Airbnb for Motorcycles
Demand for motorcycles has never been higher. The U.S. market was projected to reach five billion dollars in revenue in 2022, and will reach nearly six-and-a-half billion dollars by 2026.
Yet despite high interest, the cost of buying and maintaining a motorcycle makes riding a largely inaccessible hobby. (The average Harley costs more than $20,000, and is ridden less than 2,000 miles a year.)
Riders Share offers a solution. It’s a platform that matches motorcycle owners with vetted renters seeking to take a ride. This enables riders to spend time on a hobby they enjoy, and enables owners to generate income from an asset when they’re not using it. Think of it as Airbnb for motorcycles.
Riders Share is backed by professional investors Techstars and LiveOak Ventures. And it’s been featured in Forbes, Travel & Leisure, and Ride Apart.
The company generated around three-and-a-half million dollars in revenue in 2022.
Prominent accelerator for tech companies. Investments include Uber, ClassPass and Twilio.