About FlexiDrive.se
FlexiDrive.se is a company based in Stockholm (Sweden) founded in 2010 was acquired by SnappCar in October 2015.. FlexiDrive.se has raised $500 thousand across 2 funding rounds from investors including SnappCar, Schibsted Media Group and European Union. FlexiDrive.se operates in a competitive market with competitors including Heap Carsharing and Ridebite, among others.
- Headquarter Stockholm, Sweden
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of FlexiDrive.se
FlexiDrive.se has successfully raised a total of $500K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $230.93 thousand completed in September 2016. 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 Total Funding
- Total Rounds 2
- Last Round Grant — $230,933
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First Round
First Round
(01 Jun 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Grant - FlexiDrive.se | Valuation |
investors |
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| Jun, 2012 | Amount | Seed - FlexiDrive.se | Valuation |
investors |
| 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 |
Investors in FlexiDrive.se
FlexiDrive.se has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include SnappCar, Schibsted Media Group and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Leading Nordic news brands are operated by media house.
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Online P2P platform providing car rental services
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 FlexiDrive.se
| 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 - FlexiDrive.se
| 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 |
Flexidrive.Se Comparisons
Competitors of FlexiDrive.se
FlexiDrive.se 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 Heap Carsharing and Ridebite, 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 |
Peer-to-peer car rentals are enabled via a mobile application.
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| domain | founded_year | HQ Location |
Operates a marketplace for car rentals to connect users and providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 FlexiDrive.se
When was FlexiDrive.se founded?
FlexiDrive.se was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is FlexiDrive.se located?
FlexiDrive.se is headquartered in Stockholm, Sweden.
Is FlexiDrive.se a funded company?
FlexiDrive.se is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2012.
What does FlexiDrive.se do?
FlexiDrive.se was established in 2010 in Stockholm, Sweden, as an online peer-to-peer car sharing platform serving users across Europe. Rental prices are determined by car owners, with a commission deducted from each booking by the company. Operations focus on facilitating vehicle access between owners and renters. The platform was acquired by Snappcar in 2015 and had been co-owned earlier by its founders and Schibsted.
Who are the top competitors of FlexiDrive.se?
FlexiDrive.se's top competitors include Heap Carsharing and Ridebite.
Who are FlexiDrive.se's investors?
FlexiDrive.se has 3 investors. Key investors include SnappCar, Schibsted Media Group, and European Union.