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.
- Total Equity Funding$1.08M (USD)
in 2 rounds
- Latest Funding Round$927.93K (USD), Seed
Feb 2019
- InvestorsKickstarter
& 2 more
Products & Services of GoFar
GoFar offers a comprehensive portfolio of products and services, including GOFAR App, GOFAR Adapter, and GOFAR Ray.
App for automatic trip recording and vehicle health monitoring.
Device that plugs into car for trip logging and fault detection.
Accessory that provides visual alerts for driving efficiency and safety.
Apps and channels of GoFar
its YouTube channel GOFAR has 121 subscribers and 30 videos.
Videos from GoFar
The most watched videos on GoFar's YouTube channel, GOFAR (121 subscribers). Click a video to play it here.
More on GOFAR.
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.
- Total Funding $1.08M
- Total Rounds 2
- Last Round Seed — $927,932
- First Round $154,348
(Jun 2015)
- Investors Count 3
All 2 funding rounds of GoFar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | $927,932 | Seed | – | Right Click Capital | |
| Jun 2015 | $154,348 | Seed | – | Kickstarter | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused VC firm investing in Australia | – | rightclickcapital.com | Sydney, Australia | |
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors | – | artesianinvest.com | Sydney, Australia | |
Creative projects are crowdfunded via a cloud-based platform. | 2009 | kickstarter.com | Brooklyn, United States |
Investor details for GoFar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of GoFar
2 people are tracked at GoFar (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ian D. | CEO | Leadership |
Tomasz Czart | Head Of Mobile Engineering | Leadership |
Complete people profiles for GoFar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of GoFar
3 dated milestones of GoFar across 5 years, from founding to its latest funding, stage changes and deals.
- Founded GoFar is founded.
- Funding First funding round of $154K.
- Funding Latest funding round, Seed, of $928K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carpm.in | 2015 | Gurugram, India | $100,000 | 28 | Car performance is monitored using OBD-II technology for real-time data. | |
| mycarly.com | 2014 | Munich, Germany | – | 34 | OBDII adapters and apps for vehicle diagnostics are offered. | |
| carmen.sg | 2015 | Singapore | $930,000 | – | Provider of a smart device to monitor car performance | |
| autowiz.in | 2015 | Bengaluru, India | $130,054 | – | Connected vehicle data analytics platform and applications are provided. | |
| bouncie.com | 2017 | Addison, United States | – | – | Vehicle tracking device offering location, safety, and health monitoring features. | |
| palmerperformance.com | 2003 | Sycamore, United States | – | – | Software for vehicle diagnostics and communication is provided. | |
| e-trailer.nl | 2015 | Delft, Netherlands | – | – | Electric trailers and caravans are developed for mountain travel. |
Detailed competitors of GoFar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of GoFar
The website of GoFar (gofar.co) receives about 62.9K visits a month and ranks #622,740 among all websites worldwide, #4,740 in Automotive Industry.
- Monthly visits62.9K
▲ 13.5% vs previous month
- Unique visitors25.2K
per month
- Global rank#622,740
among all websites
- Category rank#4,740
Vehicles · Automotive Industry
- Bounce rate51%
- Pages per visit1.9
- Average visit50 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with GoFar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trackmyride.com.au | 100% | 680.7K | #1,603,413 | View details | |
standardbrand.com | standardbrand.com | 86% | – | #210,585 | – |
vatire.com | vatire.com | 84% | – | #525,673 | – |
| trucksbuses.com | 50% | 258.9K | #162,768 | View details | |
afyf.com.au | afyf.com.au | 24% | – | #2,805,570 | – |
Similar companies to GoFar
10 companies that operate in the same segment as GoFar (Automotive Technology & Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Predictive marketing and sales platform | 1990 | San Francisco, California, United States | USD 332.76 M | – | – | |
Digital media recognition solutions are provided for content management. | 1993 | Emeryville, California, United States | USD 50.99 M | – | 248 | |
AI-driven dashcams and road safety solutions are provided for drivers. | 2015 | Tel Aviv, Israel | USD 149.5 M | – | – | |
Dash cameras and automotive accessories are supplied by Nextbase. | 1999 | United Kingdom | USD 12.56 M | – | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – | |
Automotive insurance is delivered via an online platform. | 2016 | Chicago, Illinois, United States | USD 457.2 M | – | – | |
AI-powered imaging for vehicle photography is provided by the platform. | 2018 | Gurugram, Haryana, India | USD 25.57 M | – | – |
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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. The company's 1st funding round was a Seed of $154.35K, raised on Jun 2015.
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.