# Tamyca

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

- Industry: Transportation Services
- Headquarters: Herzogenrath, Germany
- Website: www.tamyca.de
- Latest round: Series A (Nov 11, 2011)
- Investors on record: 1

## About

Tamyca is a car-sharing platform that connects vehicle owners with those in need of rental cars, facilitating convenient, local access to a diverse fleet of vehicles.Founded in 2010 in Herzogenrath, Germany, Tamyca operates as a peer-to-peer car-sharing service. The company has made one notable deal, securing Series A funding in November 2011 from Kizoo Technology Capital.Tamyca operates as a car-sharing platform that facilitates the rental of privately owned vehicles, connecting car owners with individuals seeking to rent a vehicle in their vicinity. The core offering enables users to select from a diverse fleet of over 10,000 vehicles, which are made available by local owners often within walking distance of renters. The platform addresses various consumer needs, including family visits, day trips, work-related travel, and relocation support by offering accessible and cost-effective car rental solutions. Tamyca targets urban markets across Germany, including major cities such as Berlin, Cologne, and Hamburg, where the demand for flexible and affordable transportation options is high. The user base comprises both vehicle renters and owners, promoting a community-based approach to car-sharing aimed at reducing the number of idle cars on the road.Tamyca generates revenue through rental transactions between vehicle owners and renters, with pricing structured around daily rental rates that start at approximately EUR 20. The platform typically includes additional charges for insurance and roadside assistance, ensuring renters are fully covered during their rental period. Transactions occur on a direct-to-consumer basis, allowing renters to engage with local car owners without intermediaries. For example, a user might rent a Volkswagen Polo for a day, leading to a transaction that encompasses the rental fee and associated service costs, directly contributing to Tamyca's revenue. The company's business model emphasizes affordability and accessibility, positioning it as a competitive alternative to traditional car rental services.Following the Series A funding round in November 2011, Tamyca plans to expand its service by enhancing its platform with new features designed to improve user experience and facilitate seamless rental transactions. The company aims to extend its reach into additional urban areas across Germany by 2023, targeting cities with increasing demands for car-sharing services. The funds raised will be utilized to develop these new product offerings and support the planned geographic expansion.

## Funding rounds

- Series A, Nov 11, 2011 — KIZOO Technology Ventures

## Investors

- KIZOO Technology Ventures (https://capitalatlas.ai/funds/kizoo-technology-ventures) — Series A