Most micromobility companies tried to win by adding more vehicles. We’re winning by increasing utilization. Trip Technology is building the next generation of shared micromobility — not by flooding cities with hardware, but by solving the structural problem that broke first-generation systems: idle time. Our model is simple in principle and powerful in execution: Request → Delivery → Ride → Pickup Instead of parking bikes on sidewalks and rebalancing with trucks, we use right-sized autonomy operating entirely within existing micromobility rules. No traffic lanes. No AV permits. No curb clutter. The result? • 3–5× higher trips per vehicle per day • A path to sub-six-month hardware payback • Economics driven by utilization — not fleet size At peak design targets of 8–10 rides per bike per day, each asset generates ~$67–$84 in daily rider revenue. Importantly, our core model stands on rider revenue alone. Programmatic advertising is incremental, not foundational. This is not a feature add. It’s a system rewrite. Through the acquisition of Lattis and a perpetual global license to twelve autonomy patents, we’ve secured foundational IP across wireless locking, positioning, and right-sized autonomous delivery. But our moat is more than patents — it’s compounding operational density. Higher utilization generates more data. More data improves routing, supervision efficiency, and capital efficiency. Each city strengthens the next. Columbus and Cleveland launch first. Orlando follows. We scale only after unit economics are validated. Autonomy isn’t the experiment. Utilization is. The micromobility reset is here — and the next winners will be infrastructure companies, not fleet operators. If you’re a long-term capital partner who understands systems, density, and repeatable city-scale deployment, let’s talk. — Paul Ruminski Founder & CEO Trip Technology Inc.
