Car Next Door
Makes it simple to turn any car into a share car, empowering people to save money, reduce waste and create cleaner, greener, better neighbourhoods.
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| - | investor investor investor | €0.0 | round |
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* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Car Next Door, which became Uber Carshare, operated as a peer-to-peer car-sharing platform in Australia. The company was founded in Sydney in 2012 by Will Davies and Dave Trumbull with the mission to reduce dependency on personal car ownership. The idea originated from Davies' own use of traditional car-sharing services and the realization that leveraging the vast number of underutilized private vehicles would be more efficient. He partnered with his former university flatmate, Dave Trumbull, who brought his expertise as a developer from Macquarie Bank to serve as the Chief Technology Officer.
The platform's business model connected car owners with individuals who needed to rent a vehicle for short periods, from an hour to several days. This created a source of income for car owners while providing renters with convenient local vehicle access. Revenue was generated by taking a commission from the rental fees, which consisted of a daily or hourly rate plus a per-kilometer charge. The service catered to individuals seeking alternatives to car ownership for errands or day trips, aiming to make cities more liveable by reducing congestion.
The company's product was a comprehensive service that included an online booking platform, in-vehicle technology, insurance, and member support. A key feature was the installation of a lockbox and GPS tracking device in the owner's car, allowing renters to access the vehicle contactlessly via the app, eliminating the need for a key exchange. The platform performed driver history and credit checks to ensure a trusted community of users. Following its acquisition by Uber in January 2022, Car Next Door was rebranded as Uber Carshare in November of the same year. This integration was intended to scale the service and combine it with Uber's broader mobility options. However, in August 2024, Uber announced the shutdown of Uber Carshare in Australia, effective September 12, 2024, citing rising operational costs related to insurance, theft, and repairs.
Keywords: Car Next Door, Uber Carshare, Will Davies, Dave Trumbull, peer-to-peer car rental, car sharing Australia, mobility services, collaborative consumption, transportation platform, vehicle sharing, startup exit, Uber acquisition, asset sharing, sustainable transport, on-demand vehicles, keyless entry cars, automotive technology, hourly car rental, daily car rental, car sharing shutdown