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Saracens Owner Nigel Wray Leads £3M Funding In Uk’S Airbnb Of Cars, Karshare

Aug 09, 2021•almost 4 years ago

Amount Raised

£3 Million

Round Type

seed

LondonScience And Engineering

Description

According to various experts, collaborative consumption as a crucial socio-economic model in the sharing economy has been experiencing rapid growth globally.

Company Information

Company

Karshare

Location

London, Ontario, Canada

About

The company will use the funding to support expansion to new cities like Birmingham, Leeds, and Edinburgh, further grow the team to include more community managers, marketing expertise, and fleet technicians. Karshare also plans to grow its engineering team to advance and differentiate the technology to benefit its rapidly growing community. Picks up £3MOne such company to hit the headlines recently is the London-based Karshare, as it secured a £3 million pre-series A round.