Draft:Fetii

Fetii is an American group rideshare company based in Austin, Texas. Founded in 2020 by Matthew Iommi and Justin Rath, the company operates an on-demand transportation platform focused on groups using 15-passenger sprinter vans and shuttle services. The company utilizes artificial intelligence for dispatching and optimizing shuttle locations in partnership with independent vehicle service providers. [1]

Fetii primarily serves college students, nightlife districts, events, and large-group transportation markets. The company operates in multiple U.S. cities and partners with independent vehicle service providers to facilitate rides booked through its mobile application. [2]

History

Fetii was founded in 2020 by Texas A&M University students Matthew Iommi and Justin Rath after identifying a lack of affordable on-demand transportation options for larger groups. The founders initially experimented with operating a party bus service before expanding into an app-based group rideshare platform. [3]

The company participated in Y Combinator's Summer 2022 batch. In February 2025, Fetii announced a $7.35 million seed funding round led by Mark Cuban, with participation from Y Combinator, Goodwater Capital, and other investors.[4]

By 2025, the company reported operations in more than 60 cities across several U.S. states, including Texas, Arizona, Georgia, Tennessee, and Florida.[5]

Operations

Fetii's mobile app facilitates hailing vehicles, QR-base fare splitting, and reservations, primarily for groups.[6] The company operates in over 68 cities across six states, including Austin, Dallas, Fort Worth, Houston, College Station, and Lubbock in Texas, as well as Atlanta, Nashville, Phoenix/Scottsdale, Baton Rouge and South Florida.[7] Fetii services over 200,000 passengers monthly.

The company primarily uses 14- and 15-passenger vehicles operated by independent transportation providers connected through Fetii’s platform.[8]

Fetii has focused much of its early growth on university communities and entertainment districts, particularly among younger riders traveling in groups.

Technology

In 2025, Fetii launched "NeuralShuttle", an AI-powered dispatch and shuttle coordination system designed for high-demand events and venues. According to Iommi, the system uses historical transportation data and demand forecasting to position vehicles before concerts, sporting events, and festivals conclude. [9]

Fetii piloted the system with venues including Mercedes-Benz Stadium in Atlanta and State Farm Stadium in Arizona.[10]

References

  1. ^ Bellan, Rebecca (2025-02-18). "Fetii's group rideshare app for young people attracts funding from Mark Cuban, YC". TechCrunch. Retrieved 2026-05-15.
  2. ^ Bellan, Rebecca (2025-02-18). "Fetii's group rideshare app for young people attracts funding from Mark Cuban, YC". TechCrunch. Retrieved 2026-05-15.
  3. ^ "AI-Powered Group Rideshare". Fetii. Retrieved 2026-05-15.
  4. ^ "Fetii: Fetii is an AI-driven mobility platform". Y Combinator. Retrieved 2026-05-15.
  5. ^ Rodriguez, Melanie (2024-01-29). "Fetii, the Austin-Based Group Rideshare, Emerges as the Answer to Urban City Congestion, According…". Medium. Retrieved 2026-05-15.
  6. ^ Bellan, Rebecca (2025-02-18). "Fetii's group rideshare app for young people attracts funding from Mark Cuban, YC". TechCrunch. Retrieved 2026-05-15.
  7. ^ Garsten, Ed. "Group Rideshare Company Fetii Lands Investment Led By Mark Cuban". Forbes. Retrieved 2026-05-15.
  8. ^ "UT Austin study finds Fetii as future solution to traffic issues". KXAN Austin. 2024-02-01. Archived from the original on 2024-02-02. Retrieved 2026-05-15.
  9. ^ Garsten, Ed. "New Fetii Rideshare Shuttle Uses AI To Predict Where, When To Show Up". Forbes. Retrieved 2026-05-15.
  10. ^ "Enable JavaScript to use search". www.google.com. Retrieved 2026-05-15.

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