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Simplecar
Montclair, US · Founded 2020 · Delaware corporation · 1 known investors
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SimpleCar offered a vehicle subscription with a fixed monthly price that bundled a car, insurance, roadside assistance, maintenance, and pickup/drop-off service, with no credit checks or upfront payments. It served everyday drivers such as young professionals, students, and relocating families, but has since shut down after failing to secure scaling capital.
Founders & leadership
Simplecar was founded in 2020 by Alejandro Wolniewitz, Clyde Rankin, and Alex.
A
AlexCo-founder
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Taylor BasilioChief Technology Officer2022–2024His background includes work in educational technology, with a focus on free and open source software.
Investors · 1
Slauson & Co.reportedLos Angeles · $300K
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$3.7M disclosed across 1 round · 2023
▶$3.7MraisedSep 2023 · 8 investors · OtherRule 506(b)
▶$3.7MraisedSep 2023 · 8 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Alejandro WolniewitzExecutive Officer, Director
- Clyde RankinExecutive Officer, Director
- Taylor BasilioExecutive Officer
- Offering amount
- $5.2M
- Amount sold
- $3.7M
- Minimum investment
- $50K
- First sale
- Sep 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 6
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Autonomy fka NXCRAutonomy is an automotive subscription platform that enables vehicle subscription services as a sustainable business model in automotive retail. The company serves automotive retailers and consumers through flexible, subscription-based vehicle access.
UpshiftUpshift operates a car-sharing platform focused on sustainability, deploying hybrid and electric vehicles to reduce emissions and car ownership. The service prioritizes environmental impact, fleet utilization efficiency, and fair employment practices for delivery and operations staff across cities.
ROAMRoam is a Canadian car subscription and long-term rental company offering flexible weekly and monthly vehicle plans, with cars delivered to customers' doors. It serves both consumers and businesses in the Greater Toronto Area and Ottawa, Ontario.
LoopitLoopit provides a software platform for flexible mobility and fleet management, supporting car subscription, rental, leasing, and fleet operations for businesses in the automotive industry. It began as a digital-first car dealership and retail car subscription service before building the platform.
AutowebAutoWeb provides performance-based marketing solutions to the automotive industry, helping dealers and OEMs connect with consumers ready to purchase vehicles. The company also supplies consumers with information to support car-buying decisions.
Companies working in the same space as Simplecar.
Frequently asked questions
- What does Simplecar do?
- SimpleCar offered a vehicle subscription with a fixed monthly price that bundled a car, insurance, roadside assistance, maintenance, and pickup/drop-off service, with no credit checks or upfront payments. It served everyday drivers such as young professionals, students, and relocating families, but has since shut down after failing to secure scaling capital.
- Who founded Simplecar?
- Simplecar was founded by Alejandro Wolniewitz, Clyde Rankin, Alex in 2020.
- Who are Simplecar's investors?
- Simplecar's investors include Slauson & Co..
- How much funding has Simplecar raised?
- Simplecar has disclosed $3.7M raised across 1 round.
- Where is Simplecar headquartered?
- Simplecar is headquartered in Montclair, US.