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Successfully funded
Capital at risk
overfunded
hiyacar
  • Equity
246%
Raised
£1,231,930
Investors
736
Target
£500,000
Equity
14.42%
Pre-money valuation
£7,311,024

Say hiya to the car next door! Hiyacar’s mission is to change the way we own and use cars. Our online platform allows car owners to rent their cars to vetted drivers, saving time, money and hassle. With over 1,600 cars in London we are fundraising to scale our marketing and keyless tech.

  • Aims to disrupt 'on-demand' car space with billions of annual journeys
  • QuickStart keyless technology has doubled booking/request conversions since Nov
  • Insurance comes included- the only UK P2P policy from AXA
  • Business solutions with Councils, Airport, OEMs & Country Estate

Idea

The UK has approximately 32m cars, with 3m in London alone. With average annual costs of £6.6k, cars are expensive and create gridlocked, polluted streets. Yet, 95% of their time is idle. There has to be a better way to own and use cars.

Say hiya to hiyacar - the only genuine P2P car sharing company in the UK with a keyless solution. If you own a car - rent it out to vetted drivers. If you are a driver - search, book & drive using the app. By giving people freedom at their fingertips, hiyacar aims to change the way we move around and use cars forever. Supported by market leading insurance from AXA and roadside assistance from the AA, hiyacar’s first transaction was in Feb 2016 and they raised £1.9m from Angels in late 2016. They soon realised that the hassle of a key handover was the biggest obstacle to scaling so they launched QuickStart, a box allowing drivers to unlock cars on demand and a mobile app with a custom built platform to support it in mid 2017.

Featured in The Times, Sun, Telegraph and Mail, hiyacar is now a friendly community with >50k members, cars in every London borough and the best Trustpilot rating for UK car sharing. They launched the first P2P B2B solution and have agreed to launch an “earn while you fly” scheme with a major airport plus a partnership with a leading car manufacturer. Hiyacar is raising funds to be the biggest UK car sharing service by 2020.

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In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan.  There will be no public offering of the Securities in the United States.
 
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