The Drivers Cooperative - aVenture Non-Profit Research
The Drivers Cooperative
Operating Status: Operating
Co-Op Ride: A driver-owned American ridesharing cooperative, launched in NYC, 2020.
Founded
2020
Location
New York City, NY, US
The Drivers Cooperative, also known as Co-Op Ride, was founded in May 2020 in New York City. It operates as a worker-owned ridesharing cooperative, aiming to empower drivers by providing them with ownership stakes in the company. The cooperative focuses on offering ridesharing services, including paratransit and Non-Emergency Medical Transportation. Its core mission is to create a fairer and more equitable ridesharing industry by redistributing profits back to the drivers rather than external investors.
Notable figures associated with The Drivers Cooperative include Ken Lewis, who has been featured in media outlets like NPR Weekend Edition. Since its inception, the cooperative has issued ownership certificates to its first 2,500 drivers, marking a significant milestone in its commitment to driver empowerment. The Drivers Cooperative has made a substantial impact by challenging traditional ridesharing models and prioritizing the financial well-being of its driver-owners.
