HyreCar ^{Priced, Nasdaq: HYRE}

HyreCar is a unique peer-to-peer car-sharing marketplace. We match the Owners of idle cars to Drivers who provide services to ride-sharing businesses such as Uber and Lyft. By conveniently sourcing vehicles from Owners, part-time Drivers may easily enter and exit the market. Accordingly, the company's business model provides us with the opportunity to satisfy fluctuating transportation demand in cities around the US by matching Owners and Drivers. Our business is based on a proprietary car-sharing marketplace developed to (i) enroll Owners and Drivers, (ii) facilitate the matching of Owners and Drivers and (iii) log rental activity for Owners and Drivers. All transactions related to the rental (including, but not limited to, background checks, rentals, deposits and insurance costs) are run securely through the HyreCar platform. Drivers and Owners access their rental or car dashboards through a unique login. Drivers can easily initiate, terminate or extend a rental through the platform while Owners can manage their car or fleet of cars through the platform. We believe we have a competitive advantage with our unique commercial automobile insurance policy that covers Drivers operating an Owner's vehicle while not actively providing ride-sharing services (at which point the insurance defaults to the state mandated insurance provided by Uber or Lyft).