About GO
GO is a company based in Philadelphia (United States) founded in 2020 by Michael Beauchamp. It operates as a Subscription Services. GO has raised $49.3 million across 3 funding rounds from investors including Starting Line, Digital Horizon and Synterra Capital Management. GO offers products and services including Car Subscription. GO operates in a competitive market with competitors including Autonomy, Envoy, Silvercar, Canoo and LMP Motors, among others.
- Headquarter Philadelphia, United States
- Founders Michael Beauchamp
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Go Subscription, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.3 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Series C
Mar 20, 2023
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Investors
Starting Line
& 2 more
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Employee Count
Employee Count
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Products & Services of GO
GO offers a comprehensive portfolio of products and services, including Car Subscription. 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.
Car subscription service offered with no down payment.
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Funding Insights of GO
GO has successfully raised a total of $49.3M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $6 million completed in March 2023. 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 3
- Last Round Series C — $6.0M
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First Round
First Round
(19 Oct 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series C - GO | Valuation | Starting Line | |
| Nov, 2022 | Amount | Series C - GO | Valuation |
investors |
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| Oct, 2021 | Amount | Series C - GO | Valuation | Synterra Capital Management |
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| 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 GO
GO has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Starting Line, Digital Horizon and Synterra Capital Management. 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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Early-stage investments are directed toward consumer brands by this fund.
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Founded Year | Domain | Location | |
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Venture capital firm focused on fintech, edtech, and SaaS sectors
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 GO
| 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 - GO
| 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 |
Go Comparisons
Competitors of GO
GO 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 Autonomy, Envoy, Silvercar, Canoo and LMP Motors, 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 |
Electric car subscriptions are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Community-based electric car-sharing services are facilitated via an online platform.
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| domain | founded_year | HQ Location |
App-based car rental platform
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| domain | founded_year | HQ Location |
Multiple categories of electric vehicles are designed and developed.
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| domain | founded_year | HQ Location |
Subscription-based car access is facilitated through an app-based marketplace.
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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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Latest news on Go
Frequently Asked Questions about GO
When was GO founded?
GO was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is GO located?
GO is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of GO?
Michael Beauchamp is the current CEO of GO. They have also founded this company.
Is GO a funded company?
GO is a funded company, having raised a total of $49.3M across 3 funding rounds to date. The company's 1st funding round was a Series C of $41M, raised on Oct 19, 2021.
What does GO do?
A hassle-free alternative to traditional car ownership is offered by GO. The service operates in the automotive sector, focusing on subscription-based vehicle access. Solutions include zero down payments, no hidden fees, and vehicle refresh every three years. Online ordering, simplified configurations, and quick application processes are facilitated. Markets served include various cities in the United States such as Atlanta, Houston, and Miami. Additional benefits like roadside assistance, warranty, free maintenance, and delivery are included in the subscription model.
What products or services does GO offer?
GO offers Car Subscription.
Who are GO's investors?
GO has 3 investors. Key investors include Starting Line, Digital Horizon, and Synterra Capital Management.