Juno was a

vehicle for hire A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which th ...

operating in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

. It is owned by

Gett Gett, previously known as GetTaxi, is an Israeli B2B Ground Transportation Management (GTM) platform and marketplace, and B2C ride-hailing app headquartered in London, and owned by GT GetTaxi (UK) Limited Founded in 2010, Gett has raised mor ...

. 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 phone, tablet, or watch. Mobile applications often stand in contrast to desktop applications which are designed to run on d ...

s on the Android and

iOS iOS (formerly iPhone OS) is a mobile operating system created and developed by Apple Inc. exclusively for its hardware. It is the operating system that powers many of the company's mobile devices, including the iPhone; the term also include ...

operating systems. Compared to its competitors, Juno took a smaller commission 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

History

Juno was founded by

Talmon Marco Talmon Marco is an Israeli-American entrepreneur, best known as the founder of H2Pro, founder and former CEO of Viber, a proprietary cross-platform instant messaging VoIP application for smartphones, and Juno, a ride sharing service. Career B ...

, who served as the company's

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

. The company headquarters is in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. 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

in 2016. Juno was acquired by

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 A ridesharing company (also known as a transportation network company, ride-hailing service; the vehicles are called app-taxis or e-taxis) is a company that, via websites and mobile apps, matches passengers with drivers of vehicles for hire tha ...

app, making its own proprietary navigation software to do so. The company, which was primarily used in New York City, ceased operations in November of 2019, with customers told to use the app

Lyft Lyft, Inc. offers mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery in the United States and select cities in Canada. Lyft sets fares, which vary using a dyn ...

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 {{company stub