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2024 KCP Application
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TOMATIQ AB
Org Type
For Profit
Year Founded
2023
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Name of Project:
Year Project Originated:
Impact on Underrepresented Groups:
Conventional transport operators' (bus companies, taxis, on-demand minibuses and ride-hailing apps like Uber) business model is separate from social value. The main drive is to generate as much profit from passengers (or taxpayers) as possible, while making no dramatic changes to their cost structures. Therefore, they continuously move further up the top of the market pyramid solely towards medium and high-income customers. In cases where any of these companies are involved in social or charitable activities, balancing earning profits and nonprofit social change for communities does not automatically make them social businesses. For Tunnll, being social is not an added, unwanted cost that the business must bear. It’s a source of competitive advantage. Tunnll's revenue model is built around serving low and medium-income customers with a low-cost value proposition. Tunnll enables access to key services within every targeted small town, allowing any resident to access any of the town amenities. No need to abandon the small town and move to a big city! Once a small town resident can have easy transport access to work, healthcare or any local destination without being forced to drive a car, Tunnll’s social impact is validated. This is a life-changing technology for many people.
Website:
https://tunnll.com
Mission Statement:
Tunnll’s mission is to bring high-quality public transportation to small towns around the world to improve the quality of life there so that people don't have to leave those towns in favor of big cities.
Link: Facebook:
https://tunnll.com
Link: Twitter:
https://twitter.com/tunnll_
Link: LinkedIn:
https://www.linkedin.com/company/tunnll