About Urent
Urent is a company based in Dubai (United Arab Emirates) founded in 2019. It operates as a Two-Sided Marketplace. Urent offers products and services including Car Rental, Yacht Rental, Motorcycle Rental, and Chauffeur Services. Urent operates in a competitive market with competitors including FriendyCar, Dryve, Sweech, Shazza and Yango Drive, among others.
- Headquarter Dubai, United Arab Emirates
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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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- Legal Name Utech Vehicles Rental By Electronic Media & Smart Apps Llc
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Annual Revenue
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Products & Services of Urent
Urent offers a comprehensive portfolio of products and services, including Car Rental, Yacht Rental, Motorcycle Rental, and Chauffeur Services. 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.
Cars are rented through an online marketplace platform.
Yachts are provided for rental via online booking.
Motorcycles are offered for rent through the platform.
Chauffeur services are arranged for client transportation needs.
Funding Insights of Urent
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Seed - Urent | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - Urent | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Urent
Urent has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sheikh Saeed bin Ahmed Al Maktoum. 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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Sheikh Saeed bin Ahmed Al Maktoum |
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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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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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Investments & Acquisitions by Urent
| 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 - Urent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Urent Comparisons
Competitors of Urent
Urent 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 FriendyCar, Dryve, Sweech, Shazza and Yango Drive, 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 enabled via an app-based marketplace.
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| domain | founded_year | HQ Location |
P2P car rentals are enabled via an online marketplace app.
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| domain | founded_year | HQ Location |
P2P car rental services are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Operates an app-based P2P rental platform for self-drive cars.
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| domain | founded_year | HQ Location |
Operates an online marketplace for car rentals.
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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 Urent
Frequently Asked Questions about Urent
When was Urent founded?
Urent was founded in 2019.
Where is Urent located?
Urent is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does Urent do?
A platform for renting various vehicles is provided by Urent. Operations are focused on connecting vehicle hosts with renters across multiple categories such as cars, yachts, motorcycles, and scooters. Services are extended to include chauffeur and desert or water activities. The company is based in the UAE, with a presence in multiple cities like Dubai, Abu Dhabi, and Sharjah. An extensive selection of vehicles is made available for booking through an online app, ensuring ease of access and coordination for pickups.
Who are the top competitors of Urent?
Urent's top competitors include FriendyCar, Dryve and Sweech.
What products or services does Urent offer?
Urent offers Car Rental, Yacht Rental, Motorcycle Rental, and Chauffeur Services.
Who are Urent's investors?
Urent has 1 investor. Key investors include Sheikh Saeed bin Ahmed Al Maktoum.