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A rental system for everyday objects
01.
Identification
Thanks to a monthly or prepaid fee, Usitoo provides an unlimited access to a huge library of low-usage objects.
Book, pick, use, bring or send back! Usitoo intends to ease sharing of most objects used less than 10 times a year. Typical categories include sport equipment, cooking, gardening, partying sets, DIY tools, car equipment and leisure equipment. Key operating principles: Usitoo works primarily by having a wide library of objects that it manages in its own warehouses. As users become members of Usitoo, they benefit from a unique account in the platform and a wallet of Usi-points that they accumulate via their monthly member fees or prepaid cards. These points are then spent to rent objects. Users can determine when and where the pickup/dropoff of the object will take place. Usitoo offers a unique software platform with an easy interface for its users to manage their wallets and book their objects, while also preparing all the the information needed by Usitoo to perform its service.
Label Date
March 28, 2019
By
Usitoo
From
Belgium
Maturity stage
Initial market commercialization
Looking For
Visibility, funds, partners
02.
Implementation Stories
Result
Using instead of busying spares 60 to 200 kg of co2 & about 4,7 times the object weight in avoided trash
03.
The environmental benefits
- •700 kg of non renewable resources avoided per Usitoo member on average.
- •4000 kg of CO2e (CO2 equivalent) avoided per Usitoo member on average.
04.
The Financial benefits
- •Members can cover their yearly needs while saving up to 2 000 USD per year.
05.
Activity Region
- Map
- /
- List
Europe
Andorra, Albania, Austria, Åland, Bosnia and Herzegovina, Belgium, Bulgaria, Belarus, Switzerland, Czechia, Germany, Denmark, Estonia, Spain, Finland, Faroe Islands, France, United Kingdom, Guernsey, Gibraltar, Greece, Croatia, Hungary, Ireland, Isle of Man, Iceland, Italy, Jersey, Liechtenstein, Lithuania, Luxembourg, Latvia, Monaco, Republic of Moldova, Montenegro, Republic of Macedonia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Russia, Sweden, Slovenia, Svalbard and Jan Mayen, Slovakia, San Marino, Ukraine, Vatican City, Kosovo,
Asia
United Arab Emirates, Afghanistan, Armenia, Azerbaijan, Bangladesh, Bahrain, Brunei Darussalam, Bhutan, China (Mainland), Cyprus, Georgia, Hong Kong SAR, Indonesia, Israel, India, Iraq, Iran, Jordan, Japan, Kyrgyzstan, Cambodia, North Korea, South Korea, Kuwait, Kazakhstan, Laos, Lebanon, Sri Lanka, Myanmar [Burma], Mongolia, Macao SAR, Maldives, Malaysia, Nepal, Oman, Philippines, Pakistan, State of Palestine, Qatar, Saudi Arabia, Singapore, Syria, Thailand, Tajikistan, East Timor, Turkmenistan, Turkey, Taiwan, Uzbekistan, Vietnam, Yemen,
Africa
Angola, Burkina Faso, Burundi, Benin, Botswana, Democratic Republic of the Congo, Central African Republic, Republic of the Congo, Ivory Coast, Cameroon, Cape Verde, Djibouti, Algeria, Egypt, Western Sahara, Eritrea, Ethiopia, Gabon, Ghana, Gambia, Guinea, Equatorial Guinea, Guinea-Bissau, British Indian Ocean Territory, Kenya, Comoros, Liberia, Lesotho, Libya, Morocco, Madagascar, Mali, Mauritania, Mauritius, Malawi, Mozambique, Namibia, Niger, Nigeria, R̩union, Rwanda, Seychelles, Sudan, Saint Helena, Sierra Leone, Senegal, Somalia, South Sudan, Ṣo Tom̩ and Pr?_ncipe, Swaziland, Chad, French Southern Territories, Togo, Tunisia, Tanzania, Uganda, Mayotte, South Africa, Zambia, Zimbabwe,
North america
Antigua and Barbuda, Anguilla, Aruba, Barbados, Saint Barth̩lemy, Bermuda, Bonaire, Sint Eustatius and Saba, Bahamas, Belize, Canada, Costa Rica, Cuba, Curacao, Dominica, Dominican Republic, Grenada, Greenland, Guadeloupe, Guatemala, Honduras, Haiti, Jamaica, Saint Kitts and Nevis, Cayman Islands, Saint Lucia, Saint Martin, Martinique, Montserrat, Mexico, Nicaragua, Panama, Saint Pierre and Miquelon, Puerto Rico, El Salvador, Sint Maarten, Turks and Caicos Islands, Trinidad and Tobago, United States, Saint Vincent and the Grenadines, British Virgin Islands, U.S. Virgin Islands,
South america
Argentina, Bolivia, Brazil, Bouvet Island, Chile, Colombia, Ecuador, Falkland Islands, French Guiana, South Georgia and the South Sandwich Islands, Guyana, Peru, Paraguay, Suriname, Uruguay, Venezuela,
Australia
American Samoa, Australia, Cocos [Keeling] Islands, Cook Islands, Christmas Island, Fiji, Micronesia, Guam, Heard Island and McDonald Islands, Kiribati, Marshall Islands, Northern Mariana Islands, New Caledonia, Norfolk Island, Nauru, Niue, New Zealand, French Polynesia, Papua New Guinea, Pitcairn Islands, Palau, Solomon Islands, Tokelau, Tonga, Tuvalu, U.S. Minor Outlying Islands, Vanuatu, Wallis and Futuna, Samoa,
- Headquarters
- Activity
06.
Company Profile
Usitoo
Who has never dreamed of borrowing rather than buying objects that are used twice a year and that clutter attics ?
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Headquarters
1070, Belgium
07.
Networking Partner
EIB Institute
The EIB Institute was set up within the EIB Group (European Investment Bank and European Investment Fund) to promote and support social, cultural, and academic initiatives with European stakeholders and the public at large. It is a key pillar of the EIB Group’s community and citizenship engagement.
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Solutions Associated
22
08.
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Usitoo has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.