SolvCar

Perth, Australia Founded: 2019 • Age: 7 yrs
App-based contactless car hire for hourly or daily rentals from various locations.

About SolvCar

SolvCar is a company based in Perth (Australia) founded in 2019. It operates as a D2C, and B2C. SolvCar offers products and services including SolvCar App and GPS and Extras Service. SolvCar operates in a competitive market with competitors including GoGet, Carre Mobility, Flexicar, Student Car Share and Ohmie Go, among others.

  • Headquarter Perth, Australia
  • Sectors
    Transportation, Automotive & Logistics
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Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of SolvCar

SolvCar offers a comprehensive portfolio of products and services, including SolvCar App and GPS and Extras Service. 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

App for booking and managing contactless vehicle rentals

In-app options for free extras like GPS during car hires

Funding Insights of SolvCar

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

Investments & Acquisitions by SolvCar

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 - SolvCar

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

Solvcar Comparisons

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Competitors of SolvCar

SolvCar 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 GoGet, Carre Mobility, Flexicar, Student Car Share and Ohmie Go, 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
Subscription-based self-drive shared car rental
domain founded_year HQ Location
Multi-category self-driven vehicle rentals and car-pooling are provided online.
domain founded_year HQ Location
Offers a self-drive car rental platform for users.
domain founded_year HQ Location
Offers a community-based car sharing platform for users.
domain founded_year HQ Location
Platform for shared electric vehicles, e-bikes, and charging in buildings.
domain founded_year HQ Location
Car sharing platform for vehicle rental and member access 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 Solvcar

Frequently Asked Questions about SolvCar

When was SolvCar founded?

SolvCar was founded in 2019.

Where is SolvCar located?

SolvCar is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.

What does SolvCar do?

SolvCar offers a seamless, contactless car hire service through its mobile app, allowing users to book, locate, and unlock vehicles without paperwork. It supports hires by the hour or day from places like airports and hotels, with options for extras such as GPS and car seats. The service emphasizes user control and includes 247 support for assistance. Based on contact details, it operates in regions like Australia.

Who are the top competitors of SolvCar?

SolvCar's top competitors include GoGet, Carre Mobility and Flexicar.

What products or services does SolvCar offer?

SolvCar offers SolvCar App and GPS and Extras Service.

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