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Empower logo — Transforming the "Gig Economy"

Empower

Transforming the "Gig Economy"

Founded 2019 United States Mclean, United States 41 employees Series Unknown Information Technology, Platforms

General Information

Company Name Empower
Founded Year 2019
Location United States Mclean, United States +1
Employees 41
Industries Information Technology, Platforms
Funding Stage Series Unknown
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About Empower

Empower is a United States-based startup that aims to revolutionize the "Gig Economy" by empowering hard-working Americans to achieve a sustainable income. The company's innovative software is specifically designed for the rideshare industry, providing drivers with the tools to take control of their financial future and offering riders safe and affordable transportation options. Empower's disruptive approach lies in providing software that decentralizes transportation decisions, allowing drivers to set their own rates and receive 100% of the payment, thus enabling them to establish and grow their business independently. One key advantage of Empower's software is that it enables riders to enjoy a 15-20% reduction in fares on average while gaining increased control over their choice of driver. This disruptive model not only benefits drivers but also delivers tangible advantages to riders, setting Empower apart from traditional rideshare services such as Uber or Lyft. Founded in 2019, Empower operates in the Information Technology and Platforms industries. The startup received its Venture - Series Unknown investment on 14 October 2022. Although the specific details of this investment, such as the amount and investors involved, are not provided, it highlights the continued interest and support for Empower's transformative vision within the rideshare industry. With its motto "TOGETHER WE WILL EMPOWER," Empower signifies a commitment to driving positive change and success for both drivers and riders.

Taxonomy: Rideshare industry disruption, Decentralized transportation, Empowerment software, Driver empowerment, Rider empowerment, Sustainable living, Financial control for drivers, Affordable transportation solutions, Business growth empowerment, Software innovation, Rider-driver choice, Cost-effective transportation, Gig economy transformation, Rideshare business model disruption

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture - Series Unknown •••••• - 14 Oct 2022
Venture - Series Unknown •••••• - 27 Dec 2021
Series A •••••• - 31 Mar 2021
Seed •••••• - 02 Sep 2020
Pre-Seed •••••• - 06 May 2020

View All 7 Funding Rounds

Empower Alternatives & Competitors

Empower vs
Rydelinx Rideshare
Rydelinx Rideshare United States

Rydelinx: Skip the surge, choose your ride! Pick your fares, pick your drivers. Download & reimagine...

3 employees
Mobile, Transportation
Compare Empower vs Rydelinx Rideshare
Empower vs
Rally OurBus
Rally OurBus United States

Mass Mobility as a Service

Convertible Note
128 employees
AI, Logistics
Compare Empower vs Rally OurBus
Empower vs
TruckSuvidha
TruckSuvidha India

Digital infrastructure for logistics industry.

Seed
16 employees
Logistics, Transportation
Compare Empower vs TruckSuvidha

FAQ About Empower

Transforming the "Gig Economy"
Empower was founded in 2019.
Empower is headquartered in Mclean, United States.
Empower operates in the following industries: Information Technology, Platforms.
Empower has approximately 41 employees.
Empower has completed 7 funding rounds. The latest funding stage is Series Unknown.
Top alternatives and competitors to Empower include Rydelinx Rideshare, Rally OurBus, TruckSuvidha, Ship&Co, Tutamantic_Sec. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Empower and Rydelinx Rideshare are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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