About LeaseLoco
LeaseLoco is a company based in Glasgow (United Kingdom) founded in 2018.. LeaseLoco has raised $1.55 million across 1 funding round from investors including Venrex. LeaseLoco offers products and services including Car Leasing Comparison Platform and LocoAI Search. LeaseLoco operates in a competitive market with competitors including Rotala, Asset Alliance Group, Silverstone Leasing, Leasing Options and XLCR Vehicle Management, among others.
- Headquarter Glasgow, United Kingdom
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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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- Legal Name Leaseloco Ltd
- Date of Incorporation 21 Nov, 2017
- Jurisdiction GLASGOW, SCOTLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.55 M (USD)
in 1 rounds
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Latest Funding Round
$1.55 M (USD), Seed
Nov 01, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of LeaseLoco
LeaseLoco offers a comprehensive portfolio of products and services, including Car Leasing Comparison Platform and LocoAI Search. 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.
Tool for searching and comparing car and van lease deals from providers.
AI feature that assists in finding personalized vehicle leasing options.
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Funding Insights of LeaseLoco
LeaseLoco has successfully raised a total of $1.55M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.55 million completed in November 2019. 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 1
- Last Round Seed — $1.5M
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First Round
First Round
(01 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - LeaseLoco | Valuation | Venrex |
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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 LeaseLoco
LeaseLoco has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Venrex. 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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Consumer sector investments are managed by Venrex venture capital firm.
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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 LeaseLoco
| 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 - LeaseLoco
| 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 |
Leaseloco Comparisons
Competitors of LeaseLoco
LeaseLoco 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 Rotala, Asset Alliance Group, Silverstone Leasing, Leasing Options and XLCR Vehicle Management, 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 |
Rotala is engaged in providing transport solutions across the UK.
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| domain | founded_year | HQ Location |
Commercial vehicle finance, leasing, and rental services are offered.
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| domain | founded_year | HQ Location |
Offers car and van leasing for personal and business clients with nationwide delivery.
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| domain | founded_year | HQ Location |
Provides flexible car and van leasing solutions for personal and business customers.
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| domain | founded_year | HQ Location |
Provider of finance quotes and leasing services for new & used cars & vans
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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 Leaseloco
Frequently Asked Questions about LeaseLoco
When was LeaseLoco founded?
LeaseLoco was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is LeaseLoco located?
LeaseLoco is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Is LeaseLoco a funded company?
LeaseLoco is a funded company, having raised a total of $1.55M across 1 funding round to date. The company's 1st funding round was a Seed of $1.55M, raised on Nov 01, 2019.
What does LeaseLoco do?
LeaseLoco was founded in 2018 and is headquartered in Glasgow, United Kingdom. Car leasing services are offered by the company within the automotive sector, focusing on vehicle financing and rental options. Operations are conducted primarily through the domain leaseloco.com, enabling users to access leasing arrangements for various car models. The business serves clients across the UK, emphasizing straightforward lease agreements and vehicle selection processes.
Who are the top competitors of LeaseLoco?
LeaseLoco's top competitors include Asset Alliance Group, XLCR Vehicle Management and Rotala.
What products or services does LeaseLoco offer?
LeaseLoco offers Car Leasing Comparison Platform and LocoAI Search.
Who are LeaseLoco's investors?
LeaseLoco has 1 investor. Key investors include Venrex.