Car & Away

High Wycombe, United Kingdom Founded: 2016 • Age: 10 yrs
P2P carsharing and parking service
Annual revenue - Latest available
Total funding $6.3M 3 rounds
Employees 30 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Car & Away

Car & Away is a company based in High Wycombe (United Kingdom) founded in 2016 by Andy Hibbert. Car & Away has raised $6.27 million across 3 funding rounds from investors including McGraw Hill, Founders Factory and Adjuvo. The company has 30 employees as of March 31, 2022. Car & Away operates in a competitive market with competitors including Turo, Getaround, HiyaCar, Zoom EV and Karshare, among others.

  • Headquarter High Wycombe, United Kingdom
  • Employees 30 as on 31 Mar, 2022
  • Founders Andy Hibbert
  • Sectors
    Travel & Hospitality
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Carandaway Limited
  • Date of Incorporation 08 Feb, 2016
  • Jurisdiction BIRMINGHAM
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.27 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    McGraw Hill

    & 5 more

  • Employee Count
    30

    as on Mar 31, 2022

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Funding Insights of Car & Away

Car & Away has successfully raised a total of $6.27M across 3 strategic funding rounds. 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.

Investors in Car & Away

Car & Away has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include McGraw Hill, Founders Factory and Adjuvo.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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London-based startups in CleanTech, Manufacturing, and Media sectors are funded.
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Startup studio focused on fintech, telecoms, and multiple sectors
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Investor details for Car Away

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  • Investor domains
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Investments & Acquisitions by Car & Away

Investments
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Investment portfolio details for Car Away

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Financial Statements - Car Away

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Detailed financials for Car Away

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Car & Away Comparisons

Car & Away Primary company
Description
P2P carsharing and parking service
Location
High Wycombe, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
30
As of 2022
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Peer comparison for Car Away

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Competitors of Car & Away

Car & Away 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 Turo, Getaround, HiyaCar, Zoom EV and Karshare, among others.

Company Name Domain Founded year HQ Location Description
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Peer-to-peer car rentals are facilitated via a mobile app.
Locked Locked Locked
App-based peer-to-peer carsharing platform
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App-based P2P car rental platform for travelers
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Online platform that provides car rentals for travelers
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Operates an app-based peer-to-peer car rental aggregator for convenient sharing.
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Detailed competitors of Car Away

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Latest news on Car & Away

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Complete news archive for Car Away

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Frequently Asked Questions about Car & Away

Car & Away was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Car & Away is headquartered in High Wycombe, United Kingdom. It is registered at High Wycombe, Buckinghamshire, United Kingdom.

Andy Hibbert is the current CEO of Car & Away. They have also founded this company.

Car & Away is a funded company, having raised a total of $6.27M across 3 funding rounds to date.

As of Mar 31, 2022, the latest employee count at Car & Away is 30.

Car Away was founded in 2016 in High Wycombe, United Kingdom, within the mobility sector. Peer-to-peer car rental and parking operations are managed at Gatwick Airports, where vehicles are listed by owners for rent during parking in designated lots. Pre-vetted renters access the service via an online platform, providing necessary details for booking. A fixed daily fee is applied to rentals, with payments distributed to vehicle owners.

Car & Away's top competitors include Getaround, Turo and HiyaCar.

Car & Away has 6 investors. Key investors include McGraw Hill, Founders Factory, Adjuvo, Fullbrook Thorpe Investments, and Nick Wheeler.

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