FlightCar Obtains $5,500,000 Series A Funding Round

  • Feed Type
  • Date
    4/15/2013
  • Company Name
    FlightCar
  • Mailing Address
    2762 Edison St San Mateo, CA 94403
  • Company Description
    FlightCar lets people parking at the airport rent their vehicles out to other travelers. Every rental is insured up to $1 million, and every renter is pre-screened. Depending on the size and model year of the vehicle, you’ll also make up to $10/day in gas credits! To get free airport parking, click on “List Your Car”. Or, to rent a vehicle, use the menu above.
  • Website
    http://www.flightcar.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    According to FlightCar co-founder Shri Ganeshram, the new funding will be used to hire some new engineering and design talent, and to speed up launching its service in new markets.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    SoftBank Capital
  • Venture Investor
    First Round Capital
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Investor
  • Venture Investor
    Investor

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