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.
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.