Full Share
- Earn 85% of the profits via instant pay
- Get first priority over ride requests
- Ownership and a voice in a platform that you own, with a co-op share that appreciates in value over time
- Full access to both rideshare & delivery apps
- Vote on your leadership, management & local co-op policies
- "Favorite Driver" feature offers priority access to ride requests from your customers
- A clear path to owning a driverless vehicle/delivery robot
- 2-tier referral program earning you up to 25% of the platform profits from your referrals
- Full access to member savings programs, group benefits, wholesale shopping and more!
- 24/7 support
- A $50 monthly fee for marketing, app development, airport licensing and advertising fee applies to all drivers (full-time and part-time) on the 1st of each month to support steady growth in the value of your investment and generate more business opportunities. Drivers who need to pause their work temporarily or face circumstances that prevent them from driving will have the option to waive this fee for a period of time, to be assessed by the board on a case-by-case basis.
Penny Share
- Earn 55% of the profits via instant pay
- Secondary priority over ride requests
- No voting rights and no ownership
- Full access to both rideshare & delivery apps
- Option to become a member after 1 month of full-time driving, based on the membership fee at the end of the month (pending a status review)
- 2-tier referral program earning you up to 25% of the platform profits from your referrals
- 1 penny will be deducted from your first ride
Fare Co-op has allocated 25% of its net revenue to create FIVE ways for you to earn revenue and save your community through our TWO TIER, TWO WAY referral program, where your direct referral will make you 10% and the second tier will earn you 2.5% whether you’re on the side of customers/passengers or drivers/businesses.
Purchase a Fare Co-op Share (proceed to checkout for financing options)
California Only
Option 3: Monthly Subscription Towards Ownership
All Other States & Provinces
Refund Policy
Full Membership Share + Yearly Maintenance
We offer full refunds within the first 3 days of joining. After this period, refunds will no longer be available as all membership proceeds are reinvested into the expansion of Fare Co-op, covering costs such as marketing & PR, app development, airport fees, insurance, and other operational expenses.
If you choose to cancel after 3 days, your refund will be processed only when we achieve profitability or secure additional investment funding.
Think of this as a business partnership—your contribution supports the growth of a company you co-own and benefit from long-term.
For members unable to continue driving due to unforeseen circumstances, refund requests will be reviewed on a case-by-case basis by the Federation.
Subscription Towards Full Share Ownership
- No refunds will be issued for subscription payments.
- If you discontinue payments within the first 12 months, you will not be eligible for a share.
- If you stop paying the $50/month maintenance fee after the first year, your share will revert to its original purchase value, and your compensation will be downgraded to 55%.
- To restore your higher compensation level, you must catch up on all missed maintenance fee payments.
We understand that individual circumstances may vary, and exceptions may be considered on a case-by-case basis.
Step 1 - Download the driver apps, register and upload your documents
Step 2 - Complete your mandatory background check
Requirements to launch in other states:
For our rideshare app to be available in other states to all rideshare drivers, we need to purchase insurance and TNC licenses in each state. Here are the costs for some of the states and how many memberships are needed to cover these costs in each state.
TNC License: $100,000
Annual renewal fee: $60,000
Memberships needed: 2,500
Miami-Dade County:
- TNC Permit Fee:
- Cost: Approximately $30,000 annually.
- Vehicle Registration Fees:
- Cost: Varies by vehicle, typically $70-$150 per vehicle.
Broward County:
- TNC Operating License:
- Cost: Typically around $20,000 annually.
- Vehicle Permit Fee:
- Cost: Generally $50-$100 per vehicle.
Palm Beach County:
- TNC Operating Permit:
- Cost: Around $10,000-$15,000 annually.
- Vehicle Registration:
- Cost: Generally $50-$100 per vehicle.
Hillsborough County (Tampa):
- TNC Licensing Fee:
- Cost: Approximately $25,000 annually.
- Vehicle Inspection and Registration Fees:
- Cost: Around $50-$75 per vehicle.
Orange County (Orlando):
- TNC Permit Fee:
- Cost: Typically $15,000-$20,000 annually.
- Vehicle Registration Fees:
- Cost: Generally $50-$100 per vehicle.
Duval County (Jacksonville):
- TNC Licensing Fee:
- Cost: Around $10,000 annually.
- Vehicle Permit:
- Cost: Generally $50-$100 per vehicle.
TNC License: $50,000
Annual renewal fee: $25,000
Memberships needed: 1500
TNC License: $25,000
Annual renewal fee: $5,000
Memberships needed: 1000
TNC License: $10,500
Annual renewal fee: $10,500
Memberships needed: 750
TNC License: $10,000
Annual renewal fee: $10,000
Memberships needed: 750
TNC License: $100,000
Annual renewal fee: $60,000
Memberships needed: 2,500
TNC License: $1,000
Memberships needed: 100
Up to 100 drivers: $6,000
Up to 500 drivers: $30,000
Up to 1,000 drivers: $60,000
Up to 2,500 drivers: $150,000
Up to 5,000 drivers: $300,000
Up to 7,000 drivers: $420,000
Memberships needed to start: 100
TNC License: $10,000
Annual renewal fee: $10,000
Memberships needed: 750
TNC License: $5,000
Annual renewal fee: $5,000
Memberships needed: 300
TNC License: $5,000
Memberships needed: 300
Minneapolis & St. Paul TNC License: approx. $90,000
Memberships needed: 2,000
TNC License: $5,000
Annual renewal fee: $5,000
Memberships needed: 300
TNC License: up to $22,500
Annual renewal fee: $22,500
Memberships needed: 1000
TNC License: up to $30,000
Annual renewal fee: $30,000
Memberships needed: 1200
TNC License: $5,000
Annual renewal fee: $5,000
Memberships needed: 300
TNC License: $111,250
Annual renewal fee: $5,000
Memberships needed: 3000
Each city has its own requirements and licensing fees. For Portland, the TNC license fee is $262.50
Memberships needed: 250
Frequently Asked Questions
Firstly, we are not a company. We’re a driver majority-owned multi-stakeholder cooperative, where a large group of drivers came together to create a better alternative, where the voices of all drivers are being heard. This original group of hundreds of drivers in California, who purchased their co-op memberships, is what allowed us to purchase the insurance and TNC license to launch in California. For those of you interested in trying our app without paying, we have a free membership option where you get 55% of the fares (after insurance, tax and credit card fee), with no share (compared to 85-90% of the fare for member-owners). Free members who have driven with us for a month and would like to become members, would be able to purchase their membership based on the market price.
We have a marketing package available here: https://drive.google.com/drive/folders/1ARNSdB7FFx45n82LIomHNSMcHjbmXaYD?usp=sharing
To edit and add your referral code, use Adobe Acrobat Pro (free trial): https://www.adobe.com/acrobat/free-trial-download.html
As soon as we have enough drivers signed up in your state, we will start a membership drive at $100 per membership, which will go towards purchasing the rideshare insurance and license(s) we need in your state to go live. For a partial list of membership requirements in most states, please see above.
We are aiming to launch the food delivery, in any city where we have at least 50 restaurants, within a month after launching the rideshare there, to ensure that we have enough drivers available. In the meantime, you still have the option to deliver packages through our rideshare app!
Whether you’re a driver, or a passenger, or a business, you can help by referring more people to the platform, today! If you’re a driver, share your referral code (found in your app menu under Referral) with other drivers, customers and businesses to have them register under you, and earn commissions every time they complete an order! Watch our referral video for more information.
In California, we already purchased commercial insurance for all our members with full coverage for periods 1-3. In other states, we do not currently have insurance and if you are a private-for-hire driver with your own commercial or fleet insurance, you are eligible to book rides through our app.
Yes, you can. We accept any valid vehicle inspections from certified mechanics, as long as they have been completed within the last 12 months. If you need to complete a vehicle inspection, you can download the inspection form here.
The car must generally be 15 years old or newer. So, in 2024, this means your vehicle should be from 2009 or newer.
Please contact HireRight to get an update about your application:
- Within USA:
Live Help: through your Applicant Center login
Email: customerservice@hireright.com
Phone: Contact us at 866-521-6995
- Within CANADA
Live Help through your Applicant Center login
Email: CanadaCandidate@hireright.com
Phone: Contact us at 888-813-9003
We will activate your account as soon as possible as we are experiencing an extremely high volume of requests. Please give us at least a day to activate your account and if we need anything else from you, we will contact you. Make sure that you have uploaded all the mandatory documents, including your valid vehicle inspection report.
We are experiencing a massive volume of membership registrations and are doing our best to issue certificates as quickly as possible. If you haven’t received yours yet, rest assured you will receive an email from us with your certificate within the next 1-2 days. We apologize for the delay.
Fare Co-op is a rideshare service that’s very different from both Uber and Lyft. Their model considers you to be independent contractors but really you are not. They do provide the ride requests but that’s all they do and you are at their mercy if and when they choose to deactivate your account.
In other words you are just really an employee in their eyes and you can see that by the way they treat you and how much of the fare they take and what little they give you.
They are investing in themselves and not you the driver without who they have no business.
It is also important to realize that they will soon kick you off their platform when they get all their autonomous vehicles rolling then what are you going to do? Fare Co-op is really your business because you are a part owner in it and as such you have to help build up the business, this is why the referral program is so important. We do this by referring other drivers and passengers alike, this is the only way to secure rides and build your own business with your own clientele by referring passengers and having them save you as their favorite driver.
We are not Uber and Lyft, this is all about building your own business and doing what actually works for many drivers. This is what ownership means. We are not like YRide where you pay $150 a month in subscriptions, get no ownership and still have to bring your own passengers. Here you’re an actual owner and get 85% of the earnings and benefit from the growth in the value of your share as the business continues to grow. At the end of the day we want to be the owners of the autonomous vehicles and have those vehicles working for us and not replacing us like Uber and Lyft is getting ready to do to us shortly. We have to make the business successful by converting our passengers from Uber and Lyft that we have in our back seats every day. You have to convert them over to Fare Co-op by having them sign up with your referral code and ask them to make you their favorite driver so you get first choice for picking them up when they make a request. That is how other drivers have been extremely successful with us and when other passengers who have been referred by other drivers request rides and they are not available to pick them up, then it goes to the driver who is closest to that rider. But you still end up earning referral commissions every time your customer rides with us.
We encourage our drivers to learn from the experience of others who have been successful on our app, getting 10-15 rides a day after referring 100+ customers. If you refer 15-20 customers a day that you get from Uber and Lyft and do this over the course of 2 weeks, you are guaranteed to keep yourself busy from your referrals. Just think of how Lyft became Lyft thanks to all those drivers who put in the work to convert their passengers from Uber. We’re doing the same thing, except here you earn residual income for life, not just one time.
This is the strategy we’ve been using since day one and have been encouraging our drivers to learn from those who have been successful on our app, which truly allows you to build your own business and your own customer base. We’re more than happy to put you in touch with other drivers who can share their positive experience with you and encourage you to take advantage of the many benefits of our platform, as this is the only solution for the driverless vehicles out there that actually secures the future of drivers.
