What is DOON?
DOON PH stands as the Philippines' pioneering fully insured peer-to-peer online car sharing marketplace. The platform facilitates the rental of a wide array of vehicles, catering to both individuals seeking convenient self-drive options and car owners looking to monetize their vehicles. Central to DOON's value proposition are its robust safety measures and commitment to customer satisfaction, evidenced by comprehensive insurance coverage and supplementary services such as roadside assistance. Through its intuitive mobile application, DOON streamlines the process for users to discover and secure the ideal vehicle for their travel needs.
How much funding has DOON raised?
DOON has raised a total of $1.5M across 1 funding round:
Other Financing Round
$1.5M
Other Financing Round (2024): $1.5M with participation from Esquire Financing
Key Investors in DOON
Esquire Financing
Esquire Financing is a financial institution that provides small business loans, particularly for SMEs in the Philippines, focusing on quick approvals and minimal requirements for non-collateral loans.
What's next for DOON?
The recent major enterprise-level funding positions DOON for significant expansion and operational enhancement. This strategic capital injection is expected to fuel advancements in platform technology, broaden market reach within the Philippines, and potentially introduce new service verticals. As DOON continues to scale its operations, the focus will likely remain on solidifying its market leadership through enhanced user experience, expanded vehicle inventory, and reinforced safety protocols, thereby driving further growth and solidifying its position in the mobility sector.
See full DOON company page
