About TravelCar
TravelCar is a company based in Paris (France) founded in 2012 was acquired by PSA Group in July 2016.. TravelCar has raised $16.8 million across 2 funding rounds from investors including PSA Group, Maif and Network Finances. TravelCar has completed 1 acquisition, including Tripndrive. TravelCar operates in a competitive market with competitors including Turo, Getaround, Drivy, OuiCar and Wheeliz, among others.
- Headquarter Paris, France
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Sectors
Travel & HospitalityTransportation, 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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Funding Insights of TravelCar
TravelCar has successfully raised a total of $16.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.8 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 — $15.8M
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First Round
First Round
(01 Jul 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2017 | Amount | Series A - TravelCar | Valuation | Maif , PSA Group |
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| Jul, 2014 | Amount | Seed - TravelCar | Valuation | Network Finances |
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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 TravelCar
TravelCar has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include PSA Group, Maif and Network Finances. 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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Founded Year | Domain | Location | |
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Insurance products for personal, professional, and association needs are offered.
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Founded Year | Domain | Location | |
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Automotive vehicles are manufactured and mobility solutions provided worldwide.
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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 TravelCar
TravelCar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tripndrive. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Peer-to-peer car rentals are enabled to offset airport parking costs.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TravelCar
| 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 |
Travelcar Comparisons
Competitors of TravelCar
TravelCar 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 Turo, Getaround, Drivy, OuiCar and Wheeliz, 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 |
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are facilitated via a mobile app.
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| domain | founded_year | HQ Location |
App-based peer-to-peer carsharing platform
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are enabled via an online marketplace.
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are enabled online through OuiCar's platform.
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| domain | founded_year | HQ Location |
Transportation solutions for disabled individuals are offered in France.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Travelcar
Frequently Asked Questions about TravelCar
When was TravelCar founded?
TravelCar was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is TravelCar located?
TravelCar is headquartered in Paris, France.
Is TravelCar a funded company?
TravelCar is a funded company, having raised a total of $16.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jul 01, 2014.
What does TravelCar do?
Founded in 2012 in Paris, France, TravelCar operates in the travel and mobility sector. An app-based platform is provided for parking and rentals at airports, train stations, and city centers. Free parking is offered to traveling car owners, who can rent out their vehicles on a peer-to-peer basis through the iOS and Android app. Payments are made to owners, and vehicles are insured against damages or theft.
Who are the top competitors of TravelCar?
How many acquisitions has TravelCar made?
TravelCar has made 1 acquisition, including Tripndrive.