About adverCar
adverCar is a company based in San Francisco (United States) founded in 2011 by Neil Turner.. adverCar has raised $2.4 million across 2 funding rounds from investors including 1-800-Flowers.com, Canaan and Branford Castle Partners. adverCar operates in a competitive market with competitors including Wrapify, Wrapmate, Carvertise, Ubiklan and Adsposure, among others.
- Headquarter San Francisco, United States
- Founders Neil Turner
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.4 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Jul 30, 2012
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Investors
1-800-Flowers.com
& 4 more
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Employee Count
Employee Count
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Funding Insights of adverCar
adverCar has successfully raised a total of $2.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.0M
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First Round
First Round
(19 Apr 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2012 | Amount | Seed - adverCar | Valuation | Canaan | |
| Apr, 2012 | Amount | Seed - adverCar | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in adverCar
adverCar has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include 1-800-Flowers.com, Canaan and Branford Castle Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Branford Castle Partners is engaged in private market investments.
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Founded Year | Domain | Location | |
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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage ventures are supported through investments in New Orleans.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by adverCar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - adverCar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advercar Comparisons
Competitors of adverCar
adverCar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wrapify, Wrapmate, Carvertise, Ubiklan and Adsposure, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Crowdsourced advertising platform connecting drivers and brands to create on-vehicle advertising
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| domain | founded_year | HQ Location |
In-transit ad network software and vehicle wrap solutions are provided.
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| domain | founded_year | HQ Location |
Advertisements are displayed on vehicles by compensated drivers.
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| domain | founded_year | HQ Location |
Platform to put advertisement on vehicles
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| domain | founded_year | HQ Location |
Transit advertising solutions for advertisers and agencies in urban areas.
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| domain | founded_year | HQ Location |
Operates an in-transit advertising platform for taxis.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about adverCar
When was adverCar founded?
adverCar was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is adverCar located?
adverCar is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of adverCar?
Neil Turner is the current CEO of adverCar. They have also founded this company.
Is adverCar a funded company?
adverCar is a funded company, having raised a total of $2.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Apr 19, 2012.
What does adverCar do?
adverCar, founded in 2011 in San Francisco, United States, focuses on handling advertising. It functions as an auto advertising Led by Neil Turner as Founder, CEO. The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Who are the top competitors of adverCar?
adverCar's top competitors include Wrapify, Carvertise and Wrapmate.
Who are adverCar's investors?
adverCar has 5 investors. Key investors include 1-800-Flowers.com, Canaan, Branford Castle Partners, New Orleans Startup Fund, and Jit Saxena.
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