What is Core Car?
Core Car, formerly known as Prime Time Global and Prime Time Limousine, operates as a comprehensive corporate chauffeur service. Headquartered in Stamford, Connecticut, the company provides chauffeured ground transportation across more than 450 cities globally. Core Car emphasizes safety, courtesy, and professionalism, aiming to deliver a comfortable and luxurious ride experience for all clients. Reservations are accepted around the clock, every day of the year, highlighting their commitment to client accessibility and service availability.
How much funding has Core Car raised?
Core Car has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$646K
Debt (2020): $350K with participation from PPP
Debt (2021): $646K led by PPP
Key Investors in Core Car
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Core Car?
The recent major strategic investment, alongside substantial prior debt financing, positions Core Car for significant expansion and service enhancement. This infusion of capital is likely to be directed towards scaling operations, potentially expanding their global city coverage, and further investing in fleet modernization and technology to maintain their competitive edge in the premium ground transportation sector. The company's focus on enterprise-level clients suggests a strategy geared towards solidifying long-term corporate partnerships and enhancing service offerings to meet the evolving demands of business travel.
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