About Autohop
Autohop is a company based in Budapest (Hungary) founded in 2012 was acquired by BlaBlaCar in March 2015.. Autohop has raised $316.71 thousand across 2 funding rounds from investors including BlaBlaCar, Euroventures and iEurope. Autohop offers products and services including Car Sharing Platform and Blog Content. Autohop operates in a competitive market with competitors including Motar and Fahr Fahr Away, among others.
- Headquarter Budapest, Hungary
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Products & Services of Autohop
Autohop offers a comprehensive portfolio of products and services, including Car Sharing Platform and Blog Content. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates shared rides for cost-effective and eco-friendly travel options
Provides insights on car sharing experiences and environmental benefits
Funding Insights of Autohop
Autohop has successfully raised a total of $316.71K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $316.71 thousand completed in June 2014. 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 — $316,711
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Seed - Autohop | Valuation |
investors |
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| Jul, 2012 | Amount | Seed - Autohop | Valuation |
investors |
| 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 Autohop
Autohop has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include BlaBlaCar, Euroventures and iEurope. 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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Investments are made by Euroventures in early-stage tech startups.
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Founded Year | Domain | Location | |
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Value-building services are offered for entrepreneurs and investors.
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Founded Year | Domain | Location | |
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Online platform for intercity carpooling
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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 Autohop
| 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 - Autohop
| 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 |
Autohop Comparisons
Competitors of Autohop
Autohop 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 Motar and Fahr Fahr Away, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Carpooling platform
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| domain | founded_year | HQ Location |
Serves as a carpool platform for music festivals and events.
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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 Autohop
When was Autohop founded?
Autohop was founded in 2012.
Where is Autohop located?
Autohop is headquartered in Budapest, Hungary.
Is Autohop a funded company?
Autohop is a funded company, having raised a total of $316.71K across 2 funding rounds to date.
What does Autohop do?
Autohop was founded in 2012 in Budapest, Hungary, as an online platform in the transportation sector. Inter-city rides were posted by users, enabling empty seats to be booked for cost-sharing. Operations were conducted across Central and Eastern Europe, where the service facilitated ride matching and reduced travel expenses through peer-to-peer arrangements. The domain autohop.hu was utilized for user access and bookings.
Who are the top competitors of Autohop?
Autohop's top competitors include Motar and Fahr Fahr Away.
What products or services does Autohop offer?
Autohop offers Car Sharing Platform and Blog Content.
Who are Autohop's investors?
Autohop has 3 investors. Key investors include BlaBlaCar, Euroventures, and iEurope.