About

HourBus introduces a new city transportation package, connecting city stations in hours. Purchase online HourBus ticket vouchers and book time-tunnel spaces by selecting drop-in and pick-up HourBus Stops and times. You drop your QRcode marked packages at the nearest HourBus servicing Driver on time. We deliver to the digitally verified consignee at the destination HourBus Stop on time. You: Serve your business omnichannel, reduce supply chain transport costs, never lose sales, and stay competitive. We: Prebook time-tunnel van spaces to profit in volume group transfers. It is a win-win sharing of the last mile. Deal? The contribution of transport costs to the total cost of the goods is high today, with the last mile the most challenging part. You need your merchandise located close to your customers and use your van-drivers fleet, transfer companies, or Couriers: the smaller the package, the more expensive to transfer on the same day. Many people shop online today. Many single items expect to transfer from city warehouses to end customers around. Courier transport cost reaches or exceeds the retail price, and you "quarantine" home for hours, waiting for the Courier to knock on the door. With HourBus, you only "rent" your packages occupied space when transferred. You can plan the dates, times, and benefit volume discounts, mutually benefiting from your pre-bookings.

Solution & Product

HourBus is an entirely digital global platform that serves local HourBus distributors' operations in city package transports, connecting selected city stations for fast intra-company, B2G, B2B, B2C, and C2C transfers at a low price. Customers purchase vouchers online, as they do on airlines, booking the appropriate space tunnel from the desired drop-in to any destination pick-up Station of the HourBus network. They arrange themselves to drop in and pick up parcels on time. All transactions are QR-code secured, on the cloud, and locally. It is a time-based van system. Each van moves circularly in a District, obeying a servicing and traveling routine procedure pattern. The most usual is the Diamond pattern: one van, four stations, one Station per exact hour, service time 20', traveling time 40'. Neighboring Districts share standard Stations, where vans visit simultaneously and exchange packages meeting their trip destination plan. HourBus Offers complete digital operations and tracking services to all parties: Distributors, drivers, and customers. HourBus e-platform sells the vouchers, issues the QR codes in the trusted information black box, and finally pays Partners on their dividend share with a next-day clearing. Use AI functions for accurate predictive analytics to maximize ROI per Station, Region, and day for the most suitable station selections. HourBus is certified to fully comply with the new Systems-based BI tools and e-platforms like ENTELECHY CUBE.

Innovation & Scalability

HourBus is innovative as: •It is an entirely digital global Platform under the new e-Platform Urbanism. •It is an innovative transport solution for all B2G, B2B, B2C, and C2C. •It connects selected stations within a city for package transfers from Station to Station, not door to door. •Transfers packages same-day, in hours, cheap, and safely. •Customers deliver and pick up the parcels themselves to and from Stations. •All transactions are secured Contactless by QR codes. •Couriers, Transport companies, and Retailers will find HourBus faster and more cost-effective for their operations. •It is fully certified to comply with the new Systems' e-platforms like EntelechyCube. •Introduces the new Instant Revenue Sharing System for Partners 2021. Business set-up, Managers and Operating Partners', side Investor (optional) assignment. The side investor is a safe source of financing if HourBus has to fund a Partner's failure to comply. Kick-off on selected world cities. 2022. Expansion to selected significant countries. Complex District patterns to be implemented. 2023-. Expansion to North & South America, Europe, Asia, Oceania, and Africa.

Traction & achievements

It was an idea that came into the pandemic as a logical solution for easing package deliveries in the city environment from businesses to customers. Facilitating deliveries away from the shops' doors and closer to customers' hotspots would be a win-win solution. We designed a method to transfer parcels "by bus" using vans moving in circular "bus-line" orbits at a schedule. Senders must present the package at the drop-in, and the Receivers will be delivered by showing the QR code issued at the drop-in. Principal Parameters Stations: At primary market places as Shopping Malls or habitat places Driving Time: Station to Station in less than 30' drive. Vans obey the System at the rhythm of the ticking clock. Report automatically transmitting exchange transactions. A van missing the rhythm goes to "out of service" status until retransmitting. We explored the idea further and found it a win-win and cost-effective solution to same-day transfers for B2B and C2C transfers. We designed the e-platform to have the leading role and saw a broader international business opportunity. We added Revenue sharing of Expertise Partners to share lower risks as each invests in his expertise field. Couriers will significantly benefit from HourBus, as both parties focus on their expertise field. Couriers to deliver, HourBus to transfer. Owner & Founder Socrates Zygomalas registered HourBus to Athens Notarial Company, Ch. Steiros – F. Ktena, VAT EL099912284 Registration No41404/29-9-2020

Team & Why Us

Socrates Zygomalas. Founder and Intellectual property owner, CEO Athens University of Economics and Business, Business Management Stratos Koumantakis. IT project manager co-Founder Athens Control Data Institute, Information Technology & Systems Design Dimitris Tsoubelis. Systems Analysis & Design Advisor. University of Athens, Dept. of Mathematics. The London School of Economics, MSc, Ph.D. in Systems Analysis Harris Zygomalas. IT & Systems Advisor Aston University UK, Internet Systems Ilias Zygomalas, International Business Advisor Aston University UK, MSc in International Business Konstantinos Kostopoulos. Legal and Arbitration, Advisor University of Athens Faculty of Law, Llm and Mediator Attorney at Law UK University of Hull MSc in Law Dimitris Zervas, R&D & AI Advisor National Technical University of Athens, Architect Engineer Autonomous vehicle and sustainable mobility. The Business Model introduces an Instant Daily Revenue Sharing system (IDRS) on a three-level flat organization, Directing, Managing, and Operating Levels consisting of Expertise Section Outsourced Partners directed by HourBus. An indicative IDRS plan is: SOFTWARE: 30%. Operator 27% /Manager 3% BRAND A&P: 30%. Operator 27%/Manager 3% LEGAL-Arbitrator: 5%. Operator 4.5% /Manager 0.5% R&D: 5%. Operator 4.5% /Manager 0.5% IDRS Controller: 5%, Operator 4.5% /Manager 0.5% HOURBUS: 25%. Directors 15% /Side Investor 10% Revenues: from Distributors (Entry/Annual Fees) and Commission on vouchers

Funding Needs

HourBus introduces an innovative Business model and seeks revenue-sharing outsourcing partners to support the global e-Platform operation requirements and a side investor to secure smooth operations if one or more fields are not performing according to the requirements. The HourBus Business Model of Instant Daily Revenue Sharing system (IDRS) on a three-level flat organization, Directing, Managing, and Operating Levels consisting of Expertise Section Outsourced Partners, directed by HourBus. An indicative IDRS plan is: SOFTWARE: 30%. Operator 27% /Manager 3% BRAND A&P: 30%. Operator 27%/Manager 3% LEGAL-Arbitrator: 5%. Operator 4.5% /Manager 0.5% R&D: 5%. Operator 4.5% /Manager 0.5% IDRS Controller: 5%, Operator 4.5% /Manager 0.5% HOURBUS: 25%. Directors 15% /Side Investor 10% HourBus plans to raise a pre-seed round in 2023 to secure operations.