Wave Rideshare, under the leadership of CEO Lewis Diondre, is on a mission to break barriers and become the first Black-owned tech company in the United States to go public.
Established in 2019, Wave Rideshare and Delivery, also known as ScoopM, distinguishes itself by introducing new layers of safety, compliance, and accountability to the rideshare and food delivery sectors.
Revolutionizing the Gig Economy with ScoopM
Diondre Lewis, a seasoned expert in software engineering and A.I. with senior experience at renowned companies like Google, Facebook, and Disney, founded ScoopM as a response to the gig economy’s evolving landscape.
Emphasizing consumer safety, especially for vulnerable groups like women and children, ScoopM implements stringent driver screening, distinctive branding on vehicles, and advanced safety features such as in-car cameras and panic buttons.
The company’s unique approach to rideshare and logistics also includes its mobile app for ride information.
Beyond Standard Rides: Wave’s Niche Markets
Wave Rideshare, headquartered in Charlotte, NC, caters to niche markets often overlooked by traditional rideshare services.
Beyond standard rides, the company specializes in non-emergency medical transport, child/elderly transport, sports and entertainment transport, and non-profit transport solutions. The company’s commitment to addressing these underserved markets presents a substantial growth opportunity.
Strategic Moves: Wave’s Path to IPO
With a vision to become the first publicly traded Black-owned technology company in the country, Wave is strategically positioning itself for an initial public offering (IPO) in the next couple of years.
The company is set to make history, reflecting its determination to challenge the norms and create a lasting impact in the tech industry.
Navigating Challenges: Wave’s Investment Strategy
Recognizing the challenges faced by African American businesses in the capital markets, Wave adopts a strategic investment approach.
For its initial $5M capital round, the company focuses on individual/angel investments, actively seeking smart, connected investors, and partners who resonate with its mission. Those interested in joining Wave’s groundbreaking journey are encouraged to reach out directly for more information.
Wave’s ambitious goals and commitment to innovation mark a significant shift in the gig economy, setting the stage for a transformative presence in the rideshare and tech industries.
