Flexcar

Boston, United States Founded: 2000 • Age: 26 yrs
Provider of car loans

About Flexcar

Flexcar is a Transportation, Automotive & Logistics company based in Boston (United States) founded in 2000. Provider of car loans. Flexcar has raised $59.52 million across 1 funding round from investors including Venture Friends, Seaya and Frontline Ventures. The company has 63 employees. Its website flexcar.com draws about 534 thousand monthly visits. Its Indian entity Flexcar India Private Limited reported revenue of β‚Ή15.3 Lakh. Flexcar offers products and services including Flexcar Leasing and Flexcar Gas Saver. Its focus areas include Auto, Auto Retail & Aftersales, Financial Services and Finance. Its competitors include AutoGravity, AGORA Data and DRIVEiT; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters Boston, United States
  • Employees 63
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Business and Consumer Services · Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flexcar.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Flexcar India Private Limited
  • Date of Incorporation 15 Sep, 2021
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹15.3 Lakh

    FY 2025 · -100% YoY

  • Indian entity net loss
    -₹23.9 Lakh

    FY 2025 · -156% margin

  • Indian entity EBITDA
    ₹27,949

    FY 2025 · 2% margin

  • Total Equity Funding
    $59.52M (USD)

    in 1 rounds

  • Latest Funding Round
    $59.52M (USD), Series C

    Jun 2021

  • Investors
  • Employee Count
    63

Products & Services of Flexcar

Flexcar offers a comprehensive portfolio of products and services, including Flexcar Leasing and Flexcar Gas Saver.

Flexcar Leasing
Car Subscription Service

Month-to-month leasing with no down payment and flexible options

Flexcar Gas Saver
Fuel Savings Program

Discount program for gas at Sunoco stations

Apps and channels of Flexcar

Flexcar publishes 2 mobile apps with over 50K+ downloads.

Flexcar
Google Play Auto & Vehicles Everyone Free
Developer: Flexcar, LLC
View on Google Play
My Flexcar
App Store Travel 4+
Developer: Flexcar
View on App Store

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.

  • Total Funding $59.52M
  • Total Rounds 1
  • Last Round Series C β€” $59.52M
  • First Round $59.52M

    (Jun 2021)

  • Investors Count 4

All 1 funding rounds of Flexcar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$59.52MSeries C––
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments are made in proptech, fintech, SaaS, and multiple sectors.
venturefriends.vcAthens, Greece
Tech companies are funded by Seaya, a venture capital firm.
seaya.vcMadrid, Spain
Venture capital firm focused on B2B companies
frontline.vcDublin, Ireland
uni.fund
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Investor details for Flexcar

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Verified entity values are shown only after access is granted.

Board of directors of Flexcar India Private Limited (Flexcar)

Flexcar India Private Limited is the primary company behind Flexcar. The board of Flexcar India Private Limited currently have 2 directors; the longest-serving is Ramasubramaniyan Srinivasan, appointed in 2024. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramasubramaniyan Srinivasan
DIN 11274800
Director13 Mar 20242 yrs 7 moFlexcar India Private Limited
Inderpal Singh Lall
DIN 10834826
Director30 Jun 20251 yr 4 moFlexcar India Private Limited

People of Flexcar

31 people are tracked at Flexcar (10 in leadership, 21 in team); the tracked headcount is 63.

NameRoleGroup
George Bizas
President and Co-founderLeadership
Kyle Helisek
VP Of FinanceLeadership
Ryan Quinlan
President & Chief Operating OfficerLeadership
Lesley Ong
Director, Infrastructure And Strategic PlanningLeadership
Jake Marston
VP Of MarketingLeadership
Michael Zambrano
Executive Head Of RiskLeadership
Lucas Dunn
Vice President Of Product & EngineeringLeadership
Nigel Thomas
Vice President OperationsLeadership
Jonathan Coombs
Director Of Product Management, RiskLeadership
Deirdre Kirby Lydon
Chief Legal OfficerLeadership
Gary Riedel-Gaudet Cpa, Msa
ControllerTeam
Kevin Zheng
Group Product ManagerTeam
Oleksandr S.
Senior Product DesignerTeam
Anncatherine Conneen
Performance Marketing Co-opTeam
John Buschini II
Senior Manager, Growth MarketingTeam
Adam Miller
New Market Operations ManagerTeam
Mark Alexander
Group Product Design ManagerTeam
Emma Hsieh
Senior Product DesignerTeam
Kelly Conlin
Senior Marketing ManagerTeam
Addison P.
Product Operations CoordinatorTeam

11 more people are available in the full profile.

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Complete people profiles for Flexcar

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Financials of Flexcar

Figures of Flexcar India Private Limited, the primary company behind Flexcar, for FY 2025. Revenue was ₹15.3 Lakh (-100% year on year). Net loss was -₹23.9 Lakh (-156% margin). EBITDA was ₹27,949 (2% margin). Revenue has grown at a compounded annual rate of -68% over three years.

  • ₹15.3 LakhRevenue · FY 2025 · -100% YoY
  • -₹23.9 LakhNet loss · -156% margin
  • ₹27,949EBITDA · 2% margin
  • ₹7.5 LakhPaid-up capital
  • 63Employees (provident fund records)
  • -68%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Flexcar India Private Limited are on its company page.

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Detailed financial statements for Flexcar

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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Timeline of Flexcar

2 dated milestones of Flexcar across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Flexcar is founded.
  2. Funding First funding round of $59.5M.

Competitors of Flexcar

Flexcar has 3 listed competitors in our database, 1 of them funded. They include AutoGravity, AGORA Data and DRIVEiT.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
autogravity.com2015Irvine, United States$80M4
Operates a peer-to-peer platform for car loans.
agoradata.com2017Arlington, United States
Automotive loans are exchanged via a P2P data marketplace.
driveitag.com2016Orange, United States
Provides auto finance and credit building services to consumers.
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Detailed competitors of Flexcar

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  • Full competitor set
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Verified entity values are shown only after access is granted.

Web traffic of Flexcar

The website of Flexcar (flexcar.com) receives about 534.1K visits a month and ranks #73,688 among all websites worldwide, #1,864 in Business Services.

  • Monthly visits
    534.1K

    ▲ 13.9% vs previous month

  • Unique visitors
    226.5K

    per month

  • Global rank
    #73,688

    among all websites

  • Category rank
    #1,864

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with Flexcar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
carly.co
100%
35.4K#789,812View details
terra.do
93%
120.1K#291,693View details
getspiffy.com
93%
15.7K#1,618,954View details
zillow.com
72%
321.9M#68View details
enterprise.com
67%
13.8M#3,381View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about 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. The company's 1st funding round was a Series C of $59.52M, raised on Jun 2021.

Flexcar has 63 employees.

The primary company behind Flexcar, Flexcar India Private Limited, reported revenue of β‚Ή15.3 Lakh for FY 2025, down 100% year on year.

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.

Flexcar operates through Flexcar India Private Limited.

The legal entities of Flexcar currently have 2 directors, including Ramasubramaniyan Srinivasan, Inderpal Singh Lall.

Yes. Flexcar publishes Flexcar and 1 more app, with over 50,000 downloads.

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