UK Car Sharing Startup Karshare Now Seeking £1 Million Through Seedrs Funding Round
Summary
Karshare, a UK-based car-sharing startup, is now seeking £1 million through its equity crowdfunding campaign on Seedrs. Founded earlier this year, Karshare stated it is creating a more sustainable, shared future, where having a car is seen as a choice and not a necessity. “The UK’s first car-sharing platform aimed solely at serving local communities, we enable those with cars to share theirs, and thosewithout, to quickly and easily rent one from someone nearby.Car sharing means fewer cars need to be produced each year, and less congestion in our towns and cities – which both reduce carbon emissions and will play a key role in our transition to net zero. Our smart technology and contactless process combined with a mission to empower local communities will help to define our tomorrow and enable a world to do more, with less.” Karsahre also noted that its platform features telematics and keyless tech. The company is now offering 10.52% in equity at a £8.5 million pre-money valuation through the funding round, which is set to close mid-January 2021.