# HAPPYCAR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/happycar

- Industry: Internet
- Headquarters: Hamburg, Germany
- Website: www.happycar.de
- Total disclosed funding: $2.9M
- Latest round: Series A (Oct 6, 2016)
- Investors on record: 5

## About

HAPPYCAR GmbH is a car rental comparison platform that enables users to easily find and book vehicles from various providers, enhancing travel flexibility and independence across Germany and beyond.HAPPYCAR GmbH, founded in 2013 in Hamburg, Germany, operates a car rental comparison service that connects customers with providers for vehicle bookings. The company has executed 5 deals, with the most recent deal occurring on June 13, 2023. In the Series A funding round, HAPPYCAR raised EUR 2.60 mn, led by Creathor Ventures, bringing the total amount raised to EUR 2.60 mn and valuing the company at EUR 19.865 mn.HAPPYCAR provides a comprehensive car rental comparison service that allows customers to find and book rental vehicles from various providers across Germany and beyond. Users can compare prices and additional services to select a rental car that meets their specific needs. The platform primarily serves leisure travelers exploring diverse landscapes and cities throughout Germany, including major urban centers like Berlin, Hamburg, and Munich, as well as picturesque coastal and mountainous regions. Accessibility through an online platform makes the rental process convenient for users across Europe and beyond.HAPPYCAR generates revenue by facilitating car rental bookings, acting as an intermediary between customers and various rental providers. The B2C model allows customers to select rental options, often featuring flagship vehicles from well-known brands, and complete their bookings directly through the site. Pricing varies based on vehicle type, rental duration, and chosen services, catering to diverse customer preferences with options ranging from budget-friendly to premium selections.In June 2023, EasyTerra B.V. bid to acquire 100% of HAPPYCAR GmbH, though the financial terms were not disclosed. This acquisition is expected to provide HAPPYCAR with access to additional resources and new markets, while also enhancing existing operations.

## Funding rounds

- Series A, Oct 6, 2016, $2.9M — Creathor Ventures, Capnamic, TruVenturo, HR Ventures, NWZ Digital
- Seed, Sep 30, 2014 — Capnamic

## Investors

- Capnamic (https://capitalatlas.ai/funds/capnamic) — Seed, Series A
- Creathor Ventures (https://capitalatlas.ai/funds/creathor-ventures) — Series A
- TruVenturo (https://capitalatlas.ai/funds/truventuro) — Series A
- HR Ventures (https://capitalatlas.ai/funds/hr-ventures) — Series A
- NWZ Digital (https://capitalatlas.ai/funds/nwz-digital) — Series A