About Swipcar
Swipcar is a company based in Barcelona (Spain) founded in 2018 by Pablo Pascual Vazquez was acquired by Renting Finders in December 2022.. Swipcar has raised $1.77 million across 1 funding round from investors including Cazoo, Renting Finders and Inveready. Swipcar offers products and services including Car Renting Service, Second-Hand Cars, and Van Renting. Swipcar operates in a competitive market with competitors including Bipi, REVEL, Astara Move and Fleeet, among others.
- Headquarter Barcelona, Spain
- Founders Pablo Pascual Vazquez
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.77 M (USD)
in 1 rounds
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Latest Funding Round
$1.77 M (USD), Seed
Sep 22, 2020
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Investors
Cazoo
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Swipcar
Swipcar offers a comprehensive portfolio of products and services, including Car Renting Service, Second-Hand Cars, and Van Renting. 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.
Platform for renting new cars with all-inclusive packages
Service for renting pre-owned cars at flexible terms
Options for renting vans for individuals and businesses
Funding Insights of Swipcar
Swipcar has successfully raised a total of $1.77M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.77 million completed in September 2020. 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 Seed — $1.8M
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First Round
First Round
(22 Sep 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Seed - Swipcar | Valuation | Inveready |
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| 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 Swipcar
Swipcar has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cazoo, Renting Finders and Inveready. 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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Inveready is recognized as a leading Spanish financial services firm.
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Founded Year | Domain | Location | |
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Online dealer of second-hand cars
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Founded Year | Domain | Location | |
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Online dealer of new & used cars
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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 Swipcar
| 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 - Swipcar
| 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 |
Swipcar Comparisons
Competitors of Swipcar
Swipcar 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 Bipi, REVEL, Astara Move and Fleeet, 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 car rentals are facilitated online with doorstep delivery.
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| domain | founded_year | HQ Location |
Car renting services are provided for individuals in Spain.
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| domain | founded_year | HQ Location |
Offers monthly car rentals with no commitments, quick delivery, and easy management.
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| domain | founded_year | HQ Location |
Offers vehicle subscriptions and catalogs for personal and professional users.
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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 Swipcar
Frequently Asked Questions about Swipcar
When was Swipcar founded?
Swipcar was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Swipcar located?
Swipcar is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is Swipcar a funded company?
Swipcar is a funded company, having raised a total of $1.77M across 1 funding round to date. The company's 1st funding round was a Seed of $1.77M, raised on Sep 22, 2020.
What does Swipcar do?
Swipcar was founded in 2018 in Barcelona, Spain, within the mobility sector. An online platform is operated to facilitate monthly car subscriptions for individuals, companies, and freelancers. Rental options are customized based on user preferences, with access to various car brands. Services are delivered digitally, focusing on flexible vehicle access without long-term commitments.
Who are the top competitors of Swipcar?
Swipcar's top competitors include Bipi, REVEL and Astara Move.
What products or services does Swipcar offer?
Swipcar offers Car Renting Service, Second-Hand Cars, and Van Renting.
Who are Swipcar's investors?
Swipcar has 3 investors. Key investors include Cazoo, Renting Finders, and Inveready.
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