In the News

California Greenlights Flywheel’s Smartphone Tech for Taxis

Date: 12/22/2015

Company: Flywheel Software

Source: Fortune

With regulatory approval in California, Flywheel is now gearing up to win over New York City’s taxi industry.

Amid the ride-hailing craze that’s seemingly taken over everywhere, one company is still focused on old school taxis.

Flywheel, a San Francisco company founded in 2009, is best known for equipping taxis with mobile apps used for picking up ride requests, similar to Uber and Lyft, and taking a cut from most of those fares.

On Tuesday, Flywheel said its new system, TaxiOS, received approval from the California Division of Measurement Standards. The company hopes its all-in-one software will replace everything in a taxi—from the meter to the credit card reader and GPS—with just a smartphone.

The California agency’s approval means that its system has been deemed accurate and reliable per its standards, and that Flywheel can now sell it to taxi companies in the state.

Read full story at Fortune

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