# Kyte Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kyte-systems

- Industry: Transportation Services
- Headquarters: San Francisco, US
- Website: www.kyte.com
- Total disclosed funding: $99M
- Latest round: Series B (Nov 10, 2022)
- Investors on record: 19

## About

Based in California, US, and founded in 2019 by co-founders Francesco Wiedemann, Ludwig Schoenack, and Nikolaus Volk, Kyte Systems Inc. operates as a technology and operations company that offers a subscription service to customers to rent cars on demand. In March 2024, Kyte Systems Inc. raised USD 250 million in venture debt funding from Waterfall Asset Management and Barclays Bank. The company offers its subscription services to customers in 14 cities across the US, including San Francisco, Los Angeles, New York City, Brooklyn, Jersey City, and Miami.Kyte Systems, Inc. operates a subscription service for customers to rent cars on demand. It offers a wide range of rental options to choose from, including economy, sedans, SUVs, premium, and electric vehicles that can be reserved through the company's application or website, and a driver will bring the vehicle to the customer whenever and wherever they need it. Kyte's service also includes roadside assistance, maintenance, insurance, and protection from depreciation.

In August 2025, Kyte Systems Inc. discontinued its operations.

## Funding rounds

- Series B, Nov 10, 2022, $60M — Valor Equity Partners, DN Capital, Hearst Ventures, Anthemis, Citi Ventures, Alumni Ventures Group, FJ Labs, Urban Innovation Fund, 1984 Ventures, InterAlpen Partners
- Series A, Oct 6, 2021, $30M — DN Capital, Park West Asset Management, Rosecliff Ventures, Seraph Group, FundersClub, Urban Innovation Fund, Amplo, 1984 Ventures, Contrary, Karman Ventures, Sterling Road, Unpopular Ventures
- Seed, Nov 25, 2020, $9M — DN Capital, FJ Labs, Amplo, Contrary

## Investors

- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Seed, Series A, Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed, Series B
- Amplo (https://capitalatlas.ai/funds/amplo) — Seed, Series A
- Contrary (https://capitalatlas.ai/funds/contrary) — Seed, Series A
- Park West Asset Management — Series A
- Rosecliff Ventures (https://capitalatlas.ai/funds/rosecliff-ventures) — Series A
- Seraph Group (https://capitalatlas.ai/funds/seraph-group) — Series A
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Series A
- Urban Innovation Fund (https://capitalatlas.ai/funds/urban-innovation-fund) — Series A, Series B
- 1984 Ventures (https://capitalatlas.ai/funds/1984-ventures) — Series A, Series B
- Karman Ventures (https://capitalatlas.ai/funds/karman-ventures) — Series A
- Sterling Road (https://capitalatlas.ai/funds/sterling-road) — Series A
- Unpopular Ventures (https://capitalatlas.ai/funds/unpopular-ventures) — Series A
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series B
- Hearst Ventures (https://capitalatlas.ai/funds/hearst-ventures) — Series B
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- InterAlpen Partners (https://capitalatlas.ai/funds/interalpen-partners) — Series B