Tech Company Financing Transactions
NextCar Funding Round
NextCar, operating out of Santa Monica, raised $30 million from private investors.
Transaction Overview
Company Name
Announced On
2/24/2021
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Seed
Investors
private investors (Mark Pincus)
private investors (Reid Hoffmann)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Santa Monica, CA 90291
Undisclosed
Santa Monica, CA 90291
Undisclosed
Phone
Website
Email Address
Overview
NextCar is on a mission to create a profitable platform that enables vehicle subscription to thrive as a sustainable business model in automotive retail. NextCar is innovating through technology, operations and infrastructure, and strategic partnerships in order to advance the vehicle subscription model and marketplace.
Management Team
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