Tech Company Financing Transactions

Silvercar Funding Round

Silvercar closed a $14 million Series B funding round on 9/23/2014. Investors included Velos Partners, Austin Ventures and Tuesday Capital.

Transaction Overview

Company Name
Announced On
9/23/2014
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series B
Investors

Velos Partners (Lead Investor) (Eduardo Saverin)

Austin Ventures (Thomas Ball)

Tuesday Capital

Proceeds Purpose
The startup will try to reach break-even next year, which will help it secure non-dilutive working capital lines.

Company Information

Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
712 Congress Ave. 201
Austin, TX 78701
USA
Email Address
Overview
Silvercar is the airport car rental experience reimagined for you, the connected business traveler. We put the power back in your hands, enabling you to bypass lines, avoid complexity and frustration, and drive away in a world-class car at a great price. Every time.
Profile
Silvercar LinkedIn Company Profile
Social Media
Silvercar Company Twitter Account
Company News
Silvercar News
Facebook
Silvercar on Facebook
YouTube
Silvercar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Luke Schneider
  Luke Schneider LinkedIn Profile  Luke Schneider Twitter Account  Luke Schneider News  Luke Schneider on Facebook


 

 

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Next: 9/23/2014: SynGen venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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