11/13/2023 0 Comments Riders shareMotorcycles are notoriously underutilized in the US. “There’s an entire market of twenty million plus ex-riders who are bikeless our goal with subscription services is to provide an economic re-entry point to stimulate responsible ridership across the country.” “We believe subscriptions are key to continued growth in peer-to-peer rentals,” said Cornejo. Now, with the Rider Pass subscription, users will receive an additional 35% off the total price in exchange for a monthly rate of $24. The average price for renting a motorcycle on Riders Share is set by the owners of the bike and is typically around $100 a day including insurance - much more affordable than other motorcycle rental alternatives. The company was part of Techstars Los Angeles ‘19, and is backed by Texas-based LiveOak Venture Partners and other institutional investors. Launched in 2018 by CEO and avid motorcyclist Guillermo Cornejo, Riders Share has powered over 100,000 registered users in its motorcycle rental community, and over 15,000 people have shared their motorcycle on the platform. The Rider Pass subscription pricing plan is an industry-first service for peer-to-peer rentals designed to spur growth and motorcycle ridership as the economy rebounds. AUSTIN, Texas-( BUSINESS WIRE)-The largest motorcycle sharing marketplace, Riders Share, announced today that bikers can now pay a monthly subscription for discounted rides across the motorcycle rental marketplace.
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