Amovens
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | Acquisition | |
* | €5.0m | Early VC | |
€7.3m | Late VC | ||
Total Funding | CAD18.5m |
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Recent News about Amovens
EditAmovens, operating under the brand GoMore, is a dynamic platform that facilitates peer-to-peer car rentals and ridesharing services. The company primarily serves individual consumers looking for flexible and cost-effective transportation solutions. Amovens operates in the shared mobility market, which is rapidly growing as consumers seek more sustainable and economical alternatives to traditional car ownership.
The business model of Amovens revolves around connecting car owners with individuals who need to rent a vehicle for short-term use. Car owners can list their vehicles on the platform, setting their own rental prices and availability. Renters can then book these vehicles through the Amovens app, which offers options to rent by the hour, day, or week. This model not only provides a source of income for car owners but also offers renters a wide range of vehicle choices at competitive prices.
Amovens generates revenue through transaction fees charged to both car owners and renters. Additionally, the company offers subscription plans for frequent users, which provide benefits such as reduced fees and priority booking. The platform's seamless app experience, which includes features like user ratings, secure payments, and customer support, enhances user satisfaction and retention.
Keywords: peer-to-peer, car rentals, ridesharing, shared mobility, flexible renting, app-based, transaction fees, subscription plans, user ratings, secure payments.