Onto (Automotive) Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Out of Business

  • Employees
  • 163

Employees

  • Latest Deal Type
  • Liquidation

Onto (Automotive) General Information

Description

Operator of a car subscription platform intended to offer ownership of vehicles without having to purchase them. The company's platform follows a business model that helps to pick up a car at any depot easily by paying a subscription that covers all vehicle-related costs, including electricity, enabling users to enjoy all the benefits of driving a car without the long-term commitment of owning one.

Contact Information

Website
www.on.to
Formerly Known As
Rente
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • Ailsa House
  • Wedgnock Lane
  • Warwick CV34 5YA
  • England, United Kingdom
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Application Software
Corporate Office
  • Ailsa House
  • Wedgnock Lane
  • Warwick CV34 5YA
  • England, United Kingdom

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Onto (Automotive) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Bankruptcy: Liquidation 02-Jun-2025 Completed Bankruptcy: Liquidation
10. Debt Repayment Completed Generating Revenue
9. Debt - General 25-Jan-2023 Completed Generating Revenue
8. Later Stage VC (Series C) 27-Jul-2022 Completed Generating Revenue
7. Secondary Transaction - Private 10-May-2022 Completed Generating Revenue
6. Early Stage VC (Series B) 27-Jul-2021 Completed Generating Revenue
5. Working Capital 06-Nov-2020 Completed Generating Revenue
4. Early Stage VC 01-Jun-2020 Completed Generating Revenue
3. Early Stage VC $53.8M $56.9M Completed Startup
2. Accelerator/Incubator $3.02M Completed Startup
To view Onto (Automotive)’s complete valuation and funding history, request access »

Onto (Automotive) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C Preferred
Series C Preferred
Ordinary
Series B Preferred
Series B Preferred
Ordinary
Ordinary
Ordinary 2,700,000 $0.000000 $0.09 $0.09 1x $0.09 2.75%
Ordinary 2,500,000 $0.000000 $0.03 $0.03 1x $0.03 2.55%
To view Onto (Automotive)’s complete cap table history, request access »

Onto (Automotive) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a car subscription platform intended to offer ownership of vehicles without having to purchase them. The com
Automotive
Warwick, United Kingdom
163 As of 2023

Santa Monica, CA
 

Los Angeles, CA
 
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Onto (Automotive) Competitors (2)

One of Onto (Automotive)’s 2 competitors is Autonomy, a Venture Capital-Backed company based in Santa Monica, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Autonomy Venture Capital-Backed Santa Monica, CA
Borrow Venture Capital-Backed Los Angeles, CA
You’re viewing 2 of 2 competitors. Get the full list »

Onto (Automotive) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Onto (Automotive) Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Onto Tech 3 Birmingham, United Kingdom 2021

Onto (Automotive) FAQs

  • When was Onto (Automotive) founded?

    Onto (Automotive) was founded in 2016.

  • Where is Onto (Automotive) headquartered?

    Onto (Automotive) is headquartered in Warwick, United Kingdom.

  • What is the size of Onto (Automotive)?

    Onto (Automotive) has 163 total employees.

  • What industry is Onto (Automotive) in?

    Onto (Automotive)’s primary industry is Automotive.

  • Is Onto (Automotive) a private or public company?

    Onto (Automotive) is a Private company.

  • What is Onto (Automotive)’s current revenue?

    The current revenue for Onto (Automotive) is .

  • How much funding has Onto (Automotive) raised over time?

    Onto (Automotive) has raised $511M.

  • Who are Onto (Automotive)’s competitors?

    Autonomy and Borrow are competitors of Onto (Automotive).

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