About Empower
Empower is a company based in Mclean (United States) founded in 2018 by Joshua Sear. It operates as a Two-Sided Marketplace and Subscription Services. Empower has raised $6.03 million across 3 funding rounds. Empower offers products and services including Driver App and Rider App. Empower operates in a competitive market with competitors including Uber, Lyft, Didi, Flywheel and Curb, among others.
- Headquarter Mclean, United States
- Founders Joshua Sear
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Yazam Usa Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$6.03 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Apr 14, 2021
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Investors
Not available
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Employee Count
Not available
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Products & Services of Empower
Empower offers a comprehensive portfolio of products and services, including Driver App and Rider App.
Platform for drivers to set rates and earn fares.
App for riders to book affordable and safe rides.
Funding Insights of Empower
Empower has successfully raised a total of $6.03M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Empower
Investment portfolio details for Empower
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Financial Statements - Empower
Detailed financials for Empower
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Empower Comparisons
Peer comparison for Empower
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Competitors of Empower
Empower operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uber, Lyft, Didi, Flywheel and Curb, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An online platform providing ride-hailing and food delivery services
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App-based ride-hailing aggregator
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| Locked | Locked | Locked |
An AI-enabled platform is operated for ride-hailing and on-demand services.
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App-based on-demand taxi-hailing platform
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Curb is recognized as a provider of taxi booking and payment solutions.
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Detailed competitors of Empower
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Latest news on Empower
Complete news archive for Empower
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Frequently Asked Questions about Empower
Empower was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Empower is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
Joshua Sear is the current CEO of Empower. They have also founded this company.
Empower is a funded company, having raised a total of $6.03M across 3 funding rounds to date.
A decentralized rideshare platform is provided by Empower, enabling drivers to set their own rates and retain 100 of fares while riders benefit from lower costs and safer ride options. Operations focus on the mobility sector, offering solutions through mobile applications for both drivers and riders. The platform is designed to empower users by returning control over transportation decisions to them, supported by dedicated local customer service for drivers.
Empower offers Driver App and Rider App.