Silvercar
Austin, United States · Founded 2012 · $16.5M raised
- Headquarters
- Austin, Texas
- Employees
- 51–200
- Founded
- 2012
- Business Model
- B2C
- Website
- silvercar.com
- Total Funding
- $16.5M
- Last Round
- $5.0M Venture RoundJul 2013
- Rounds
- 2
About
Silvercar was founded in 2012 in Austin, Texas as a technology-first car rental startup focused on eliminating the friction of traditional airport rental experiences. The service offered a single-model fleet of Audi A4 sedans bookable entirely through a mobile app, with no lines, no paperwork, and no upsells. Silvercar launched its first location at Dallas/Fort Worth International Airport in January 2013 and expanded to airports across the US. Audi led a $28 million investment in 2016 and fully acquired Silvercar in July 2017, subsequently rebranding it as 'Silvercar by Audi.' The company was backed by investors including Austin Ventures and has been a notable example of startup disruption in the legacy rental car industry.
Summary
Silvercar is a Car Rental company based in Austin, United States, founded in 2012. It has raised $16.5M in total across 2 rounds, most recently a $5.0M Venture Round round in Jul 2013.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Jul 2013
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