Vehicles are the bottleneck to earning.
Millions earn by driving for delivery apps, and small businesses run delivery work too. Both struggle to buy, finance, or insure a car approved for commercial use.
Big agency rentals
Forbid delivery work.
Hertz and Avis programs with Uber
Lock drivers into one app.
Small local fleets
Are expensive and do not scale.
Small business fleets
Lack affordable short term fleet capacity.
Proof the old model failed
A national gap opened in February 2025
Getaround shut down U.S. operations, including HyreCar, the best known rental marketplace for gig drivers.
Getaround cited a lack of liquidity; HyreCar blamed changes to its insurance program.
Liquidity and insurance ended them, not a lack of demand.
Lenvoy is built with insurance guardrails from day one.
One platform, many vehicle needs.
Weekly access
Rentals approved for commercial delivery work, with protection plans built into the price.
Own platform
Lenvoy's own web, iOS, and Android apps.
Flexible supply
Lenvoy's managed fleet plus hosts, dealers, and independent lots.
Multi app
Works across DoorDash, Uber Eats, Instacart, Amazon Flex, and auto parts delivery.
First customer segment: gig delivery drivers working these apps.
Why Lenvoy wins where others failed
HyreCar (closed) | Turo | Local fleets | Lenvoy | |
|---|---|---|---|---|
Customer focus | Rideshare drivers | Travelers | Local drivers | Delivery workers first, then businesses and fleets |
Insurance | Program changes ended operations | Built for trips, not commercial delivery | Owner bears it | Per vehicle pricing, capped at 25 percent of weekly revenue, delivery use required in coverage |
Vehicle control | Third party owners | Hosts | Owns every car | Managed fleet plus vetted hosts, dealers, and lots |
Revenue | Rental fees | Trip fees | Rentals | Rentals, platform share, protection plans, and B2B contracts |
Two sides, one platform
Supply
Dealers, lots, and owners list vehicles and earn 55, 50, or 45 percent of the net pool on tiered terms.
Demand
Drivers book weekly, pass license verification, and pay a weekly rate with protection plan.
Lenvoy handles booking, payments, verification, protection plans, and support.
Unit economics per vehicle (illustrative)
One host vehicle, per week | Amount |
|---|---|
Weekly rate (Phoenix range $250 to $300) | $275 |
Insurance at the 25 percent cap | Up to $69 |
Net pool | About $206 |
Host share at the 50 percent tier | About $103 |
Lenvoy share at the 50 percent tier | About $103 |
Roughly $446 a month per host vehicle before platform, payment, and support costs.
On Lenvoy managed vehicles, Lenvoy keeps the full net pool minus vehicle costs.
Illustrative only. Final figures depend on the insurance quote.
Risk controls built in from day one
- Insurance capped at 25 percent of weekly revenue per car
- Loss ratio stop pauses payouts if claims exceed 65 percent of protection plan fees for two months
- Damage and operating reserves funded before any distribution
- Deposits held on card until return
- Driver license verification before every rental
- Telematics on every vehicle (planned)
- Protection plans structured to Arizona's peer to peer car sharing law
Diversified revenue, not one customer
No single platform, customer, or segment carries the business.
Phase 1
- Weekly rentals
- Platform share on host vehicles
- Protection plan fees
- Service fees
Phase 2
- Courier and delivery contracts
- Business fleet and corporate accounts
- Insurance replacement rentals
- Paid transportation for workforce programs
Phase 3
- Government and tribal contracts
- Non emergency medical transportation
- Fleet services for autonomous vehicle operators
- Platform licensing to operators in other cities
Three phases to a full vehicle access platform
Phase 1: launch
Launch in Phoenix with gig delivery drivers.
Phase 2: roadmap
Courier and delivery services, local business fleets, corporate accounts, and insurance replacement rentals.
Phase 3: roadmap
Government and tribal contracts, non emergency medical transportation fleets, fleet services for autonomous vehicle operators, and expansion to Dallas, Houston, and Las Vegas as candidates.
Go to market
Supply
- Independent dealers and lots, reached through the Arizona Independent Automobile Dealers Association as an outreach channel
- Hosts and passive owners
- Lenvoy managed vehicles
Demand
- Delivery driver communities
- Workforce and reentry programs
- Referrals
B2B
- On demand courier platforms
- Local businesses with delivery work
- Insurance and repair shops
Twenty Lenvoy owned vehicles anchor quality and availability at launch; partner supplied vehicles scale the fleet without new capital.
A proven launch market, with more segments to follow
8 million+
People dashed in the U.S. in 2025
Nearly $20 billion earned, including tips.
DoorDash economic impact report
$958M
Estimated Turo revenue in 2024, proving peer to peer car sharing works at scale.
Turo is built for travel, not delivery work.
Sacra estimate
Business fleet, courier, and government segments expand the market after launch.
Foundation built, launch ready
Arizona LLC formed with EIN; brand identity complete.
Platform in final build on web, iOS, Android. Apple Developer approved; Google Play verified.
Renter Agreement, Host Agreement, host program written; Operating Agreement and cap table drafted.
Commercial insurance quotes in progress.
Pipeline of more than 200 screened capital, certification, and contract sources.
Next milestones
- Insurance bound
- Phoenix launch
- First 5 vehicles in service
- First business account
A founding team that covers sales, technology, and growth
Sam Robinson · Founder and Managing Member: sales and vehicle sourcing
Darol Lucas · Managing Member: operations and technology, 25 years in IT and business operations
Darren Thompson · Member and Business Development Director: marketing, partnerships, B2B growth
100 percent Black owned
Advisors: [Open seat: fleet operations or insurance advisor]
Seed round
The ask
$800,000
Minimum check $25,000 · First close $250,000 · 18 months runway
darol@lenvoy.co
Use of funds
Category | Amount | Share |
|---|---|---|
Fleet (20 owned vehicles) | $300,000 | 37.5% |
Team and founder stipends | $182,500 | 22.8% |
Platform ownership | $105,000 | 13.1% |
Marketing and growth | $68,000 | 8.5% |
Reserves | $55,500 | 6.9% |
Tech, professional services, overhead | $50,000 | 6.3% |
Insurance and premium down payment | $39,000 | 4.9% |
Total | $800,000 | 100% |
Milestones
- Launch with 5 vehicles; about 40 by month 9 and 80 by month 18
- First business fleet or courier account
- Loss ratio under target and a playbook for city two
Lenvoy Investor Deck
Lenvoy
Vehicles for the way you work.
The vehicle access platform for people and businesses who earn on the road.
Phoenix, Arizona · Seed round, 2026
Darol Lucas · darol@lenvoy.co · lenvoy.co