About GoMore
GoMore is a company based in Copenhagen (Denmark) founded in 2005 by Soren Riis. GoMore has raised $16.98 million across 7 funding rounds from investors including European Union, Polar Light Capital and SEED Capital. The company has 71 employees as of November 30, 2024. GoMore has completed 1 acquisition, including Amovens. GoMore operates in a competitive market with competitors including NaboGO, MinBil and Rentecarlo, among others.
- Headquarter Copenhagen, Denmark
- Employees 71 as on 30 Nov, 2024
- Founders Soren Riis
- Stage Minicorn
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Gomore Aps
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Annual Revenue
Not available
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Net Profit
-$2.86 M (USD)14as on Dec 31, 2021
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EBITDA
-$3.06 M (USD)14as on Dec 31, 2021
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Total Equity Funding
$16.98 M (USD)
in 7 rounds
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Latest Funding Round
$8.78 M (USD), Series A
Apr 08, 2021
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Investors
European Union
& 4 more
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Employee Count
71
as on Nov 30, 2024
- Investments & Acquisitions
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People of GoMore
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Funding Insights of GoMore
GoMore has successfully raised a total of $16.98M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $8.78 million completed in April 2021. 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 GoMore
GoMore has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include European Union, Polar Light Capital and SEED Capital.
| Investor | Description | Founded Year | Domain | Location |
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Polar Light Capital is engaged in international investment activities.
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Venture capital firm backing Nordic tech startups from seed to Series A with investments in Consumer, Deep Tech, and related sectors.
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Locked | Locked | Locked | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for GoMore
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Investments & Acquisitions by GoMore
GoMore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Amovens.
Investment portfolio details for GoMore
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Peer-to-peer car rentals, ride-sharing, and vehicle leasing are facilitated.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for GoMore
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - GoMore
Detailed financials for GoMore
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Gomore Comparisons
Peer comparison for GoMore
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Competitors of GoMore
GoMore 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 NaboGO, MinBil and Rentecarlo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
App-based service for carpooling to work, school, and leisure activities.
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| Locked | Locked | Locked |
Online platform offering car advice, tips, and information for vehicle owners.
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| Locked | Locked | Locked |
An online aggregator for peer-to-peer car rentals.
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Detailed competitors of GoMore
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Latest news on Gomore
Complete news archive for GoMore
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Frequently Asked Questions about GoMore
GoMore was founded in 2005 and raised its 1st funding round 8 years after it was founded.
GoMore is headquartered in Copenhagen, Denmark.
GoMore is a funded company, having raised a total of $16.98M across 7 funding rounds to date.
As of Nov 30, 2024, the latest employee count at GoMore is 71.
GoMore was founded in 2005 in Copenhagen, Denmark, within the ridesharing and peer-to-peer car rental sector. Car owners are linked with passengers and renters through an app-based platform where searches, comparisons, and bookings occur after request confirmations. The service operates via a mobile app available for Android and iOS devices, with the domain gomore.dk. Co-founder Soren Riis is noted among key personnel.
GoMore's top competitors include NaboGO, MinBil and Rentecarlo.
GoMore has made 1 acquisition, including Amovens.
GoMore has 5 investors. Key investors include European Union, Polar Light Capital, SEED Capital, Jesper Buch, and Kasper Knokgaard.
The valuation of GoMore is $99.34M as of Apr 2021.