Zipcar is a membership-based car-sharing company that offers self-service automobile rentals to its members, allowing them to reserve vehicles by the hour or day. Founded in 2000 in Cambridge, Massachusetts, Zipcar enables users to access vehicles through its website or mobile app, providing flexibility and convenience. The company's fleet, which includes 6,000 vehicles, is available in various locations, including 49 U.S. cities, as well as in Vancouver, Toronto, and London, making it the world's largest car-sharing service. Members benefit from the ability to rent cars parked in designated spaces within their neighborhoods, facilitating on-demand access to vehicles. In its efforts to expand, Zipcar merged with Flexcar in 2007 and acquired London-based Streetcar in 2010. Through its innovative approach, Zipcar aims to enhance urban living by providing a practical alternative to traditional car ownership and daily rentals.
Local Motion, Inc. is a fleet management company based in San Mateo, California, specializing in vehicle sharing and mobility management technologies. Founded in 2010 and formerly known as Weng Motors, Inc., the company provides a platform that allows organizations to optimize their vehicle assets through shared mobility solutions. Local Motion develops and installs connected hardware in vehicles, enabling users to access them using a badge instead of traditional keys. This technology is complemented by a web-based dashboard that allows fleet managers to monitor vehicle activity, reduce maintenance costs, and make informed decisions about fleet size and usage. As of 2015, Local Motion operates as a subsidiary of Zipcar, Inc.
CarSharing.at
Acquisition in 2012
CarSharing.at is an Automotive company.
Wheelz
Series A in 2012
Wheelz is an innovative start-up focused on transforming personal transportation and car ownership through a peer-to-peer car sharing platform. This service allows car owners to securely lease their vehicles on an hourly or daily basis, creating an economic opportunity while providing a convenient and affordable transportation solution for individuals who do not own a car. Recognizing that cars are often under-utilized, parked for most of the day and rapidly depreciating in value, Wheelz aims to address the inefficiencies of traditional car ownership. By promoting a more responsible model of vehicle usage, the company seeks to benefit both the environment and consumers' financial well-being.
Streetcar
Acquisition in 2010
Streetcar was the largest carsharing/car club company in the United Kingdom, established in 2004 and which merged with the American company Zipcar in 2010
Avancar
Funding Round in 2009
Avancar is a car sharing service based in Barcelona, Spain, that provides a diverse fleet of vehicles for passenger transport. Formerly known as Catalunya Carsharing SA, the company rebranded in 2006 to enhance its identity in the mobility sector. Avancar offers an online platform that allows users to rent a variety of cars, including hatchbacks, SUVs, sedans, and luxury vehicles, available for hourly, daily, or weekly rental at all-inclusive prices. This service enables customers to book cars conveniently through their mobile devices, facilitating hassle-free travel tailored to their individual plans.
Flexcar
Acquisition in 2007
Flexcar is a vehicle subscription service that provides an alternative to traditional car rental and car ownership. The company offers a flexible model that allows customers to access vehicles without the long-term commitment associated with purchasing or leasing. In addition to vehicle access, Flexcar includes insurance and maintenance services as part of its subscription package, ensuring a convenient and hassle-free experience for users. By focusing on flexibility and comprehensive service, Flexcar aims to meet the evolving needs of consumers seeking mobility solutions.
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