About CarHopper
CarHopper is a company based in Miami (United States) founded in 2015 was acquired by Turo in March 2020.. CarHopper has raised $1.6 million across 2 funding rounds from investors including Turo.
- Headquarter Miami, United States
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Software Development Team
109 people
Leadership Team
29 people
Senior Team
24 people
Sales and Marketing
22 people
Product Management Team
17 people
Operations Team
13 people
Legal and Compliance
8 people
Finance and Accounting
7 people
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Funding Insights of CarHopper
CarHopper has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in April 2017. 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 — $1.5M
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First Round
First Round
(07 Apr 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Seed - CarHopper | Valuation |
investors |
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| Apr, 2015 | Amount | Seed - CarHopper | 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 CarHopper
CarHopper has secured backing from 1 investor. Prominent investors backing the company include Turo. 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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Peer-to-peer car rentals are facilitated via a mobile app.
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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 CarHopper
| 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 - CarHopper
| 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 |
Carhopper Comparisons
Competitors of CarHopper
| 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 CarHopper
When was CarHopper founded?
CarHopper was founded in 2015.
Where is CarHopper located?
CarHopper is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is CarHopper a funded company?
CarHopper is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Apr 07, 2015.
What does CarHopper do?
CarHopper was founded in 2015 and is headquartered in Miami, United States. The platform operates in the luxury automotive rental sector, partnering with local companies across the US to offer access to exotic vehicles such as Ferraris, Bentleys, Lamborghinis, and McLarens. Users are enabled to search and select options based on dates, destinations, makes, and models, with bookings processed through the online interface at carhopper.co.
Who are CarHopper's investors?
CarHopper has 1 investor. Key investors include Turo.
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