Silvercar

Austin, United States · Founded 2012 · $16.5M raised

Headquarters
Austin, Texas
Employees
51–200
Founded
2012
Business Model
B2C
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

Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.

Sign up to view the funding chart

Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.

Funding History

Venture RoundFunding RoundJul 2013
$5.0M

Sign up to see all 2 rounds

Full funding history, per-round amounts, and investor participation.

Similar Companies