In May 2016, Locomute secured a $5.00M Venture Round investment, positioning itself for further growth and development in the mobility, real estate, and transportation industries. The details of the investors involved in this funding round were not available. Locomute's innovative approach and customer-centric model position it as a notable player in the evolving transportation sector, particularly in South Africa.
Locomute
Experience flexible, tech-savvy transportation with 24/7 access to vehicles across South Africa
Founded 2015
Venture round
Total: $5.00M
Mobility, Real Estate +1
General Information
Company Name
Locomute
Founded Year
2015
Industries
Mobility, Real Estate, Transportation
Funding Stage
Venture round
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About Locomute
Business keywords: car rental, transportation services, tech-savvy, flexible, 24/7 access, smartcard, South Africa, Locoparks, modern transportation, vehicle access, online reservation, innovative transportation, flexible car rentals, digital access
Funding Rounds & Investors (2)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Venture Round | $5.00M | - |
|
09 May 2016 |
| Seed Round | Undisclosed | - |
|
30 Oct 2015 |
Locomute Alternatives & Competitors
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FAQ About Locomute
Experience flexible, tech-savvy transportation with 24/7 access to vehicles across South Africa
Locomute was founded in 2015.
Locomute operates in Mobility, Real Estate and Transportation. Its work centres on car rental, transportation services, tech-savvy and flexible.
Locomute has completed 2 funding rounds, raising a total of $5.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Locomute include Buchbinder Rent a Car, Jhajjz A Luxury Car and Coach Rental Co., Turo, Udrive, TRVLEZ. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Locomute and Buchbinder Rent a Car are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for Locomute, https://bouncewatch.com/company/locomute, updated 26 December 2024. When citing, please name BounceWatch and link this page.
