
Transfercar
Free one way rental cars and RVs. Check out our site for an explanation on how we make them free....
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | $100k | Seed | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | 107 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Transfercar is a unique service that offers free one-way rental cars and campervans to individuals willing to relocate vehicles for rental companies. Operating in New Zealand, Australia, North America, South Africa, and Namibia, Transfercar serves a diverse clientele including couples, friends, families, students, backpackers, business people, seniors, and other travelers. The business model is straightforward: rental companies need to move their vehicles between locations, and instead of using expensive trucking services, they allow individuals to drive these vehicles for free. This arrangement benefits both parties—rental companies save on logistics costs, and drivers get free transportation.
Transfercar makes money by charging rental companies for listing their vehicles on its platform. The service is highly rated by users, boasting an excellent 4.7 rating based on nearly 12,000 reviews. The platform is user-friendly, allowing drivers to easily find available vehicles and book them for relocation. To become a relocation driver, one must be over 18 years old and possess a valid full driving license.
Keywords: relocation, rental cars, campervans, free travel, logistics, New Zealand, Australia, North America, South Africa, Namibia.