About Jooycar
Jooycar is a company based in Santiago (Chile) founded in 2014.. Jooycar has raised $3.9 million across 3 funding rounds from investors including HCS Capital and Magma Partners. Jooycar offers products and services including WINGS, Seguros basados en uso (UBI), and Autoconectado. Jooycar operates in a competitive market with competitors including Webfleet, Omoove, Axon Telematics, Seguro conectado and CXZ Telematics, among others.
- Headquarter Santiago, Chile
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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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
$3.9 M (USD)
in 3 rounds
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Latest Funding Round
$700 K (USD), Seed
Jun 08, 2020
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Investors
HCS Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Jooycar
Jooycar offers a comprehensive portfolio of products and services, including WINGS, Seguros basados en uso (UBI), and Autoconectado. 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.
Gamification program to optimize insurance based on driving profiles
Provides pay-how-you-drive and pay-as-you-drive insurance options
App for 24/7 vehicle tracking and maintenance diagnostics
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Funding Insights of Jooycar
Jooycar has successfully raised a total of $3.9M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $700 thousand completed in June 2020. 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 3
- Last Round Seed — $700,000
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First Round
First Round
(01 Jun 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Jooycar | Valuation | HCS Capital Partners |
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| Oct, 2018 | Amount | Seed - Jooycar | Valuation | HCS Capital Partners | |
| Jun, 2017 | Amount | Seed - Jooycar | Valuation | Magma Partners |
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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 Jooycar
Jooycar has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include HCS Capital and Magma Partners. 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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HCS Capital is engaged in venture capital investments in technology companies.
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Founded Year | Domain | Location | |
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Venture capital investments are made in Latin American startups.
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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 Jooycar
| 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 - Jooycar
| 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 |
Jooycar Comparisons
Competitors of Jooycar
Jooycar 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 Webfleet, Omoove, Axon Telematics, Seguro conectado and CXZ Telematics, 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 |
Provides cloud-based fleet management software solutions.
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| domain | founded_year | HQ Location |
Telematics services for insurance, fleet management, and automotive industries.
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| domain | founded_year | HQ Location |
Transforms complex data into analytics for insurers and automotive businesses worldwide.
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| domain | founded_year | HQ Location |
Provides usage-based insurance solutions for personalized coverage.
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| domain | founded_year | HQ Location |
Delivers a cloud-based platform for efficient vehicle maintenance and monitoring.
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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 Jooycar
Frequently Asked Questions about Jooycar
When was Jooycar founded?
Jooycar was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Jooycar located?
Jooycar is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
Is Jooycar a funded company?
Jooycar is a funded company, having raised a total of $3.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jun 01, 2017.
What does Jooycar do?
Founded in 2014 in Santiago, Chile, operations focus on the connected car sector. An OBD-based plug-and-play device is provided alongside a smartphone application. Real-time vehicle status, driving behavior, trip history, emergency alerts, damage notifications, and geofence warnings are monitored. Usage-based insurance policies are supported through data analysis, with pricing generated accordingly. Claim processing is streamlined for automobile companies via integrated services.
Who are the top competitors of Jooycar?
Jooycar's top competitors include Webfleet, Omoove and Axon Telematics.
What products or services does Jooycar offer?
Jooycar offers WINGS, Seguros basados en uso (UBI), and Autoconectado.
Who are Jooycar's investors?
Jooycar has 2 investors. Key investors include HCS Capital, and Magma Partners.