Esar

company

About

Esar is a car rental market that connects and enables community members to rent unique cars that suit their needs.

  • 1 - 10

Details

Last Funding Type
Seed
Industries
Marketplace,Rental,Rental Property
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

Esar is a car rental market that connects and enables community members to rent unique cars that suit their needs.

It creates a marketplace where car owners offer their premium cars free of charge and the tenant finds and seizes the vehicles after passing the company's verification checks. Essar specializes in daily rent from day to month and their prices are approximately 35% lower than traditional car rental companies. The company seeks and focuses on developing and enhancing trust and cooperation among members of society and creating new opportunities for the region's societies in the field of car rental and travel.

It is headquartered in Jeddah, Makkah.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$50K
Esar has raised a total of $50K in funding over 2 rounds. Their latest funding was raised on Apr 8, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 8, 2020 Seed 1 Detail
Jan 1, 2019 Pre-seed $50K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Esar is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed