Hiyacar

company

About

Hiyacar is a UK peer to peer car sharing platform.

  • 11 - 50

Details

Last Funding Type
Equity Crowdfunding
Last Funding Money Raised
£214.96K
Industries
Automotive,E-Commerce,Leisure,Ride Sharing,Tourism,Travel
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

Car fiend Graeme worked long hours in the City and knew his car cost him money just to sit on his drive, doing nothing. Not so much an asset, more of a liability.

With the help of e-commerce expert Rob, the pair realised that a car-sharing app (an ‘AirBnB for cars’) might offer a smarter, more environmentally friendly way for people in Britain to hire the 10 million cars rented here every year.

The pair began work in August 2014, and it soon became clear that the obstacle to unlocking the value in people’s cars was simple: the keys, and the time it took to hand them over.

The team worked on an app-controlled box which allowed users to unlock cars direct from the app. The QuickStart® box was born.

Rob and Graeme hired their first employee in 2016, and have watched hiyacar evolve into a friendly, living community, and a company of 16 people. hiyacar still puts people first - and unlike others they were born and bred in Britain.

Each hiyacar shared could take the equivalent of 11 vehicles off the road. People are getting to know their neighbours, too. Hiya Owners add personal touches, such as putting ribbons on a car for a wedding. It’s a new way to drive, and something they are very proud of.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
£214.96K
Hiyacar has raised a total of £214.96K in funding over 2 rounds. Their latest funding was raised on Jun 30, 2016 from a Equity Crowdfunding round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 30, 2016 Equity Crowdfunding £214.96K 1 Seedrs Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Hiyacar is funded by 1 investors. Seedrs are the most recent investors.
Investor Name Lead Investor Funding Round
Seedrs Yes Equity Crowdfunding