About EVmo
EVmo is a company based in Manhattan Beach (United States) founded in 2002. EVmo has raised $6.12 million across 2 funding rounds. EVmo operates in a competitive market with competitors including Turo, Getaround, Wheelz.com, FlightCar and HiGear, among others.
- Headquarter Manhattan Beach, United States
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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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Annual Revenue
$12.56 M (USD)22.69as on Dec 31, 2022
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Net Profit
-$7.14 M (USD)52.34as on Dec 31, 2022
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EBITDA
-$1.23 M (USD)75.79as on Dec 31, 2022
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Total Equity Funding
$6.12 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Mar 08, 2018
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Investors
Not available
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Employee Count
Not available
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Funding Insights of EVmo
EVmo has successfully raised a total of $6.12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in March 2018. 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.
Investments & Acquisitions by EVmo
Investment portfolio details for EVmo
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Financial Statements - EVmo
Detailed financials for EVmo
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Evmo Comparisons
Peer comparison for EVmo
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Competitors of EVmo
EVmo 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, Wheelz.com, FlightCar and HiGear, among others.
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Peer-to-peer car rentals are facilitated via a mobile app.
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App-based peer-to-peer carsharing platform
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Vehicles are leased peer-to-peer on hourly or daily basis.
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Operates a marketplace for renting parked vehicles at airports.
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Online P2P car rental aggregator
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Detailed competitors of EVmo
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Latest news on Evmo
Complete news archive for EVmo
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Frequently Asked Questions about EVmo
EVmo was founded in 2002 and raised its 1st funding round 15 years after it was founded.
EVmo is headquartered in Manhattan Beach, United States. It is registered at Manhattan Beach, California, United States.
Stephen M Sanchez is the current CEO of EVmo.
EVmo is a funded company, having raised a total of $6.12M across 2 funding rounds to date.
Annual revenue of EVmo is $12.56M as on Dec 31, 2022.
App-based car rental platform. The platform offers technology-enabled fleet management and rental services that connects gig drivers with electric, hybrid, and delivery vehicles.
EVmo's top competitors include Getaround, Turo and Wheelz.com.