# Gongcar Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gongcar-co

- Industry: Software
- Headquarters: Daejeon, South Korea
- Website: www.gongcar.kr/
- Latest round: Seed (Jun 1, 2023)
- Investors on record: 2

## About

Based in South Korea, Gongcar Co., Ltd. specializes in optimizing the car rental lifecycle through advanced technologies, offering innovative services for rental operators and consumers.Founded in 2020 and headquartered in Daejeon, South Korea, Gongcar Co., Ltd. focuses on enhancing the car rental experience with technology-driven solutions. The company has completed 3 deals to date, with its most recent funding round occurring on October 30, 2025. Gongcar raised approximately KRW 1 billion in PRE-SERIES A funding from investors including BlissVine Ventures and Korea SMEs and Startups Agency, totaling KRW 1 billion raised overall.Gongcar specializes in providing a comprehensive suite of services aimed at optimizing the car rental lifecycle through advanced technologies. Its core offerings include IoT and AI-powered ERP solutions tailored for rental car operators, facilitating efficient management of vehicle fleets. Additionally, the Gongcar Platform serves as a nationwide B2B2C rental car booking service, connecting rental companies with customers directly. Gongcar Care offers vehicle maintenance and repair services (MRO) specifically designed for rental operators, while Gongcar Labs focuses on startup consulting and AI development to enhance operational capabilities. These services predominantly target the South Korean market, catering to rental car companies and their end-users seeking seamless vehicle rentals and related services.Gongcar generates revenue through a structured transaction model that involves partnerships with rental car companies, enabling them to utilize its technology and service solutions. The company typically enters into agreements that may include subscription-based pricing for its ERP software and commission structures for bookings made through the Gongcar Platform. This setup allows rental operators to leverage Gongcar's innovative tools while providing a streamlined booking experience for consumers. Furthermore, Gongcar Care operates on a service fee model for its vehicle maintenance solutions, ensuring consistent revenue from its comprehensive care offerings. The combination of these revenue streams positions Gongcar as a pivotal player in the car rental industry.In October 2025, Gongcar Co., Ltd. plans to use the funds raised from its recent PRE-SERIES A funding to establish a rental car fulfillment center, expand its private brand vehicle operations, and accelerate its proof of concept in Vietnam and Indonesia. The company aims to launch new products and services to enhance its offerings, targeting rapid growth in these new geographic markets.

## Funding rounds

- Seed, Jun 1, 2023 — Korea Tech Incubator for Startup, Tap Angel Partners
- Seed, Jul 28, 2021 — Tap Angel Partners

## Investors

- Tap Angel Partners (https://capitalatlas.ai/funds/tap-angel-partners) — Seed
- Korea Tech Incubator for Startup — Seed