Commuter ride service Chariot has released an update to its iOS app, which now offers a seat reservation feature and real-time arrivals. These changes come in addition to newer routes within San Francisco that the company says are crowdsourced from its customers.
Chariot said the new changes should help make commuting a lot easier. Starting today, riders can place a reservation for a seat on any available vehicle (within 30 minutes of arrival). The app will display real-time arrival estimates. It’ll also list the names of the drivers and let you message them directly.
A company spokesperson told VentureBeat that Chariot’s seven routes are operating with a 97 percent on-time rate and at 50 percent capacity. It seems that there’s still plenty of room for more passengers and growth. The average price is around $4 per ride — a little more than it would cost to ride the MUNI public transit bus.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
“Chariot takes the pain out of commuting by making the process as reliable and hassle-free as possible. Allowing reservations and showing real-time arrival furthers that mission,” said Chariot chief executive Ali Vahabzadeh in a prepared statement. “With Chariot, everyone gets a seat, prices are flat and stops are minimal. It is the best way to get between home, work, and major transit hubs…”
One of the reported benefits of Chariot is that it can reach parts of the city underserved by public transit. Commuters living in San Francisco know that MUNI or taxi are the only options at times, and even then, arrivals are sketchy at best. But Chariot wants to provide a reliable alternative, and is leveraging data to find out where new routes are needed in real-time. It says that new routes are ‘crowdsourced’ and selected based on the number of votes cast on the company’s websites.
Chariot is only available in San Francisco and has raised $3 million in seed funding from China Rock Capital, Coyote Ridge Ventures, Major League Baseball Ventures, SoftTech VC, Winklevoss Capital, and others.
Update: This article has been updated with new occupancy and average price per rider figures provided by Chariot. The previous numbers were incorrectly provided to us by the company.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More