnbaum
Beth Birnbaum
Product Advisor
SVP Product, GrubHub; VP Product, Expedia; Senior Director Connectivity Partnerships, Expedia; Director Product, Travelocity; MBA, INSEAD; BA Economics, Yale
Profile picture of Dimitrios Skaltsas
Dimitrios Skaltsas
Business Development Advisor
Senior Manager, McKinsey; Domain Manager, McKinsey New Ventures; Co-Founder, Arura Foods; MBA, INSEAD
Profile picture of Jason Shafton
Jason Shafton
Marketing Advisor
Co-Founder & SVP Marketing, Heal; Founder & CEO, Rubber Room Records; Executive Director & Chairman, Brute; Chief Product Officer, Goodworld; VP Marketing, Comedy Central; Head of Google Play Marketing, Google
Profile picture of  Josef Richter
Josef Richter
UI/UX
Founder, appca.team; Mobile App Specialist, iphonedesign.info; COO Goldfingr; Senior Consultant, E&Y; YCombinator
Profile picture of Norm Rose
Norm Rose
Travel Technology Advisor
President, Travel Tech Consulting; Senior Technology Analyst, PhoCusWright; Corporate Travel Manager, Sun Microsystems; Corporate Sales Manager, United Airlines
Profile picture of Sebastian Sztemberg
Sebastian Sztemberg
Mobile Engineer
Profile picture of Damian Bronecki
Damian Bronecki
Back-End Engineer
6 more team members
Sebastian Sztemberg
Mobile Engineer
Payam Safa
Founder & CEO
Damian Bronecki
Back-End Engineer
Kevin Ross
Head of Growth
Beth Birnbaum
Product Advisor
Dimitrios Skaltsas
Business Development Advisor
Jason Shafton
Marketing Advisor
Josef Richter
UI/UX
Norm Rose
Travel Technology Advisor

Press

028 - Payam Safa of Bellhop -Transparent Transportation -...
Travel Is Your Business Travel Is Your Business
·
Jan 16, 2018

Podcast: Play in new window | Download (Duration: 47:20 - 65.1MB) Subscribe: Apple Podcasts | Android | Google Play | RSS...

Entrepreneurs Learn to Survive and Thrive
HuffPost HuffPost
·
Oct 10, 2017

Last month, I registered as press to join hundreds of international guests for the inaugural Survive and Thrive bootcamp ...

Combine All Ride-Hailing Apps With Bellhop - Technori
Technori Technori
·
Sep 7, 2017

New York-based startup Bellhop puts Uber, Lyft, and others like Curb into one big list. Select the best value, and know y...

The Best Travel Startups Selected to Join Plug and Play's...
PRWeb PRWeb
·
May 12, 2016

After sourcing over 800 startups, Plug and Play's Travel & Hospitality Innovation Platform has accepted 18 startups into ...

EyeforTravel San Francisco Summit 2018
EyeforTravel San Francisco Summit 2018 EyeforTravel San Francisco Summit 2018

The Digital Big Bang in Travel: Does Your Strategy Stack Up?

Logo of Obi

Obi

Obi successfully raised $247,436 from 427 investors on October 21, 2017
Profile picture of Juan Munoz
Profile picture of Mark M
Profile picture of Shubneet (Shub) Virk
Profile picture of Peter Chrustowski
Profile picture of Alimu Jalloh
Juan, Mark, Shubneet (Shub), Peter, Alimu, and 422 others invested. 119 Reviews
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