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CIRCLES

Location

South Africa

Sector

Micro Mobility

Stage

Pre-feasibility
Overview

CIRCLES provides a ring-fenced ride-sharing solution for large communities. Our APP features an in app user wallet, CO2 emissions spent plug-in, a ride cost calculator and mobility – CO2 reducing educational content for the everyday user.

CIRCLES as product offers a B2B solution to large communities, such as corporates, who want to track community footprint, reduce single vehicle driving and provide a trusted commute solution for their members. CIRCLE Hosts receive the value added benefit of commute data from within their signed up community, are able to track the reduction of their community CO2 footprint over time while ultimately helping their members reduce their daily commute budget when subscribing to our solution. We offer a start to a sustainable, safer city with a basic lift club mobility option for people who already trust each other. Combating many of South Africa’s daily commute challenges.

Investment Needs

$1 000 000

Investment Project Type:

Private

Invested Value to Date:

$0

Funding Gap:

$1 000 000

Climate Classification:

Ada

Why Investing

1
Clear Path to Success
CIRCLES faces just one key challenge before achieving a high likelihood of corporate subscription in South Africa. Overcoming this hurdle positions us for widespread adoption and success within the corporate sector.
2
Impending Regulatory Compliance
With climate tracking regulations for employee commutes expected in South Africa within the next 2-3 years, our solution is timely. Investing now ensures that listed companies can meet upcoming compliance requirements efficiently.
3
Employee Benefit Appeal
Listed companies are eager to offer their staff alternative commute options within their community. This not only aligns with sustainability goals but also enhances employee satisfaction and well-being, driving corporate interest in our solution.
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