Limerick startup company in national final

Limerick Piggyback
Peter Hunt of Piggyback (right) with Padraic McElwee, of the Clare Local Enterprise Office at the Regional Final of the Best Young Entrepreneur competition

START-UP company Piggyback, based in the Nexus Innovation Centre in UL, has won a place at this year’s Ireland’s Best Young Entrepreneur (IBYE) National Final.

Regional winner for Best Idea, PiggyBack uses cloud-based technology to provide taxi operators and drivers with insight into driver performance, demand hotspots and route efficiency.

Peter Hunt of PiggyBack said: “I’m delighted to be recognised by the Local Enterprise Offices for my work on PiggyBack. We have a fantastic team without whom,this would not be possible. I am also blessed with the guidance and support I receive from Nexus and Local Enterprise Office Clare.”

PiggyBack is the world’s first cloud-based ride-demand intelligence platform for taxi operators and city managers.

The company’s first product is a mobile and desktop application for taxi operators and individual drivers to assist them with getting more fares, improve efficiency and service and boosting revenue as a result.

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PiggyBack has offices in the University of Limerick at the Nexus Innovation Centre and a secondary office in San Francisco, CA.

The product is at Beta stage of development and is undergoing pilot testing.

A soft launch is planned in January 2016.

Nexus centre manager Gert O’Rourke commented: “The path of a start-up entrepreneur is risky and difficult to navigate. We are delighted to see companies like Piggyback and incubating in a startup environment with like-minded entrepreneurs, leveraging their network to get feedback and support.”

Peter is in with a chance of winning a share in a €100,000 investment fund when he represents the region in the Best Idea category at the national final in Dublin in December.