Instacar
Financials
Estimates*
USD | 2020 | 2021 | 2023 |
---|---|---|---|
Revenues | <1m | <1m | 7.1m |
% growth | - | 100 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | €500k | Debt | |
* | €44.0m | Series A | |
* | N/A | €11.0m | Debt |
Total Funding | €44.0m |
Recent News about Instacar
EditInstacar.gr is a Greek startup that has revolutionized the vehicle leasing industry by introducing a 100% online process. This innovative company offers flexible leasing options for cars, ebikes, and escooters, making it a convenient choice for individuals and businesses alike. The company's proprietary fleet management tool, developed in-house, streamlines processes and facilitates vehicle deliveries, returns, and changes, ensuring a hassle-free experience for its users, referred to as 'instadrivers'.
Instacar.gr has also developed its own application, a first for a Greek leasing company. Through this app, instadrivers can monitor everything about their vehicle and their contract. They can report incidents such as damages and accidents and directly book repair appointments. This digital approach breaks the bureaucracy traditionally associated with leasing, offering superior quality and speed of service.
The company operates in the Greek market and has recently raised capital of €55 million. This funding is expected to fuel its expansion into new markets and further its evolution. The company's business model is based on leasing vehicles, and it generates revenue from the leasing fees paid by its users.
Instacar.gr has received positive reviews from its users, who commend the company's prompt response, organization, and courteous service. The company's flexible leasing options have been praised as a welcome addition to the Greek market.
Keywords: Online Vehicle Leasing, Flexible Leasing, Fleet Management, User-Friendly App, Greek Market, Capital Raising, Market Expansion, Customer Service, Positive Reviews, Technology-Focused.