About Skurt
Skurt is a company based in Los Angeles (United States) founded in 2014 was acquired by Fair in February 2018.. Skurt has raised $11.3 million across 2 funding rounds from investors including Fair, Upfront Ventures and MaC Venture Capital. Skurt operates in a competitive market with competitors including TIER, Kyte, Zipcar, Avis and VeoRide, among others.
- Headquarter Los Angeles, United States
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of Skurt
Skurt has successfully raised a total of $11.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in February 2017. 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 — $10.0M
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First Round
First Round
(06 Oct 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Series A - Skurt | Valuation | Upfront Ventures | |
| Oct, 2015 | Amount | Seed - Skurt | Valuation |
investors |
| 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 Skurt
Skurt has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Fair, Upfront Ventures and MaC Venture 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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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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A seed-stage venture capital firm
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early and growth stage companies in the US
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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 Skurt
| 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 - Skurt
| 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 |
Skurt Comparisons
Competitors of Skurt
Skurt 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, Avis and VeoRide, 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.
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| domain | founded_year | HQ Location |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
App-based car rental platform
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| domain | founded_year | HQ Location |
Hourly vehicle rentals are provided through membership-based car sharing.
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| domain | founded_year | HQ Location |
Online platform offering car rental services
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| domain | founded_year | HQ Location |
Multi-category electric vehicles are rented via an app-based platform.
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| domain | founded_year | HQ Location |
Community-based electric car-sharing services are facilitated via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Skurt
Frequently Asked Questions about Skurt
When was Skurt founded?
Skurt was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Skurt located?
Skurt is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Skurt a funded company?
Skurt is a funded company, having raised a total of $11.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Oct 06, 2015.
What does Skurt do?
Skurt was founded in 2014 in Los Angeles, United States, within the car rental sector. Operations are conducted through a mobile app where vehicles are booked instantly for daily or weekly rentals. Deliveries and pickups are handled by agents, and partnerships are maintained with independent rental companies to utilize excess vehicle inventory. Services focus on urban mobility in the local area.
Who are Skurt's investors?
Skurt has 10 investors. Key investors include Fair, Upfront Ventures, MaC Venture Capital, Expansion Venture Capital, and Greycroft.
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