What is 2Hire?
2Hire provides cutting-edge technology solutions designed to empower businesses worldwide in creating services around connected vehicles. Their core offering is a versatile multi-vehicle platform that facilitates sharing and rental services, enabling effortless access to a range of vehicles including cars, mopeds, scooters, and bikes. The company emphasizes the automation of rental processes and the enhancement of user experiences through a fully digital and contactless approach. Operating in over 60 cities across 15 countries, 2hire is positioning itself as a long-term technology partner for mobility service providers, aiming to streamline operations and improve customer engagement in the evolving mobility sector.
How much funding has 2Hire raised?
2Hire has raised a total of $6.9M across 2 funding rounds:
Angel/Seed
$713K
Series A
$6.2M
Angel/Seed (2017): $713K with participation from LVenture Group and Invitalia Ventures
Series A (2020): $6.2M led by P101, Invitalia Ventures, Linkem, and LVenture Group
Key Investors in 2Hire
LVenture Group
LVenture Group is a venture capital firm dedicated to accelerating early-stage startups and fostering innovation. They focus on shaping the future of entrepreneurship by providing resources and capital to promising ventures.
Invitalia Ventures
Invitalia is Italy's national development agency, managing incentives and financing for new businesses and significant projects. They play a key role in supporting economic growth and innovation.
P101
P101 is an investment firm that backs visionary founders, managing significant assets and focusing on impactful companies, particularly within the technology sector in Europe.
What's next for 2Hire?
The substantial enterprise-level capital infusion indicates a strategic pivot towards scaling operations and expanding market reach for 2Hire. With a Series A financing round in February 2020, the company is likely focused on leveraging this investment to enhance its platform's capabilities, further automate its digital and contactless rental solutions, and solidify its presence in existing international markets while exploring new geographical opportunities. The backing from prominent investors suggests a strong belief in 2Hire's business model and its potential to lead in the connected vehicle services sector.
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