About HiGear
HiGear is a company based in San Francisco (United States) founded in 2011 was acquired by Hertz Car Sales in February 2012. HiGear has raised $1.3 million across 1 funding round from investors including Battery Ventures, 500 Global and Craig Sherman. HiGear operates in a competitive market with competitors including Turo, Getaround, EVmo, FlightCar and Wheelz.com, among others.
- Headquarter San Francisco, United States
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.3 M (USD)
in 1 rounds
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Latest Funding Round
$1.3 M (USD), Seed
Oct 07, 2011
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Investors
Battery Ventures
& 5 more
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Employee Count
Not available
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Acquired by
Hertz Car Sales
(Feb 27, 2012)
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Funding Insights of HiGear
HiGear has successfully raised a total of $1.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.3 million completed in October 2011. 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 HiGear
HiGear has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Battery Ventures, 500 Global and Craig Sherman.
| Investor | Description | Founded Year | Domain | Location |
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Investments in technology companies are conducted globally by Battery Ventures.
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Venture capital and acceleration are provided to tech startups.
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Investments are made in early-stage tech startups across multiple sectors.
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Investor details for HiGear
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Investments & Acquisitions by HiGear
Investment portfolio details for HiGear
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Financial Statements - HiGear
Detailed financials for HiGear
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Higear Comparisons
Peer comparison for HiGear
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of HiGear
HiGear 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 Turo, Getaround, EVmo, FlightCar and Wheelz.com, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Peer-to-peer car rentals are facilitated via a mobile app.
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App-based peer-to-peer carsharing platform
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App-based car rental platform
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Operates a marketplace for renting parked vehicles at airports.
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Vehicles are leased peer-to-peer on hourly or daily basis.
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Detailed competitors of HiGear
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Higear
Complete news archive for HiGear
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Frequently Asked Questions about HiGear
HiGear was founded in 2011.
HiGear is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
HiGear is a funded company, having raised a total of $1.3M across 1 funding round to date.
HiGear was founded in 2011 in San Francisco, United States, and operates as an online aggregator for peer-to-peer car rentals in the automotive sector. Luxury and sports cars are listed and rented among members in a secure community of enthusiasts. Vehicles are made available by owners when not in use, allowing income generation for participants. The platform facilitates direct transactions between users across the region.
HiGear has 6 investors. Key investors include Battery Ventures, 500 Global, Craig Sherman, Kevin Chou, and Headline.