About Silvercar
Silvercar is a company based in Austin (United States) founded in 2012 was acquired by Audi in July 2017. Silvercar has raised $59.53 million across 6 funding rounds from investors including Audi, Austin Ventures and Eduardo Saverin. Silvercar offers products and services including Audi on demand App and Vehicle Rental Service. Silvercar operates in a competitive market with competitors including TIER, Kyte, Zipcar, VeoRide and Avis, among others.
- Headquarter Austin, United States
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Transportation, Automotive & LogisticsTravel & Hospitality
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Products & Services of Silvercar
Silvercar offers a comprehensive portfolio of products and services, including Audi on demand App and Vehicle Rental Service.
App for booking and renting Audi vehicles with flexible terms and premium features.
Service offering Audi sedans and SUVs for short or long-term use via dealerships.
People of Silvercar
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Funding Insights of Silvercar
Silvercar has successfully raised a total of $59.53M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $28 million completed in January 2016. 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.
Investors in Silvercar
Silvercar has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Audi, Austin Ventures and Eduardo Saverin.
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Investments in US tech companies are made by Velos Partners.
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Investor details for Silvercar
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Investments & Acquisitions by Silvercar
Investment portfolio details for Silvercar
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Financial Statements - Silvercar
Detailed financials for Silvercar
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Silvercar Comparisons
Peer comparison for Silvercar
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Competitors of Silvercar
Silvercar 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 TIER, Kyte, Zipcar, VeoRide and Avis, among others.
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Electric kick-scooters are rented through a mobile app platform.
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App-based car rental platform
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Hourly vehicle rentals are provided through membership-based car sharing.
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Multi-category electric vehicles are rented via an app-based platform.
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Online platform offering car rental services
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Community-based electric car-sharing services are facilitated via an online platform.
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Detailed competitors of Silvercar
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Latest news on Silvercar
Complete news archive for Silvercar
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Frequently Asked Questions about Silvercar
Silvercar was founded in 2012.
Silvercar is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Silvercar is a funded company, having raised a total of $59.53M across 6 funding rounds to date.
Silvercar was founded in 2012 in Austin, United States, as an app-based platform in the car rental sector. Rentals are handled through a smartphone application, where vehicles are booked by location, payments are processed online, and cars are unlocked remotely. The service operates across iOS and Android devices, focusing on streamlined urban mobility solutions in the U.S. market.
Silvercar offers Audi on demand App and Vehicle Rental Service.
Silvercar has 8 investors. Key investors include Audi, Austin Ventures, Eduardo Saverin, Velos Partners, and SV Angel.