Socar Malaysia
Car Rental Malaysia | Drive From Only RM6/Hour - SOCAR
Kuala Lumpur, Malaysia · Founded 2018 · $73.0M raised
- Headquarters
- Kuala Lumpur
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2C
- Website
- socar.my
- Total Funding
- $73.0M
- Last Round
- $55.0M Series BSep 2021
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
SOCAR Malaysia offers car-sharing through its app, with vehicle rentals available hourly, daily, weekly, or monthly. The company describes itself as a local community reimagining the future with car-sharing and says its mission is to minimise car ownership through accessible mobility while bringing impact to a greener society across Malaysia and beyond.
Summary
Socar Malaysia is a Mobility company based in Kuala Lumpur, Malaysia, founded in 2018. It has raised $73.0M in total across 2 rounds, most recently a $55.0M Series B round in Sep 2021. Investors include EastBridge Investment Group, Sime Darby and Eugene Private Equity.
Tech & App Stack
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Funding History
Sep 2021
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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