About SnappCar
SnappCar is a company based in Utrecht (Netherlands) founded in 2011 was acquired by AutoBinck in April 2024. SnappCar has raised $22.1 million across 5 funding rounds from investors including Europcar, European Union and Q8. SnappCar has completed 2 acquisitions, including FlexiDrive.se and MinBil. SnappCar offers products and services including SnappCar App and Car Rental Service. SnappCar operates in a competitive market with competitors including Getaround, ParkFlyRent and CommShare, among others.
- Headquarter Utrecht, Netherlands
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$22.1 M (USD)
in 5 rounds
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Latest Funding Round
$8.75 M (USD), Series A
Sep 27, 2019
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Investors
Europcar
& 5 more
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Employee Count
Not available
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Investments & Acquisitions
FlexiDrive.se
& 1 more
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Acquired by
AutoBinck
(Apr 23, 2024)
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Products & Services of SnappCar
SnappCar offers a comprehensive portfolio of products and services, including SnappCar App and Car Rental Service.
App for renting cars from nearby owners with insurance and support.
Service for booking vehicles for daily, weekend, or moving needs.
People of SnappCar
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Funding Insights of SnappCar
SnappCar has successfully raised a total of $22.1M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $8.75 million completed in September 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.
Investors in SnappCar
SnappCar has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Europcar, European Union and Q8.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Locked | Locked | Locked | |
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Petroleum products are supplied by Tango in the Netherlands.
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Locked | Locked | Locked | |
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Petroleum products are refined and marketed internationally by Q8.
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Locked | Locked | Locked |
Investor details for SnappCar
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Investments & Acquisitions by SnappCar
SnappCar has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FlexiDrive.se and MinBil.
Investment portfolio details for SnappCar
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform offering car advice, tips, and information for vehicle owners.
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Locked | Locked | 2013 | Locked | |
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P2P car sharing platform is operated online for European users.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for SnappCar
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Financial Statements - SnappCar
Detailed financials for SnappCar
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Snappcar Comparisons
Peer comparison for SnappCar
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Competitors of SnappCar
SnappCar 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 Getaround, ParkFlyRent and CommShare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
App-based peer-to-peer carsharing platform
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| Locked | Locked | Locked |
Peer-to-peer car sharing for airport parking and rentals is enabled.
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| Locked | Locked | Locked |
Sustainable electric car sharing platform for business mobility and transport needs.
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Detailed competitors of SnappCar
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Snappcar
Complete news archive for SnappCar
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Frequently Asked Questions about SnappCar
SnappCar was founded in 2011 and raised its 1st funding round 4 years after it was founded.
SnappCar is headquartered in Utrecht, Netherlands.
SnappCar is a funded company, having raised a total of $22.1M across 5 funding rounds to date.
Founded in 2011 and based in Utrecht, Netherlands, SnappCar operates as a peer-to-peer platform in the car-sharing sector. Car owners are connected with potential renters through listings, while users can search, compare, and book vehicles. The service facilitates direct rentals between individuals, focusing on accessible transportation options within the Netherlands. Operations emphasize digital matching and transaction handling for both parties involved.
SnappCar's top competitors include Getaround, ParkFlyRent and CommShare.
SnappCar offers SnappCar App and Car Rental Service.
SnappCar has made 2 acquisitions, including FlexiDrive.se, and MinBil.
SnappCar has 6 investors. Key investors include Europcar, European Union, Q8, Tango NL, and AutoBinck.