We had the good fortune of connecting with Matthew Iommi and we’ve shared our conversation below.
Hi Matthew, what’s something about your industry that outsiders are probably unaware of?
Fetii utilizes an IOS/Android app and a network of 15-passenger vehicles to allow groups to be transported together on-demand, providing a superior transportation experience while also reducing traffic congestion and emissions. We operate in the rideshare space, specifically group rideshare, and many are unaware of the unique dynamics and functions necessary for an on-demand group rideshare platform to successfully enter the marketplace.
One example is our ability to seamlessly split payment amongst large groups. If a group transportation company wants to have the ability to make their service accessible and scalable, they need to find a way to efficiently split payment so that no one person is left with the large bill. Fetii accomplishes this by utilizing a QR check-in process which divides the trip fare amongst the group!
Alright, so for those in our community who might not be familiar with your business, can you tell us more?
Fetii is a rideshare company that provides on-demand group transportation. Utilizing an IOS/Android app and a network of 15-passenger vehicles, we allow groups to ride together…providing a superior transportation experience while also reducing traffic congestion and emissions.
Prior to Fetii, Justin Rath and I were operating an event transportation company in College Station, TX that we had purchased during my last year at Texas A&M University. We provided a solution that allowed groups to ride together and seamlessly split the fare amongst them…we then had a vision for the future of group transportation. Fetii.
Fetii is a verticalization of Uber the same way Venmo is to PayPal, Robinhood is to TD Ameritrade, Twitch is to Youtube. With our transportation experience, as well as our technical experience building and selling EZTutor (an education marketplace), we’ve created a rideshare platform that gives groups a superior user experience.
If you had a friend visiting you, what are some of the local spots you’d want to take them around to?
If I had a friend visiting Houston I would take them to Gen Korean BBQ, a long-time favorite of mine where I always have a great time. I would then take them to a Rockets game, although Harden is no longer there the games are always an experience!
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
There are many who deserve recognition for making Fetii a reality. First off I would like to recognize my family, their support has been monumental. My co-founder and CTO, Justin Rath, fully deserves recognition for the success we have accomplished. Our team is phenomenal, they have put in countless hours of work to make our vision a reality. I would also like to thank our customers for trusting us to get them from Point A to Point B, safely and together. Lastly, I am certainly appreciative of our shareholders and partners for supporting our growth, especially last year during covid.
Matthew Iommi, Justin Rath, Joseph Kopser, Kevin Landtroop