Onto (Automotive) Overview
- Year Founded
-
2016
- Status
-
Out of Business
- Employees
-
163
- Latest Deal Type
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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.toCorporate Office
- Ailsa House
- Wedgnock Lane
- Warwick CV34 5YA
- England, United Kingdom
Corporate Office
- Ailsa House
- Wedgnock Lane
- Warwick CV34 5YA
- England, United Kingdom
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 |
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% |
Onto (Automotive) Comparisons
Industry
Financing
Details
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 |
Onto (Automotive) Signals
Onto (Automotive) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Onto Tech 3 | Birmingham, United Kingdom | 2021 |
Onto (Automotive) FAQs
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When was Onto (Automotive) founded?
Onto (Automotive) was founded in 2016.
-
Where is Onto (Automotive) headquartered?
Onto (Automotive) is headquartered in Warwick, United Kingdom.
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What is the size of Onto (Automotive)?
Onto (Automotive) has 163 total employees.
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What industry is Onto (Automotive) in?
Onto (Automotive)’s primary industry is Automotive.
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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?
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