About GoTo Global
GoTo Global is a company based in Tel Aviv (Israel) founded in 2008. It operates as a Mobility-as-a-Service, Pay-per-Use / Usage-Based, and Subscription Services. GoTo Global has raised $22.5 million across 2 funding rounds from investors including Shagrir and The Telcar Group. GoTo Global has completed 2 acquisitions, including Emmy Sharing and felyx. GoTo Global offers products and services including Car Sharing, Car Rental, LeasingMix, and Fleet Technology. GoTo Global operates in a competitive market with competitors including TIER, nextbike, Autotel, Carre Mobility and Lease4u, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.5 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Series B
Feb 14, 2021
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Investors
Shagrir
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Emmy Sharing
& 1 more
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Products & Services of GoTo Global
GoTo Global offers a comprehensive portfolio of products and services, including Car Sharing, Car Rental, LeasingMix, and Fleet Technology. 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 sharing service is provided for flexible usage.
Car rental service is offered for short-term needs.
Flexible leasing service is provided for monthly subscriptions.
Advanced fleet management technology is offered to businesses.
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Funding Insights of GoTo Global
GoTo Global has successfully raised a total of $22.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $3.5 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $3.5M
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First Round
First Round
(31 Jul 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series B - GoTo Global | Valuation | The Telcar Group |
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| Jul, 2020 | Amount | Series B - GoTo Global | Valuation | Shagrir |
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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 GoTo Global
GoTo Global has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Shagrir and The Telcar Group. 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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Provides contract furnishings, procurement, and installation services for corporate clients.
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Car services and detailing are offered via an online platform.
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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 GoTo Global
GoTo Global has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Emmy Sharing and felyx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Electric scooters are rented via app for self-drive urban mobility.
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2016 | ||||
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Electric scooters are shared via app in Berlin.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - GoTo Global
| 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 |
Goto Global Comparisons
Competitors of GoTo Global
GoTo Global 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 TIER, nextbike, Autotel, Carre Mobility and Lease4u, 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 kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
End-to-end solutions for bicycle sharing
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| domain | founded_year | HQ Location |
Operates an app-based platform for self-drive car rentals.
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| domain | founded_year | HQ Location |
Multi-category self-driven vehicle rentals and car-pooling are provided online.
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| domain | founded_year | HQ Location |
Provides car rental, leasing, and reselling services for customers.
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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 Goto Global
Frequently Asked Questions about GoTo Global
When was GoTo Global founded?
GoTo Global was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Where is GoTo Global located?
GoTo Global is headquartered in Tel Aviv, Israel.
Is GoTo Global a funded company?
GoTo Global is a funded company, having raised a total of $22.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $19M, raised on Jul 31, 2020.
What does GoTo Global do?
GoTo Global is involved in offering innovative transportation solutions, focusing on shared mobility for private and business clients. Services such as car sharing, car rental, and flexible leasing are provided across major cities in Israel. Additionally, advanced fleet management technology is developed to optimize transportation for businesses. Environmental sustainability is prioritized through electric scooter sharing in Germany and car sharing initiatives that reduce urban congestion. A wide range of vehicles, from compact to luxury, is made available to meet diverse customer needs.
Who are the top competitors of GoTo Global?
GoTo Global's top competitors include TIER, nextbike and Carre Mobility.
What products or services does GoTo Global offer?
GoTo Global offers Car Sharing, Car Rental, LeasingMix, and Fleet Technology.
How many acquisitions has GoTo Global made?
GoTo Global has made 2 acquisitions, including Emmy Sharing, and felyx.
Who are GoTo Global's investors?
GoTo Global has 2 investors. Key investors include Shagrir, and The Telcar Group.
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