About instacar

Instacar is the first fully digitized car subscription service in Greece, offering flexible leasing options for vehicles, e-bikes, and e-scooters through a streamlined online platform. This service eliminates bureaucratic hurdles and bank involvement, allowing individuals and businesses to access vehicles with minimal upfront costs and the ability to change or return them with just 30 days' notice.

```xml <problem> Traditional car leasing in Greece involves bureaucratic processes and bank involvement, creating barriers for individuals and businesses seeking flexible vehicle access. High upfront costs and rigid contract terms further limit accessibility and adaptability to changing needs. </problem> <solution> Instacar offers a fully digitized car subscription service in Greece, providing flexible leasing options for cars, e-bikes, and e-scooters through an online platform. The service eliminates bureaucratic hurdles and bank involvement, allowing individuals and businesses to access vehicles with minimal upfront costs. Customers can change or return vehicles with a short 30-day notice, providing unparalleled flexibility. Instacar also offers a fleet management tool, instafleet, and a driver application, instadriver app, to streamline vehicle management and incident reporting. </solution> <features> - 100% online platform for vehicle selection, subscription management, and contract modifications - Flexible leasing terms with options to change or return vehicles with 30 days' notice - No bank involvement or complex paperwork - Instafleet: Fleet management tool for businesses to manage vehicle deliveries, returns, and exchanges - Instadriver app: Mobile application for drivers to track vehicle and contract details, report incidents, and schedule repairs - Wide selection of vehicles, including cars, e-bikes, and e-scooters, from various brands - All-inclusive subscription covering road tax, maintenance, insurance, and 24/7 roadside assistance </features> <target_audience> Instacar targets individuals and businesses in Greece seeking flexible, short-term vehicle leasing options without the complexities of traditional leasing or ownership. </target_audience> <revenue_model> Instacar generates revenue through monthly subscription fees for vehicle leasing, with different pricing tiers based on vehicle type, subscription duration, and included services. A one-time registration fee of 270€ + VAT is also charged. </revenue_model> ```

What does instacar do?

Where is instacar located?

instacar is based in Athens, Greece.

When was instacar founded?

instacar was founded in 2019.

How much funding has instacar raised?

instacar has raised 59970000.

Location

Athens, Greece

Founded

2019

Funding

59970000

Employees

86 employees

Major Investors

Autohellas, Elikonos Capital Partners

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instacar

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Executive Summary

instacar.gr 7K+

Crunchbase

Founded 2019 – Athens, Greece

Funding

Estimated Funding

$50M+

Major Investors

Autohellas, Elikonos Capital Partners

Team (75+)

No team information available.

Company Description

Problem

Traditional car leasing in Greece involves bureaucratic processes and bank involvement, creating barriers for individuals and businesses seeking flexible vehicle access. High upfront costs and rigid contract terms further limit accessibility and adaptability to changing needs.

Solution

Instacar offers a fully digitized car subscription service in Greece, providing flexible leasing options for cars, e-bikes, and e-scooters through an online platform. The service eliminates bureaucratic hurdles and bank involvement, allowing individuals and businesses to access vehicles with minimal upfront costs. Customers can change or return vehicles with a short 30-day notice, providing unparalleled flexibility. Instacar also offers a fleet management tool, instafleet, and a driver application, instadriver app, to streamline vehicle management and incident reporting.

Features

100% online platform for vehicle selection, subscription management, and contract modifications

Flexible leasing terms with options to change or return vehicles with 30 days' notice

No bank involvement or complex paperwork

Instafleet: Fleet management tool for businesses to manage vehicle deliveries, returns, and exchanges

Instadriver app: Mobile application for drivers to track vehicle and contract details, report incidents, and schedule repairs

Wide selection of vehicles, including cars, e-bikes, and e-scooters, from various brands

All-inclusive subscription covering road tax, maintenance, insurance, and 24/7 roadside assistance

Target Audience

Instacar targets individuals and businesses in Greece seeking flexible, short-term vehicle leasing options without the complexities of traditional leasing or ownership.

Revenue Model

Instacar generates revenue through monthly subscription fees for vehicle leasing, with different pricing tiers based on vehicle type, subscription duration, and included services. A one-time registration fee of 270€ + VAT is also charged.