Garia Utility

Greve, Denmark Founded: 2015 • Age: 11 yrs Acquired By Club Car
Electric utility vehicles are developed by Garia Utility in Denmark.

About Garia Utility

Garia Utility is a company based in Greve (Denmark) founded in 2015 was acquired by Club Car in April 2022.. The company has 34 employees as of December 31, 2022. Garia Utility offers products and services including Club Car Urban, Carryall 500, Carryall 700, and Onward LSV.

  • Headquarter Greve, Denmark
  • Employees 34 as on 31 Dec, 2022
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Club Car, Llc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
    $5.67 B (USD)
    17
    as on Aug 31, 2022
  • Net Profit
    $503.07 M (USD)
    -31
    as on Aug 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    34

    as on Dec 31, 2022

  • Acquired by
    Club Car

    (Apr 09, 2022)

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Products & Services of Garia Utility

Garia Utility offers a comprehensive portfolio of products and services, including Club Car Urban, Carryall 500, Carryall 700, and Onward LSV. 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.

Primary

Utility vehicle for commercial tasks like maintenance and delivery

Designed for cargo transport with passenger options

Heavy-duty model for larger payloads and off-road use

Electric vehicle for passenger transport and light duties

Funding Insights of Garia Utility

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Garia Utility

Garia Utility has secured backing from 1 investor. Prominent investors backing the company include Club Car. 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.

All
Investor Description Founded Year Domain Location
Electric golf carts and low-speed utility vehicles are manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Garia Utility

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Garia Utility

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Garia Utility Comparisons

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Competitors of Garia Utility

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Garia Utility

Frequently Asked Questions about Garia Utility

When was Garia Utility founded?

Garia Utility was founded in 2015.

Where is Garia Utility located?

Garia Utility is headquartered in Greve, Denmark. It is registered at Greve, Region Zealand, Denmark.

How many employees does Garia Utility have?

As of Dec 31, 2022, the latest employee count at Garia Utility is 34.

What is the annual revenue of Garia Utility?

Annual revenue of Garia Utility is $5.67B as on Aug 31, 2022.

What does Garia Utility do?

Garia Utility was established in 2015 in Greve, Denmark, as part of the Garia Group, which emphasizes luxury golf and leisure cars. Electric utility vehicles are developed by the company within the automotive sector. Two models, Garia Utility Park and Garia Utility City, have been introduced and are distributed under the Garia Utility brand via independent dealers. Operations center on vehicle design and market expansion through established networks.

What products or services does Garia Utility offer?

Garia Utility offers Club Car Urban, Carryall 500, Carryall 700, and Onward LSV.

Who are Garia Utility's investors?

Garia Utility has 1 investor. Key investors include Club Car.

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