What is GoTo Global?
GoTo Global, formerly known as GoTo Mobility and Car2Go, is a vehicle sharing technology platform founded in 2008 and headquartered in Tel Aviv, Israel. The company specializes in offering shared mobility-as-a-service solutions, including free-floating shared car services. Its operational model focuses on providing flexible and accessible transportation options within urban environments.
How much funding has GoTo Global raised?
GoTo Global has raised a total of $5.2M across 2 funding rounds:
Private Equity
$150K
Other Financing Round
$5M
Private Equity (2021): $150K with participation from Jesse Lucas
Other Financing Round (2022): $5M led by Berge Auto Group
Key Investors in GoTo Global
Jesse Lucas
An individual investor participating in the funding round.
Berge Auto Group
Berge Auto Group, based in Gilbert, AZ, is a dealership group that offers a range of automotive services and vehicles, indicating a potential strategic interest in the automotive and mobility sector.
What's next for GoTo Global?
The recent major strategic investment into GoTo Global signals a phase of accelerated growth and potential expansion. This capital infusion is likely to be directed towards enhancing its technology platform, broadening its service areas, and potentially forging new partnerships within the evolving landscape of urban mobility. The company's focus on a free-floating car-sharing model positions it to capitalize on increasing demand for convenient and sustainable transportation alternatives.
See full GoTo Global company page
