About CiteeCar
CiteeCar is a Travel & Hospitality company based in Luxembourg (Luxembourg) founded in 2012. Self-service car sharing is provided for urban mobility needs. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. CiteeCar has raised $10 million across 1 funding round from investors including Mangrove Capital Partners. CiteeCar offers products and services including Check Engine Light Guide, Mass Air Flow Fix Guide, Engine Stroke Explanation, Vacuum Advance Connection Guide, and HP Increase with Cam Guide. Its focus areas include Consumer, Online Travel, Transportation and Car. Its competitors include UFODrive and Carloh; 1 of its 2 listed competitors has raised funding.
Company details
CiteeCar was founded in 2012 and is headquartered in Luxembourg. Operations focus on the mobility sector through low-cost self-service car rentals targeted at urban residents and businesses. Initial rollout occurred in Berlin, followed by expansions to Hamburg, Munich, and Frankfurt. Further deployments are planned across additional German and European cities to support car-sharing services.
- Headquarters Luxembourg, Luxembourg
- SectorsTravel & HospitalityTransportation, Automotive & Logistics
- Website citeecar.com
- Social LinkedIn X Facebook
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Apr 2014
- Investors
Products & Services of CiteeCar
CiteeCar offers a comprehensive portfolio of products and services, including Check Engine Light Guide, Mass Air Flow Fix Guide, Engine Stroke Explanation, Vacuum Advance Connection Guide, and HP Increase with Cam Guide.
Explains causes of flashing light and vehicle shaking issues.
Details diagnosing and repairing bad mass air flow sensors.
Describes differences between compression and exhaust strokes.
Instructs where to hook up vacuum advance for engine timing.
Outlines how cams add horsepower to engines.
Funding Insights of CiteeCar
CiteeCar has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million 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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Apr 2014)
- Investors Count 1
All 1 funding rounds of CiteeCar 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 | $10M | Series A | – | Mangrove Capital Partners | – |
1 investors in total: 1 institutional.
Investors in CiteeCar
CiteeCar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mangrove Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward tech sectors. | mangrove.vc | Luxembourg, Luxembourg |
Investor details for CiteeCar
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
Verified entity values are shown only after access is granted.
Timeline of CiteeCar
2 dated milestones of CiteeCar across 2 years, from founding to its latest funding, stage changes and deals.
- Founded CiteeCar is founded.
- Funding First funding round of $10.0M.
Competitors of CiteeCar
CiteeCar has 2 listed competitors in our database, 1 of them funded. They include UFODrive and Carloh.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ufodrive.com | 2018 | Luxembourg | $21.56M | App-based electric car rental service provider | ||
| carloh.lu | 2015 | Luxembourg | Operates a self-drive car sharing platform for convenient vehicle access. |
Detailed competitors of CiteeCar
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.
Web traffic of CiteeCar
Websites that share an audience with CiteeCar (citeecar.com).
Websites whose visitors overlap most with CiteeCar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| stadtmobil.de | 100% | #161,460 | View details | ||
| cambio-carsharing.de | 97% | #248,841 | View details | ||
| book-n-drive.de | 84% | 28.3K | #556,775 | View details | |
carsharing-vergleich.de | carsharing-vergleich.de | 82% | – | ||
| multicity-carsharing.de | 80% | View details |
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Frequently Asked Questions about CiteeCar
CiteeCar was founded in 2012 and raised its 1st funding round 2 years after it was founded.
CiteeCar is headquartered in Luxembourg, Luxembourg.
CiteeCar is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Apr 2014.
CiteeCar was founded in 2012 and is headquartered in Luxembourg. Operations focus on the mobility sector through low-cost self-service car rentals targeted at urban residents and businesses. Initial rollout occurred in Berlin, followed by expansions to Hamburg, Munich, and Frankfurt. Further deployments are planned across additional German and European cities to support car-sharing services.
CiteeCar offers Check Engine Light Guide, Mass Air Flow Fix Guide, Engine Stroke Explanation, Vacuum Advance Connection Guide, and HP Increase with Cam Guide.
CiteeCar has 1 investor. Key investors include Mangrove Capital Partners.