About OneCarNow
OneCarNow is a company founded in 2021 by Mairon E Sandoval and Manuel Cangas.. OneCarNow has raised $86 million across 2 funding rounds from investors including i80 Group, Caravela Capital and Collide Capital. OneCarNow offers products and services including Car Rental Platform. OneCarNow operates in a competitive market with competitors including Kovi, Ten Car Rental, AutoRentaGlobal and O2AutoCompart, among others.
- Founders Mairon E Sandoval, Manuel Cangas
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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 Onecarnow
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$86 M (USD)
in 2 rounds
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Latest Funding Round
$86 M (USD), Series A
Jul 16, 2024
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Investors
i80 Group
& 3 more
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Employee Count
Employee Count
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Products & Services of OneCarNow
OneCarNow offers a comprehensive portfolio of products and services, including Car Rental Platform. 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.
Online system for selecting and subscribing to new cars with maintenance included
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Leadership Team
2 people
Finance and Accounting
2 people
Fp Team
1 people
Product Management Team
1 people
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Funding Insights of OneCarNow
OneCarNow has successfully raised a total of $86M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $86 million completed in July 2024. 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 2
- Last Round Series A — $86.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Debt – Conventional - OneCarNow | Valuation |
investors |
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| Jul, 2024 | Amount | Series A - OneCarNow | Valuation | Caravela Capital , Collide |
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| 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 |
Investors in OneCarNow
OneCarNow has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include i80 Group, Caravela Capital and Collide Capital. 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 debt and equity investments are managed by i80 Group.
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Caravela Capital is engaged in funding early-stage innovative companies.
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Venture capital investments are made in early-stage innovative companies.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 OneCarNow
| 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 - OneCarNow
| 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 |
Onecarnow Comparisons
Competitors of OneCarNow
OneCarNow 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 Kovi, Ten Car Rental, AutoRentaGlobal and O2AutoCompart, 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 |
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| domain | founded_year | HQ Location |
Car rental services are facilitated via an online booking platform.
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| domain | founded_year | HQ Location |
Ten Car Rental operates as an online platform for car rentals.
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| domain | founded_year | HQ Location |
Provides online car rental bookings and global vehicle delivery options.
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| domain | founded_year | HQ Location |
Provides a platform for shared-car self-drive rentals to individual users.
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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 Onecarnow
Frequently Asked Questions about OneCarNow
When was OneCarNow founded?
OneCarNow was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Who is the current CEO of OneCarNow?
Mairon E Sandoval is the current CEO of OneCarNow. They have also founded this company.
Is OneCarNow a funded company?
OneCarNow is a funded company, having raised a total of $86M across 2 funding rounds to date.
What does OneCarNow do?
OneCarNow was founded in 2021 as a provider of electric vehicle subscriptions targeted at rideshare drivers. Access to electric vehicles is facilitated through an online application process, with vehicles delivered directly to users. Maintenance services are included in the subscriptions, alongside support for zero-emission incentives and eligibility for premium ride services. Digital payment options are available for subscription management. Operations focus on the rideshare sector without specified geographic limitations.
Who are the top competitors of OneCarNow?
OneCarNow's top competitors include Kovi, Ten Car Rental and AutoRentaGlobal.
What products or services does OneCarNow offer?
OneCarNow offers Car Rental Platform.
Who are OneCarNow's investors?
OneCarNow has 4 investors. Key investors include i80 Group, Caravela Capital, Collide Capital, and Great North Ventures.
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