About Streetcar
Streetcar is a company based in London (United Kingdom) founded in 2004 was acquired by Zipcar in April 2010.. Streetcar has raised $12.6 million across 1 funding round from investors including Zipcar and Smedvig Capital. The company has 93 employees as of December 31, 2021. Streetcar operates in a competitive market with competitors including TIER, GoVirtuo, Nexus Vehicle Rental, Co Wheels Car Club and Nationwide Hire, among others.
- Headquarter London, United Kingdom
- Employees 93 as on 31 Dec, 2021
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zipcar (Uk) Limited
- Date of Incorporation 03 Sep, 2002
- Jurisdiction BRACKNELL, ENGLAND
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Annual Revenue
$55.06 M (USD)14as on Dec 31, 2020
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Net Profit
$-37.22 K (USD)99as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$12.6 M (USD)
in 1 rounds
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Latest Funding Round
$12.6 M (USD), Series A
Apr 25, 2007
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Investors
Zipcar
& 1 more
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Employee Count
93
as on Dec 31, 2021
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Acquired by
Zipcar
(Apr 21, 2010)
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Funding Insights of Streetcar
Streetcar has successfully raised a total of $12.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.6 million completed in April 2007. 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 1
- Last Round Series A — $12.6M
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First Round
First Round
(25 Apr 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2007 | Amount | Series A - Streetcar | 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 Streetcar
Streetcar has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Zipcar and Smedvig 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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Investment in private equity and venture capital since 1996.
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Founded Year | Domain | Location | |
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Hourly vehicle rentals are provided through membership-based car sharing.
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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 Streetcar
| 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 - Streetcar
| 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 |
Streetcar Comparisons
Competitors of Streetcar
Streetcar 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, GoVirtuo, Nexus Vehicle Rental, Co Wheels Car Club and Nationwide Hire, 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 |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
App-based self-drive car rental company
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| domain | founded_year | HQ Location |
Vehicle rentals and aftersales services are offered in the UK.
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| domain | founded_year | HQ Location |
Community based online car rental marketplace
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| domain | founded_year | HQ Location |
Self-drive car rental comapny
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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 Streetcar
Frequently Asked Questions about Streetcar
When was Streetcar founded?
Streetcar was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Where is Streetcar located?
Streetcar is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Streetcar a funded company?
Streetcar is a funded company, having raised a total of $12.6M across 1 funding round to date. The company's 1st funding round was a Series A of $12.6M, raised on Apr 25, 2007.
How many employees does Streetcar have?
As of Dec 31, 2021, the latest employee count at Streetcar is 93.
What is the annual revenue of Streetcar?
Annual revenue of Streetcar is $55.06M as on Dec 31, 2020.
What does Streetcar do?
The company was founded in 2004 in London, United Kingdom, and operated in the car rental sector. A fleet of vehicles was owned and made available to members for booking through online platforms, phone, or app. Pick-up and drop-off were facilitated at designated stations using smart cards. Services targeted consumers in urban areas, with the company merging into Zipcar in April 2010.
Who are the top competitors of Streetcar?
Streetcar's top competitors include TIER, GoVirtuo and Nexus Vehicle Rental.
Who are Streetcar's investors?
Streetcar has 2 investors. Key investors include Zipcar, and Smedvig Capital.