About Carzapp
Carzapp was a Travel & Hospitality company based in Berlin (Germany) founded in 2007 by Sahil Sachdeva. It operates a peer-to-peer platform for convenient car sharing among users. It operates on a B2C model. Carzapp has raised $300 thousand across 2 funding rounds from investors including TU Berlin. The company is recorded as dissolved. Its focus areas include Transportation, Sharing Economy, Car Sharing and Peer-to-Peer. Its competitors include Getaround, tamyca Carsharing, Croove, GETAWAY and Autonetzer; 1 of its 5 listed competitors has raised funding.
Company details
Carzapp operates a peer-to-peer platform for convenient car sharing among users, focusing on providing transportation services, sharing economy, car sharing, and peer-to-peer. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Berlin, Germany
- Founders Sahil Sachdeva
- SectorsTravel & Hospitality
- Website carzapp.net
- Social X Facebook
- Total Equity Funding$300K (USD)
in 2 rounds
- Latest Funding Round$300K (USD), Seed
Apr 2014
- Investors
Funding Insights of Carzapp
Carzapp has successfully raised a total of $300K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in April 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 $300,000
- Total Rounds 2
- Last Round Seed — $300,000
- Investors Count 1
All 2 funding rounds of Carzapp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2014 | $300,000 | Seed | – | – | – |
| Jun 2011 | – | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Carzapp
Carzapp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TU Berlin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
University offering multiple courses and degrees across diversified streams | 1879 | tu.berlin | Berlin, Germany |
Investor details for Carzapp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Carzapp
1 people are tracked at Carzapp (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sahil Sachdeva | Co-Founder and CTO | Leadership |
Complete people profiles for Carzapp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Carzapp
3 dated milestones of Carzapp across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Carzapp is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $300K.
Competitors of Carzapp
Carzapp has 5 listed competitors in our database, 1 of them funded. They include Getaround, tamyca Carsharing, Croove, GETAWAY and Autonetzer, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getaround.com | 2011 | San Francisco, United States | $736.3M | 128 | App-based peer-to-peer carsharing platform | |
| tamyca.de | 2010 | Aachen, Germany | – | – | Operates a peer-to-peer marketplace for car rentals. | |
| letscroove.com | 2016 | Munich, Germany | – | 6 | Peer-to-peer car rentals are aggregated online for owners and renters. | |
| getaway.pro | 2015 | Berlin, Germany | – | 4 | App-based van and truck rental services are provided. | |
| autonetzer.de | 2010 | Stuttgart, Germany | – | – | Offers app-based car sharing and rental from private and professional owners. |
Detailed competitors of Carzapp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Shared Accommodation
10 companies that operate in the same segment as Carzapp (Shared Accommodation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Community governance is facilitated through a DAO-based travel platform. | 2008 | Lisbon, Portugal | USD 5 M | – | – | |
Sentral was founded in 2021 and is based in Denver. | 2021 | Denver, Colorado, United States | – | – | – | |
Platform for booking verified student housing near universities worldwide. | 2016 | Noida, Uttar Pradesh, India | USD 2.63 M | USD 491.7 K | – | |
Operates an online marketplace for finding shared accommodations and flatmates. | 2019 | Gurugram, Haryana, India | USD 34.47 K | USD 0.19 | – | |
WudStay provides an online platform for booking PG and hostel accommodations tailored to students and travelers. | 2015 | Gurugram, Haryana, India | USD 3 M | USD 117.41 K | – | |
Alternative housing solutions and food services for millennials and professionals in India. | 2021 | Bengaluru, Karnataka, India | – | USD 2.01 M | 54 | |
Shared accommodation services are provided in the United Kingdom. | 2009 | United Kingdom | – | – | – | |
Delivers comprehensive solutions for managing co-living accommodation spaces. | 2019 | Hyderabad, Telangana, India | – | USD 1.05 M | – | |
Provider of apartments for rent | 2018 | Wolverhampton, United Kingdom | – | – | 15 | |
Provides furnished coliving spaces with amenities in major Indian cities. | 2020 | Pune, Maharashtra, India | – | USD 385.92 K | – |
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Frequently Asked Questions about Carzapp
Carzapp was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Carzapp is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Carzapp is a funded company, having raised a total of $300K across 2 funding rounds to date.
Carzapp operates a peer-to-peer platform for convenient car sharing among users, focusing on providing transportation services, sharing economy, car sharing, and peer-to-peer. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Carzapp has 1 investor. Key investors include TU Berlin.