GETCHA
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $6.7M
Investors
- 7
About GETCHA
Based in South Korea, GETCHA develops a platform aimed at revolutionizing the car buying process, particularly for new vehicles.Founded in 2015 in Seoul, South Korea, GETCHA operates a platform that simplifies the car purchasing process. The founder's previous ventures are not listed, and there are no mentions of the company being a subsidiary or undergoing any significant pivots in its business strategy. GETCHA offers a comprehensive platform designed to streamline the car buying process, notably focusing on new car purchases. The core product facilitates users in comparing car prices and obtaining quotes without the need for extensive in-person visits to dealerships. This application serves both individual consumers looking to purchase vehicles and automotive dealers aiming to connect with potential buyers. Since its launch, GETCHA has positioned itself primarily in the South Korean market, catering to tech-savvy consumers who prefer convenience and transparency in car buying.The revenue structure of GETCHA is primarily driven by transaction fees generated from successful car purchases facilitated through its platform. Clients, which include both vehicle buyers and dealerships, engage in transactions where the app aggregates quotes from multiple sources, allowing consumers to make informed decisions. While specific pricing plans for services are not disclosed, it can be inferred that the company may operate on a commission basis for each transaction completed through its services. This model positions GETCHA as a direct-to-consumer service, enhancing its appeal to individual buyers while simultaneously providing value to dealerships by connecting them with potential customers. Additionally, GETCHA may explore opportunities to expand its services into new geographic markets, although specific regions and timelines have not been disclosed.
Who invested in GETCHA
7 investors across 2 rounds
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Questions about GETCHA
Who invested in GETCHA?
GETCHA has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GETCHA raised?
GETCHA has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did GETCHA last raise money?
GETCHA's most recent round on record is a Series A, in Oct 2021.
What does GETCHA do?
Based in South Korea, GETCHA develops a platform aimed at revolutionizing the car buying process, particularly for new vehicles.
Where is GETCHA headquartered?
GETCHA is headquartered in Seoul, South Korea.
Which VCs invest in companies like GETCHA?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at GETCHA's stage. Their profiles are linked below.
VCs backing software startups at Series A
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