Juno was a
vehicle for hire operating in the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. It is owned by
Gett. It operates
mobile app
A mobile application or app is a computer program or software application designed to run on a mobile device such as a smartphone, phone, tablet computer, tablet, or smartwatch, watch. Mobile applications often stand in contrast to desktop appli ...
s on the
Android and
iOS operating systems.
Compared to its competitors, Juno took a smaller
commission
In-Commission or commissioning may refer to:
Business and contracting
* Commission (remuneration), a form of payment to an agent for services rendered
** Commission (art), the purchase or the creation of a piece of art most often on behalf of anot ...
from every ride, as part of a strategy to attract and retain happier drivers.
[
][
] Juno initially had an
equity structure that planned to give drivers fifty percent of the founder's equity by 2026, but this program was discontinued in 2017 when Juno was acquired by
Gett.
History
Juno was founded by
Talmon Marco, who served as the company's
chief executive officer. The company headquarters is in
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
.
[
Information on Juno became public in February 2016, following an unheralded and unannounced beta testing of a software app to 2000 drivers in New York City. Information leaked, and the company began granting interviews by 16 February 2016.][
]
Juno had intended to operate without press for several months.[
Juno launched its ride sharing services in ]New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
in 2016.[
]
Juno was acquired by Gett in 2017, for $200,000,000.
Juno ceased all transportation operations on 18 November 2019.
Juno sought an order to tap $1 million of a $4.5 million loan from its parent company to fund a bankruptcy liquidation on 20 November 2019.
In February 2020, Juno received court approval in Delaware for a Chapter 11 settlement with its unsecured creditors and parent company.
Product
Juno is a bankrupt ride hailing app, making its own proprietary navigation software to do so. The company, which was primarily used in New York City, ceased operations in November 2019, with customers told to use the app Lyft instead. Juno's parent company, Gett, is also a ride-sharing company, however, is primarily focused in Israel.
References
External links
Juno website
Privately held companies of the United States
Ridesharing companies of the United States
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