About HiyaCar
HiyaCar is a company based in Milton Keynes (United Kingdom) founded in 2014.. HiyaCar has raised $8.89 million across 5 funding rounds from investors including ITOCHU. The company has 21 employees as of December 31, 2020. HiyaCar offers products and services including Hire a car, List your car, and Driver Subscriptions. HiyaCar operates in a competitive market with competitors including Turo, Getaround, Car & Away, Zoom EV and Karshare, among others.
- Headquarter Milton Keynes, United Kingdom
- Employees 21 as on 31 Dec, 2020
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Hiyacar Limited
- Date of Incorporation 13 Sep, 2013
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.89 M (USD)
in 5 rounds
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Latest Funding Round
$6.41 M (USD), Series A
Oct 29, 2018
- Investors
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Employee Count
21
as on Dec 31, 2020
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Products & Services of HiyaCar
HiyaCar offers a comprehensive portfolio of products and services, including Hire a car, List your car, and Driver Subscriptions. 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.
Service for booking cars from private owners in the UK.
Platform to register personal vehicles for peer rental.
Program offering ongoing access to car rental options.
Funding Insights of HiyaCar
HiyaCar has successfully raised a total of $8.89M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6.41 million completed in October 2018. 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 5
- Last Round Series A — $6.4M
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First Round
First Round
(03 Aug 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2018 | Amount | Series A - HiyaCar | Valuation | ITOCHU |
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| Oct, 2018 | Amount | Seed - HiyaCar | Valuation |
investors |
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| Mar, 2018 | Amount | Seed - HiyaCar | Valuation |
investors |
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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 HiyaCar
HiyaCar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ITOCHU. 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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Diversified trading and procurement solutions are offered across multiple sectors.
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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 HiyaCar
| 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 |
Financial Statements - HiyaCar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hiyacar Comparisons
Competitors of HiyaCar
HiyaCar 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, Car & Away, Zoom EV and Karshare, 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 |
Peer-to-peer car rentals are facilitated via a mobile app.
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| domain | founded_year | HQ Location |
App-based peer-to-peer carsharing platform
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| domain | founded_year | HQ Location |
P2P carsharing and parking service
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| domain | founded_year | HQ Location |
Online platform that provides car rentals for travelers
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| domain | founded_year | HQ Location |
Operates an app-based peer-to-peer car rental aggregator for convenient sharing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Hiyacar
Frequently Asked Questions about HiyaCar
When was HiyaCar founded?
HiyaCar was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is HiyaCar located?
HiyaCar is headquartered in Milton Keynes, United Kingdom.
Is HiyaCar a funded company?
HiyaCar is a funded company, having raised a total of $8.89M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Aug 03, 2015.
How many employees does HiyaCar have?
As of Dec 31, 2020, the latest employee count at HiyaCar is 21.
What does HiyaCar do?
Founded in 2014 and based in Milton Keynes, United Kingdom, HiyaCar operates as a peer-to-peer car rental platform in the mobility sector. Cars are listed by owners through the app by submitting personal and vehicle details, while borrowers select rentals based on location and their own information. The service is accessible on Android and iOS devices, facilitating rentals primarily for travelers within the UK market.
Who are the top competitors of HiyaCar?
HiyaCar's top competitors include Getaround, Turo and Car & Away.
What products or services does HiyaCar offer?
HiyaCar offers Hire a car, List your car, and Driver Subscriptions.
Who are HiyaCar's investors?
HiyaCar has 1 investor. Key investors include ITOCHU.