Fetii, a group rideshare app founded by Matthew Iommi during his time at Texas A&M University, aims to address the transportation needs of larger groups.

Unlike previous group ride services like Chariot and Uber Charter that faced challenges, Fetii has strategically focused on the college demographic, appealing to young adults who often travel in groups.

To build its customer base among college students, Fetii partners with university organizations and offers free first rides.

The startup has gained significant traction, operating in 68 cities across six states, including major urban centers like Dallas, Houston, and Atlanta, and transporting over 200,000 passengers each month.

Fetii's app facilitates individual fare payments through QR codes, making the payment process straightforward for users, with typical fares around $5 per person.

Recently, Fetii secured $7.35 million in seed funding led by Mark Cuban, with plans to expand into new markets such as Florida, California, and Massachusetts.

Cuban's investment in Fetii was influenced by positive feedback from his daughter, who frequently uses the service, underscoring its appeal to the target demographic.

Cuban sees potential for Fetii to grow globally and emphasizes the importance of profitability over acquisition as a key goal for the startup.

Fetii allows groups of 7 to 14 passengers to book on-demand rides, offering a more sustainable and cohesive experience compared to traditional ride-hailing services.