Karshare

Car-sharing platform

21-100 employees
  • B2C
  • Retail
  • Marketplace
  • Sustainability
  • Cars
  • Sharing Economy
  • Mobile
  • Community
Soho, London, UK

Company mission

To power the move to net zero by making it easy to use a car without owning one.

Top investors

Our take

Karshare is a community car-sharing platform. According to the UK's Government, there need to be 50% fewer cars on the UK roads by 2030 in order to achieve net-zero carbon emissions by 2050, thus the company believes that car-sharing platforms will experience a boom in the following period.

Karshare stands out as its launch was inspired by the many people who lost their jobs during the pandemic and were looking for additional sources of income - the company claims that its car owners can increase their monthly income by up to £550 by using its service.

Karshare's recent fundraising efforts, both through crowdfunding platforms and traditional venture capital will be invested in expansion into new UK cities, in Karshare's technology and in growing its team.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • 25 days holiday (excl. bank holidays)
  • Work from home opportunities

Funding (2 rounds)

Aug 2021

$4m

SEED

Dec 2020

$1.9m

SEED

$5.8m

Total funding

This company has top investors

Leadership

Previously Head of Ancillary Revenue at easyJet for 4 months and CEO and Founder at Car & Away for 5 years.