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SimpleCar logo — Lowering the floor to vehicle ownership by offering a flexib...

SimpleCar

Lowering the floor to vehicle ownership by offering a flexible & debt free alternative.

Founded 2021 United States Los Angeles, United States 5 employees Seed Total: $3.90M Automotive

General Information

Company Name SimpleCar
Founded Year 2021
Location United States Los Angeles, United States +1
Employees 5
Industries Automotive
Funding Stage Seed
Social

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About SimpleCar

SimpleCar is a US-based startup that aims to provide a flexible & debt free alternative for vehicle ownership. Founded in 2020, the company's slogan of "Lowering the floor to vehicle ownership" encapsulates its approach. SimpleCar simplifies the process for individuals, whether they are purchasing their first car or exploring another option. The company prioritizes transparency, fair pricing, and flexible terms to serve the best interest of its customers. Notably, they offer the option to cancel anytime, providing added flexibility. With its most recent $2.70M Seed Round investment on 20 September 2023, SimpleCar attracted funding from BAM Ventures, Slauson & Co., and Triple Impact Capital. The investment indicates a strong vote of confidence from these notable investors in the value and potential of SimpleCar's model.

Taxonomy: vehicle ownership, flexible mobility, fair pricing, transparent, debt-free alternative, flexible terms, cancel anytime, car subscription, accessible mobility, customer-centric approach

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 3
Investor Investor Investor
20 Sep 2023
Convertible Note •••••• 2
Investor Investor
09 May 2022

SimpleCar Alternatives & Competitors

SimpleCar vs
instacar
instacar Greece

The 1st fully digitized car as a service company in Greece!

Series A
89 employees
E-Commerce, Real Estate
SimpleCar vs
Godrive.nu - Your all-in-one car subscription
Godrive.nu - Your all-in-one car subscription The Netherlands

The new, all-in-one, flexible alternative to owning or leasing a car. Just a simple monthly fee.

Corporate Round
9 employees
Financial Services, Mobility
SimpleCar vs
Fair.com
Fair.com United States

Fair stands for the freedom of personal mobility to all who want it.

Debt Financing
66 employees
Finance, Financial Services

FAQ About SimpleCar

Lowering the floor to vehicle ownership by offering a flexible & debt free alternative.
SimpleCar was founded in 2021.
SimpleCar is headquartered in Los Angeles, United States.
SimpleCar operates in the following industries: Automotive.
SimpleCar has approximately 5 employees.
SimpleCar has completed 2 funding rounds, raising a total of $3.90M. The latest funding stage is Seed.
Top alternatives and competitors to SimpleCar include instacar, Godrive.nu - Your all-in-one car subscription, Fair.com, Juicar, FlexClub. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SimpleCar and instacar 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.

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