Patrick Mahan
San Jose, CA (USA)
Role(s):
Founder/Owner/Principal
Public Alternative Transportation Systems Inc. AKA PATS Car Share
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Startup
Location:
San Jose
Industry:
Transportation
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
PATS is a for profit company that is designed to provide low cost private transportation to indviduals and business. We are a Car Sharing service that is first to market in San Jose CA. offering a fleet of vechiles for an hourly or daily rate. This is a green business for every car shared 9 to 15 are taken off the road. We are aslo providing a precentage of our income to non profit organizations in the form of a donation to support the communities we operate in. I have two years experience running a similar car sharing operation and now I have established my C-Corp and have 10 angel investors who believe in me and this venture. I am now in need of $500,000 to purchase a fleet, pay for the marketing and staff the operation. This is a unique venture that is in an industry that is currently doing aprox. 500 million a year and expected to grow 8 to 10 times by 2016 according to Frost and Sullivan Industry Analyst.