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Matthew Iommi is a serial entrepreneur and the Co-Founder of Fetii, a game changing app designed to enable entertaining group transportation at the click of a button. He has recently raised over $8,000,000 for his company from leading investors like Y-Combinator and Mark Cuban. Follow Matthew➤ Instagram: https://www.instagram.com/matthewiommi/?hl=en⚫ Follow me on:➤ Instagram: https://www.instagram.com/lukaspakter➤ TikTok: https://www.tiktok.com/@squidpakter
Michael Glenn and guest host Andy Pettit visit the 2022 Austin Startup Week Crawl. Listen in as they meet and mingle with Austin's foremost startup entrepreneurs.The guided tour begins here:(1:11) - Clearity Health seeks to enable affordable healthcare for all. Clearity Health is not an insurance company, but a place where individuals can compare healthcare prices provided by real people in their areas.(9:27) - Modgarden is a modular, organic vegetable growing appliance designed particularly for the urban dweller.(17:18) - Austin-based Creative 3D Technologiesdesigns and manufactures advanced 3D printers and manufacturing platforms. The company aims to enable the ability to create without the typical constraints of design limitations, high costs, or supply chains.(24:21) - Fetii offers an on-demand group transportation and ride-sharing service complete with a user-friendly app. Fetii provides franchisees with the vehicles and technology needed to assist groups and businesses on demand.(26:24) - Fit Lift is a fitness platform that can be used on any iPhone or iPad. It provides real-time data and feedback during the user's workout, providing instant guidance on the need to speed up, slow down, adjust posture, change weights, and more.(35:39) - Kegsafe uses state-of-the-art technology and software to provide the market's most accurate system of keg inventory management.(38:18) - SKAN analyzes existing code repositories and issue tracker data to understand human factors and boost productivity.(45:01) – Rockdrill Research (Space Cowboy) designs, manufactures, and launches advanced rockets and spacecraft. Space Cowboy works to rein in the rapidly growing issue of space debris.
Matthew Iommi | Fetii - Revolutionizing How Groups & Businesses Move Fetii transports groups and businesses together, on-demand Fetii is a group rideshare app that lets both consumers and businesses order 15-passenger vans on-demand. Users pay using a QR check-in system that splits payments seamlessly amongst the group at time of boarding. People love traveling with their friends but reserving a vehicle days in advance, with 5 hour minimums for a 10 minute ride, and splitting the bill for large group rides has always been a pain in the butt. It turns out that if you provide on-demand capabilities and move payment into an app like Fetii, it removes friction and people want to travel together a whole lot more. Uber has shown that people love on-demand transportation, and it's a massive business, but the ugly truth is that the unit economics of driving around 1 or 2 people are horrible. We're taking the only profitable part of on-demand transport - transporting groups - where the unit economics are incredible and there's still tonnes of demand. About Matthew: Matthew Iommi is the co-founder and CEO of Fetii, a group rideshare platform he launched in 2020 when he recognized the inefficiencies that groups undergo when they want to ride together. Prior to Fetii, Matthew ran a charter transportation company during his time at Texas A&M University. It was there he experienced firsthand the shortcomings of the old charter model and the yearning groups have for a better solution. Matthew graduated from Texas A&M University with a degree in Economics and a minor in Business Management. --
On this episode of BoomATX, Lee Snedaker and Glenn Hart are joined by Matthew Iommi, CEO of Austin based start-up Fetii. Fetii is French for ‘member of extended family' but Matthew's company is an innovative group rideshare platform that utilizes a network of 15-passenger vans to transport large groups and businesses on-demand. Fetii aims to remove unnecessary vehicles off of the road and de-congest cities across the world while also allowing each passenger to pay their fair share. Matthew and co-founder Justin Rath founded Fetii while still students at Texas A&M University at nearby College Station before moving to Austin and growing their rideshare platform in Austin, College Station and Lubbock, Texas. With Fetii just being accepted to the exclusive start-up business accelerator Y Combinator we expect to have Matthew on again and hear all about Fetii's explosive growth in the near future. Give it a listen, download the Fetii app and give it a try Matthew's Fetii service for your next big event requiring transportation!
Matthew Iommi is the Co-founder and CEO of Fetii, a fast growing rideshare platform that aims to decongest cities and provide a superior transportation experience. Fetii utilizes a network of 15-passenger vans to move groups and businesses together, removing unnecessary vehicles off of the road and reducing congestion. As of 2022, Fetii has transported over 467,000 passengers and completed over 49,000 trips.
Amy Edwards reports on what to see and expect at the fest this year, what not to see, getting in tips, transportation hacks, and ACL VIP ticket ideas.
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