About Croove
Croove is a company based in Munchen (Germany) founded in 2016 was acquired by Turo in September 2017.. The company has 6 employees as of December 31, 2020. Croove offers products and services including Croove App. Croove operates in a competitive market with competitors including Getaround, tamyca Carsharing, GETAWAY, Carzapp and Autonetzer, among others.
- Headquarter Munchen, Germany
- Employees 6 as on 31 Dec, 2020
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Turo Germany Gmbh
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Products & Services of Croove
Croove offers a comprehensive portfolio of products and services, including Croove App. 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.
App for booking and managing peer-to-peer car rentals securely
Funding Insights of Croove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Croove
Croove 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 Croove
| 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 - Croove
| 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 |
Croove Comparisons
Competitors of Croove
Croove 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 Getaround, tamyca Carsharing, GETAWAY, Carzapp and Autonetzer, 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 |
App-based peer-to-peer carsharing platform
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| domain | founded_year | HQ Location |
Operates a peer-to-peer marketplace for car rentals.
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| domain | founded_year | HQ Location |
App-based van and truck rental services are provided.
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| domain | founded_year | HQ Location |
Operates a peer-to-peer platform for convenient car sharing among users.
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| domain | founded_year | HQ Location |
Offers app-based car sharing and rental from private and professional owners.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Croove
When was Croove founded?
Croove was founded in 2016.
Where is Croove located?
Croove is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
How many employees does Croove have?
As of Dec 31, 2020, the latest employee count at Croove is 6.
What does Croove do?
Croove was founded in 2016 in Munich, Germany, as an online platform in the peer-to-peer car rental sector. Vehicles are listed by owners, who specify prices, conditions, and manage rental requests through personal accounts. Renters browse available cars and submit requests. Confirmed bookings result in in-person meetings between parties for vehicle handover, with payments credited to owners accounts following usage completion.
Who are the top competitors of Croove?
Croove's top competitors include Getaround, GETAWAY and tamyca Carsharing.
What products or services does Croove offer?
Croove offers Croove App.
Who are Croove's investors?
Croove has 1 investor. Key investors include Turo.