GoFar

Sydney, Australia Founded: 2014 • Age: 12 yrs
Vehicle monitoring is enabled by OBD devices and mobile apps.
Annual revenue - Latest available
Total funding $1.1M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About GoFar

GoFar is a company based in Sydney (Australia) founded in 2014. GoFar has raised $1.08 million across 2 funding rounds from investors including Kickstarter, Right Click Capital and Artesian. GoFar offers products and services including GOFAR App, GOFAR Adapter, and GOFAR Ray. GoFar operates in a competitive market with competitors including CaRPM, Carly, Carmen Automotive, AutoWiz and Bouncie, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.08 M (USD)

    in 2 rounds

  • Latest Funding Round
    $927.93 K (USD), Seed

    Feb 18, 2019

  • Investors
    Kickstarter

    & 2 more

  • Employee Count
    Not available
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Products & Services of GoFar

GoFar offers a comprehensive portfolio of products and services, including GOFAR App, GOFAR Adapter, and GOFAR Ray.

Product name locked
Category locked
Primary

App for automatic trip recording and vehicle health monitoring.

Product name locked
Category locked
Locked

Device that plugs into car for trip logging and fault detection.

Product name locked
Category locked
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Accessory that provides visual alerts for driving efficiency and safety.

People of GoFar

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Tomasz Czart
Head Of Mobile Engineering

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Teams

Funding Insights of GoFar

GoFar has successfully raised a total of $1.08M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $927.93 thousand completed in February 2019. 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 GoFar

GoFar has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Kickstarter, Right Click Capital and Artesian.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech focused VC firm investing in Australia
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Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
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Creative projects are crowdfunded via a cloud-based platform.
Locked Locked Locked
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Investor details for GoFar

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by GoFar

Investments
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Investment portfolio details for GoFar

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - GoFar

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Detailed financials for GoFar

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  • Historical revenue
  • Profit trends
  • Statement rows
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Gofar Comparisons

GoFar Primary company
Description
Vehicle monitoring is enabled by OBD devices and mobile apps...
Location
Sydney, Australia
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for GoFar

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of GoFar

GoFar 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 CaRPM, Carly, Carmen Automotive, AutoWiz and Bouncie, among others.

Company Name Domain Founded year HQ Location Description
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Car performance is monitored using OBD-II technology for real-time data.
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OBDII adapters and apps for vehicle diagnostics are offered.
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Provider of a smart device to monitor car performance
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Connected vehicle data analytics platform and applications are provided.
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Vehicle tracking device offering location, safety, and health monitoring features.
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Detailed competitors of GoFar

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  • Domains and locations
  • Full company profiles
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Latest news on Gofar

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Complete news archive for GoFar

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about GoFar

GoFar was founded in 2014 and raised its 1st funding round 1 year after it was founded.

GoFar is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

GoFar is a funded company, having raised a total of $1.08M across 2 funding rounds to date.

GoFar was founded in 2014 in Sydney, Australia, focusing on the automotive technology sector. An OBD-based device is utilized to measure vehicle vital statistics, including fuel purchased, fuel consumed, and engine energy generation costs. Data is transmitted via Bluetooth Low Energy to nearby smartphones. A companion app is provided for recording and visualizing these statistics. A patented eco-display system is also offered for attachment to vehicles.

GoFar's top competitors include CaRPM, Carmen Automotive and Carly.

GoFar offers GOFAR App, GOFAR Adapter, and GOFAR Ray.

GoFar has 3 investors. Key investors include Kickstarter, Right Click Capital, and Artesian.

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