1. DRIVE is a mobile app for car rentals and tours
developed by Drive Manila Transport Services Corp.
Contact us at admin@drivemanila.com and look for
President/Founder Mike Miranda 09267079021
INTRODUCTION
2. DRIVE's purpose is to Make Travel Easy by
allowing travellers to rent a car or join a tour
anywhere in the world. It solves the problem of
fragmented and limited availability of vehicles.
OPPORTUNITY
3. DRIVE will be operating in major cities and
provinces in the world starting in the Philippines.
It is powered by DRIVE communities which is a
network of car owners and tour operators. It is
available 24/7 within the touch of your fingertips.
SOLUTION
4. DRIVE is a 3-way app consists of the DRIVE app
for renters, DRIVE Partner app for drivers and
DRIVE Fleet Manager for car owners. The system
uses closest match algorithm and considers number
coding, destination preference, scheduling, etc.
MAGIC SAUCE
5. BUSINESS
MODEL
Peer to peer car
rental and tours app,
we get to receive
25 percent
commission for
every booking
BUSINESS MODEL
6. DRIVE is being run like a community where the supply
side is built through a weekly Partner Onboarding
Seminar and the demand side is built through FB Ads
and Car Rental Groups. It is expanding like TedX.
MARKETING
7. Our competitors are Hertz, National,
Budget and AVIS in the Philippines.
DRIVE grows organically in Social Media.
COMPETITIVE
ADVANTAGE
8. T h e T e a m
MIKE MIRANDA
President and Founder
Worked for Dell, Google, Microsoft
GRACE MIRANDA
CEO and Co-founder
MAYEE MIRANDA
CHRO and Treasurer
THE TEAM
9. PHP 4000
Average price
per booking
$83M
Value of Car Rental
industry in PH 2018
+10% CAGR
FINANCIALS
TARGET ACTUAL
10. DRIVE is now avail on
Appstore and Playstore
Local leadership now
available in Manila,
Bohol, Cavite, Rizal and
Bataan
Onboarding seminars
simultanously held on all
sites utilizing co-working
spaces.
MILESTONES
11. CAP TABLE
DRIVE initially incorporated with $40,000 initial
capital with 20,000 shares at $4 per share.
Additional funds was injected to the amount of
$40,000 bringing the total valuation to $80,000.
17. INVEST WITH US
Loan at 6% p.a. IR payable
in 5years with Convertible
Note equal to
1% Equity for every USD
200,00
D R I V E P I T C H | M A R 2 0 1 9
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