SocialCar, a Barcelona, Spain-based private car renting platform, raised €800k in its first funding round.
The round was led by Cabiedes & Partners with participation from angel investors including Pau Serracanta.
The company intends to use the funds to continue to consolidate its market position in Spain and expand abroad.
Founded in 2011 by Mar Alarcón, SocialCar provides a web and mobile platform for private people to rent cars from peers. The platform is currently used by 40,000 users in Barcelona, Madrid, Valencia, Mallorca, Menorca, Vigo, Sevilla, Bilbao and Ibiza.
FinSMEs
30/03/2015