GoCarma Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $15M

  • Investors
  • 1

GoCarma General Information

Description

Developer of an online platform designed to verify and reward high-occupancy vehicle travel. The company's platform uses Bluetooth technology to automatically verify whether two or more travelers are riding together, and relays the data to concerned authorities, enabling commuters to qualify for HOV toll discounts.

Contact Information

Website
www.gocarma.com
Formerly Known As
Avego
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 600 Congress Avenue
  • Floor 14
  • Austin, TX 78701
  • United States
Primary Industry
Automotive
Other Industries
Media and Information Services (B2B)
Application Software
Corporate Office
  • 600 Congress Avenue
  • Floor 14
  • Austin, TX 78701
  • United States

GoCarma Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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GoCarma Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC 31-Dec-2022 $15M Completed Profitable
8. Later Stage VC 10-Aug-2021 Completed Profitable
7. Debt - General 05-Feb-2020 Completed Generating Revenue
6. Later Stage VC 12-Nov-2019 Completed Generating Revenue
5. Later Stage VC (Series B) 31-Dec-2018 Completed Generating Revenue
4. Later Stage VC 09-Sep-2016 Completed Generating Revenue
3. Early Stage VC (Series A) 14-Dec-2010 Completed Startup
2. Seed Round 17-Nov-2009 $2.5M $4.5M Completed Startup
1. Seed Round 01-Mar-2007 $2M $2M Completed Startup
To view GoCarma’s complete valuation and funding history, request access »

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GoCarma Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online platform designed to verify and reward high-occupancy vehicle travel. The company's platform uses
Automotive
Austin, TX
50 As of 2022

Nashville, TN
 

San Diego, CA
 
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GoCarma Competitors (4)

One of GoCarma’s 4 competitors is TransCore, a Formerly PE-Backed company based in Nashville, TN.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TransCore Formerly PE-Backed Nashville, TN
Cubic Private Equity-Backed San Diego, CA
Electronic Transaction Consultants Formerly PE-Backed Richardson, TX
Kapsch Corporation Vienna, Austria
To view GoCarma’s complete competitors history, request access »

GoCarma Patents

GoCarma Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230131085-A1 Ride matching to a destination category or purpose in a shared transport system Pending 12-Feb-2007
US-20210335129-A1 Systems and methods for providing safety for drivers and riders in a shared transport system Active 12-Feb-2007
US-20220215754-A1 Systems and methods for verifying a shared journey in a shared transport system Active 12-Feb-2007
US-20210407293-A1 Systems and methods for applying ratings for transport services Active 12-Feb-2007
US-10593206-B2 Ride hailing with optimal pick-up points in shared transport system Active 12-Feb-2007 G08G1/123
To view GoCarma’s complete patent history, request access »

GoCarma Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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GoCarma Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
SOSV Venture Capital Minority
To view GoCarma’s complete investors history, request access »

GoCarma Acquisitions (1)

GoCarma’s most recent deal was a Merger/Acquisition with City CarShare. The deal was made on 12-Aug-2015.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
City CarShare 12-Aug-2015 Merger/Acquisition Automotive
To view GoCarma’s complete acquisitions history, request access »

GoCarma FAQs

  • When was GoCarma founded?

    GoCarma was founded in 2007.

  • Where is GoCarma headquartered?

    GoCarma is headquartered in Austin, TX.

  • What is the size of GoCarma?

    GoCarma has 50 total employees.

  • What industry is GoCarma in?

    GoCarma’s primary industry is Automotive.

  • Is GoCarma a private or public company?

    GoCarma is a Private company.

  • What is GoCarma’s current revenue?

    The current revenue for GoCarma is .

  • How much funding has GoCarma raised over time?

    GoCarma has raised $25.1M.

  • Who are GoCarma’s investors?

    SOSV has invested in GoCarma.

  • Who are GoCarma’s competitors?

    TransCore, Cubic, Electronic Transaction Consultants, and Kapsch are competitors of GoCarma.

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