MiaCar

Turin, Italy Founded: 2017 • Age: 9 yrs Acquired By Facile
Online platform to purchase new cars
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About MiaCar

MiaCar is a company based in Turin (Italy) founded in 2017 by Lorenzo Sistino, Matteo Gallo, and Fabio Sferruzzi was acquired by Facile in May 2021.. MiaCar offers products and services including Long-term Car Rental Service, Electric Vehicle Rentals, Hybrid Vehicle Rentals, and Used Car Rentals. MiaCar operates in a competitive market with competitors including Motor Heroes, DriveK, Truck Italia and Emmerre Auto, among others.

  • Headquarter Turin, Italy
  • Founders Lorenzo Sistino, Matteo Gallo, Fabio Sferruzzi
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Facile.It S.P.A.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Facile

    (May 31, 2021)

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Products & Services of MiaCar

MiaCar offers a comprehensive portfolio of products and services, including Long-term Car Rental Service, Electric Vehicle Rentals, Hybrid Vehicle Rentals, and Used Car Rentals. 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.

Primary

Service for comparing and booking long-term car rentals

Options for long-term rental of electric cars with included maintenance

Platform for leasing hybrid cars on a long-term basis

Service offering long-term rentals of used cars with fixed fees

Funding Insights of MiaCar

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MiaCar

MiaCar has secured backing from 1 investor. Prominent investors backing the company include Facile. 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.

All
Investor Description Founded Year Domain Location
Multi faceted comparison platform
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MiaCar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MiaCar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Miacar Comparisons

Employees
+
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Competitors of MiaCar

MiaCar 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 Motor Heroes, DriveK, Truck Italia and Emmerre Auto, 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
An online marketplace for buying and selling cars is operated.
domain founded_year HQ Location
Online platform to buy new cars
domain founded_year HQ Location
Sells and services trucks, vans, and earth-moving equipment for businesses.
domain founded_year HQ Location
Sells new and used cars, motorcycles, scooters, and provides vehicle rentals services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Miacar

Frequently Asked Questions about MiaCar

When was MiaCar founded?

MiaCar was founded in 2017.

Where is MiaCar located?

MiaCar is headquartered in Turin, Italy. It is registered at Turin, Piedmont, Italy.

Who is the current CEO of MiaCar?

Lorenzo Sistino is the current CEO of MiaCar. They have also founded this company.

What does MiaCar do?

MiaCar was founded in 2017 in Turin, Italy, as an online platform in the automotive sector. Pre-configured new vehicles are listed for users to browse and book by paying a deposit. Documentation is then handled, followed by collection from dealerships to finalize transactions. Loan applications are facilitated through the platform, with a 14-day money-back return policy provided for all purchases.

Who are the top competitors of MiaCar?

MiaCar's top competitors include Motor Heroes, DriveK and Truck Italia.

What products or services does MiaCar offer?

MiaCar offers Long-term Car Rental Service, Electric Vehicle Rentals, Hybrid Vehicle Rentals, and Used Car Rentals.

Who are MiaCar's investors?

MiaCar has 1 investor. Key investors include Facile.

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