Startup roundup for Saturday 12th Nov


Ride-hailing startup sees winning strategy in giving its drivers a stake in the company – Though the ride-hailing startup has not launched yet, Juno already stands out for giving equity in the company to its drivers.Juno started offering rides in New York City in beta in May as an alternative to ride-hailing startups such as Uber and Lyft. The company has awarded 25 million restricted stock units and is hoping to beat out the competition by offering more benefits and services to its drivers.  Juno says it has signed up 17,000 drivers across the five boroughs and averages about 20,000 rides a day. It plans to give out 25 million restricted stock units per quarter to active drivers, which is divided up based on how much each driver earned that quarter, with an extra allocation for top drivers. (Marketwatch)

 

Seven startup businesses at Lighthouse Labs pitch their plans – Raina Wilson Thomas wants to shake up the interior design industry.She and her team at Richmond-based startup Skraach have created an online site to make it easier for consumers to get custom-designed room plans while giving interior design students a way to get experience.Users of the Skraach website answer three shape-based questions. The company’s proprietary DesignDNA quiz figures out what interior design style the person likes — such as contemporary, modern or traditional — and then suggests six different possible floor plans complete with different furnishings that match the customer’s personality. (Richmond.com)

 

Drone startup Zipline raises $25 million to expand on-demand blood deliveries – Drones have proven proven they can deliver 7-Eleven slurpees to thirsty customers and navigate high-speed racetracks for our entertainment. But can they save lives?Half Moon Bay drone startup Zipline on Thursday announced it raised $25 million from major investors to deliver blood to transfusion patients in Africa.“The inability to deliver life-saving medicines to the people who need them the most causes millions of preventable deaths each year,” CEO Keller Rinaudo wrote in a news release. “Zipline will help solve that problem once and for all.” – siliconbeat.com

 

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