SOCAR

Car-sharing platform providing access to vehicles for short-term rentals.

Launch date

2017

Employees

Market cap

Enterprise valuation

€194m (Public information from Sep 2021)

Kuala Lumpur Malaysia (HQ)

https://socar.my/

https://twitter.com/socarmalaysia https://www.linkedin.com/company/socarmy https://apps.apple.com/app/id1314380235

Revenues, earnings & profits over time

USD	2018	2019	2020
Revenues	3.3m	13.3m	41.0m
% growth	-	303 %	208 %

Date	Investors	Amount	Round
Feb 2020*	KH energy Eugene Private Equity	$18.0m Valuation: $118m	Series A
Sep 2021	Sime Darby (Formerly Sime, Darby & Co. Ltd) EastBridge Partners	$55.0m Valuation: $213m	Series B
Total Funding		€66.4m

Tech stackLearn more about the technologies and tools that this company uses.