Fixed App on Shark Tank
Fix Parking Ticket App - Episode 707 - January 15, 2016
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Fixed.com Parking Ticket App appearing on the next Shark Tank Show in Episode 707 |
Got a parking or speeding ticket? Did you know there's an "App for that" called the Fixed App you can use for free (in supported areas) and potentially get the traffic ticket reduced or dismissed? Here's how it works. The first thing you do is take a picture of the parking ticket with your smartphone and send it to Fixed via the App. The Fixed App automatically goes to work searching for common mistakes on the citation, along with writing a customized contest letter specifically for that ticket. Fixed App then logs onto Google Street View and goes to the location where the alleged offense occurred and checks if the proper signage is in place. If the newest Shark Tank App thinks it has a good chance getting your ticket reduced or dropped altogether, (has a 90% success rate) you're only charged 25% of the original parking or speeding ticket.
The Founder of Fixed App is David Hegarty, from San Francisco, California, who will be appearing on the Shark Tank by himself during Episode 707 this Friday night, 1/15/2016. David first founded the Fixed Ticket App in 2013, and so far, raised over $1.8 in funding even before his Shark Tank appearance. The business models primary source of income was
(I'll get to the "was part" a little later) based on charging a small handling fee that make's it easy paying your ticket through the App, or a
25% fee based on any traffic ticket the Fixed App successfully gets dismissed. For instance, if you're facing a $400.00 ticket that Fixed got dismissed, you'd only pay $100 for their services.
Because each city handles traffic and parking tickets differently, the Fixed Parking Ticket App first focused on San Francisco to prove the concept. Hengarty quickly mastered the San Francisco area before expanding into the Oakland and eventually Los Angeles within two years time.
The grand plan already having the investment funding to expand from several A+ Venture Capitalist's including Shark Tank investors Robert Herjevic and Guest Shark Chris Sacca, (that's my prediction for Episode 707) is bringing the app to 100 other cities soon.
The Fixed Parking App was becoming an enormous success as word was spreading how this parking app was beating the system at its own game. It's a Win-Win-Lose for all parties involved.
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