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
Locked
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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
$16.8 M (USD)
in 2 rounds
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Latest Funding Round
$15.8 M (USD), Series A
Feb 23, 2017
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Investors
PSA Group
& 2 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
PSA Group
(Jul 01, 2016)
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People of TravelCar
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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.
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.
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Insurance products for personal, professional, and association needs are offered.
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Automotive vehicles are manufactured and mobility solutions provided worldwide.
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Investor details for TravelCar
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Investments & Acquisitions by TravelCar
TravelCar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tripndrive.
Investment portfolio details for TravelCar
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- Transaction dates
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| 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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Complete acquisition details for TravelCar
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - TravelCar
Detailed financials for TravelCar
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Travelcar Comparisons
Peer comparison for TravelCar
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Peer-to-peer car rentals are facilitated via a mobile app.
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App-based peer-to-peer carsharing platform
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Peer-to-peer car rentals are enabled via an online marketplace.
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Peer-to-peer car rentals are enabled online through OuiCar's platform.
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Transportation solutions for disabled individuals are offered in France.
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Detailed competitors of TravelCar
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- Full company profiles
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Latest news on Travelcar
Complete news archive for TravelCar
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about TravelCar
TravelCar was founded in 2012 and raised its 1st funding round 2 years after it was founded.
TravelCar is headquartered in Paris, France.
TravelCar is a funded company, having raised a total of $16.8M across 2 funding rounds to date.
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.
TravelCar has made 1 acquisition, including Tripndrive.