Magnet Ridesharing App


Sweden, Sweden

Short Summary

Magnet rides app offers a legal solution within a mobile app we'll build with an algorithm matching private car drivers willing to drive passengers from A to B on request for an asked cost. The app will be intuitive, fast and give the lowest prices.


Investment Raised
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role Any


  • June-July 2020: Fact-checking and developing the legality of the solution.
  • August 2020: Registration of Magnet Rides AB by the sole owner.
  • September 2020: Registration of the brand Magnet Rides ready.
  • September 2020: Patent application of the algoritm execution.
  • September 2020: Initiatiated outreach to investors in Sweden.
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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