About Flexcar
Flexcar is a company based in Boston (United States) founded in 2000. Flexcar has raised $59.52 million across 1 funding round from investors including Venture Friends, Seaya and Frontline Ventures. The company has 63 employees as of March 28, 2024. Flexcar offers products and services including Flexcar Leasing and Flexcar Gas Saver. Flexcar operates in a competitive market with competitors including AutoGravity, AGORA Data, DRIVEiT, LOANIFY and Overseas Credit, among others.
- Headquarter Boston, United States
- Employees 63 as on 28 Mar, 2024
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Sectors
Transportation, 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 Flexcar India Private Limited
- Date of Incorporation 15 Sep, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$2.94 M (USD)444.34as on Mar 31, 2023
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Net Profit
$286.38 K (USD)446.64as on Mar 31, 2023
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EBITDA
$385.49 K (USD)420.5as on Mar 31, 2023
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Total Equity Funding
$59.52 M (USD)
in 1 rounds
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Latest Funding Round
$59.52 M (USD), Series C
Jun 30, 2021
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Investors
Venture Friends
& 3 more
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Employee Count
63
as on Mar 28, 2024
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Products & Services of Flexcar
Flexcar offers a comprehensive portfolio of products and services, including Flexcar Leasing and Flexcar Gas Saver.
Month-to-month leasing with no down payment and flexible options
Discount program for gas at Sunoco stations
People of Flexcar
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Funding Insights of Flexcar
Flexcar has successfully raised a total of $59.52M through 1 strategic funding round. The most recent funding activity was a Series C round of $59.52 million completed in June 2021. 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.
Investors in Flexcar
Flexcar has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Venture Friends, Seaya and Frontline Ventures.
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Investments are made in proptech, fintech, SaaS, and multiple sectors.
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Tech companies are funded by Seaya, a venture capital firm.
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Venture capital firm focused on B2B companies
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Investor details for Flexcar
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Flexcar
Investment portfolio details for Flexcar
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Financial Statements - Flexcar
Detailed financials for Flexcar
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Flexcar Comparisons
Peer comparison for Flexcar
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- Named peers
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Competitors of Flexcar
Flexcar 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 AutoGravity, AGORA Data, DRIVEiT, LOANIFY and Overseas Credit, among others.
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Operates a peer-to-peer platform for car loans.
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Automotive loans are exchanged via a P2P data marketplace.
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Provides auto finance and credit building services to consumers.
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Operates a peer-to-peer marketplace for auto loans, connecting borrowers and lenders.
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Detailed competitors of Flexcar
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Latest news on Flexcar
Complete news archive for Flexcar
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Frequently Asked Questions about Flexcar
Flexcar was founded in 2000 and raised its 1st funding round 21 years after it was founded.
Flexcar is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Flexcar is a funded company, having raised a total of $59.52M across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Flexcar is 63.
Annual revenue of Flexcar is $2.94M as on Mar 31, 2023.
Flexcar was established in 2000 and is headquartered in Boston, United States. Automotive financing services are offered, with a focus on car loans for vehicle acquisitions. Operations center on the lending industry, where credit assessments and repayment plans are managed for individual and commercial clients. Geographic coverage includes the broader U.S. market, supporting access to transportation funding options.
Flexcar's top competitors include AGORA Data, AutoGravity and DRIVEiT.
Flexcar offers Flexcar Leasing and Flexcar Gas Saver.
Flexcar has 4 investors. Key investors include Venture Friends, Seaya, Frontline Ventures, and Uni.Fund.