Car Sharing Startups in Africa
Overview Powered by AI
Car sharing in East Africa has seen promising growth, with players like Locomute, dryve, and GoMyWay gaining traction. However, the market remains fragmented and faces challenges such as limited infrastructure and high vehicle acquisition costs. Local business leaders are cautiously optimistic, acknowledging potential but also highlighting the need for improved regulation and consumer education.
Cummulative Funding
$6.4M+
Total # of Companies
5
Total Deal Count
7
Total M&A Count
0
Total # of Investors
2
List of Car Sharing startups in Africa
Add StartupStartuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
---|---|---|---|---|
Locomute is offers consumers a more tech-savvy and flexible approach to car rentals and transportation. | Venture | $ 5,000,000 | 2015 | |
dryve is revolutionizing mobility in the Middle East! | Funding Round | $ 1,312,000 | 2017 | |
GoMyWay is a ride sharing service that connects private car owners with empty seats to passengers going the same way across Nigeria. | Seed | $ 175,000 | 2015 | |
HURRY is an Egyptian MaaS startup which provides free floating car sharing through a fleet of gas and electric cars. | Undisclosed | Undisclosed | 2019 | |
Zuru Car Rental is a Kenyan startup connecting car owners with travelers seeking to hire those cars | Pre-seed | Undisclosed | 2018 |
Founded
2015
Overview
Locomute is offers consumers a more tech-savvy and flexible approach to car rentals and transportation.
Last round
Venture
Total raised
$ 5,000,000
Employee
Founded
2017
Overview
dryve is revolutionizing mobility in the Middle East!
Last round
Funding Round
Total raised
$ 1,312,000
Employee
11-50
Founded
2015
Overview
GoMyWay is a ride sharing service that connects private car owners with empty seats to passengers going the same way across Nigeria.
Last round
Seed
Total raised
$ 175,000
Employee
1-10
Founded
2019
Overview
HURRY is an Egyptian MaaS startup which provides free floating car sharing through a fleet of gas and electric cars.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2018
Overview
Zuru Car Rental is a Kenyan startup connecting car owners with travelers seeking to hire those cars
Last round
Pre-seed
Total raised
$ 0
Employee
2-10