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Fasten Inc. was a venture-backed ride-sharing company that positioned itself as a more driver-friendly alternative to competitors like Uber and Lyft by taking a smaller commission per ride. Launched in Boston in 2015 and later in Austin in 2016, Fasten aimed to provide transparent pricing for riders and better earnings for drivers. The company gained initial traction, particularly in Austin after Uber and Lyft temporarily ceased operations there. However, in early 2018, Fasten's US operations were shut down following its acquisition by Vezet Group (Rutaxi), one of Russia's largest ride-hailing service providers.
Served as the main operational hub for its US ride-sharing services, including technology development, marketing, driver onboarding, and customer support.
Likely a modern, open-plan office space typical of tech startups, designed to foster collaboration and innovation in a fast-paced environment.
As a startup challenging established players, Fasten's work culture was likely dynamic, ambitious, and focused on rapid growth and disruption within the transportation network industry. Emphasis would have been on agile development and a driver-centric business model.
The Boston headquarters was crucial for launching and scaling Fasten's US operations, developing its platform, and competing in the North American market.
While its primary consumer-facing operations were in Boston and Austin in the USA, Fasten Inc. had international links, particularly with its founding team and alleged R&D operations in St. Petersburg, Russia. Its acquisition by the Russian company Vezet Group solidified these international ties, though it marked the end of its direct US market presence.
12 Channel St, Suite 604
Boston
MA
USA
Address: Specific street address not publicly detailed; operations were city-wide.
To capture and serve the Austin ride-sharing market, capitalizing on unique local conditions and establishing a strong user base.
Address: Specific street address not publicly detailed.
Served as a core technology development center, focusing on the platform's backend, mobile app development, and algorithmic improvements.
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As of April 2025, Fasten' leadership includes:
Fasten has been backed by several prominent investors over the years, including:
The most significant executive changes occurred around the acquisition by Vezet Group in early 2018, leading to the transition of the founding leadership team out of their roles related to US operations as these services were discontinued.
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Based on common startup conventions, Fasten Inc. likely used email formats such as first name initial followed by last name, or first name dot last name, at their domain fasten.com. These formats are no longer active for US operations.
[first_initial][last]@fasten.com or [first].[last]@fasten.com
Format
jdoe@fasten.com or jane.doe@fasten.com
Example
0%
Success rate
TechCrunch • March 1, 2018
Ride-sharing startup Fasten announced it is ceasing operations in the U.S. (Boston and Austin) after being acquired by Vezet Group, one of Russia’s largest ride-hailing companies. The acquisition amount was not disclosed....more
Austin American-Statesman • June 1, 2016
Fasten, a Boston-based ride-hailing company, officially launched its services in Austin, becoming one of several companies to enter the market after Uber and Lyft suspended their local operations due to city regulations....more
BostInno (American City Business Journals) • October 27, 2015
Fasten, a new ride-hailing app billing itself as a more driver-friendly alternative, has launched in Boston. The company charges drivers a flat $0.99 fee per ride, instead of a percentage....more
Reuters • September 19, 2016
Fasten, a ride-hailing app operating in Boston and Austin, Texas, said it has raised $10 million in a Series A funding round led by Almaz Capital to fuel its U.S. expansion....more
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