TeamO2 Co.

Transportation ServicesSeries BSeoul, South Koreateamo2.kr

Latest round

Series B

Last raised

Mar 2021

Total raised

$11M

Investors

7

About TeamO2 Co.

, Ltd., Ltd. specializes in a car rental comparison platform.TeamO2 specializes in a global online-to-offline (O2O) platform service that allows users to compare rental car prices and reviews from various providers, enabling real-time vehicle reservations. Their primary product is the car rental platform, Kamoa, which serves as a comprehensive solution for both end-users and rental car companies. Kamoa offers booking services in 30 countries and 189 cities, including 23 countries in Europe and Taiwan, addressing the needs of both leisure and business travelers seeking rental options abroad. The platform supports rental agencies in effectively managing vehicle reservations and revenue through a proprietary management program, enhancing operational efficiency.The revenue structure of TeamO2 is primarily driven by transaction fees associated with the Kamoa platform's rental car bookings. Clients, which include both end consumers and B2B partners, engage with the platform to facilitate vehicle rentals, leading to a commission-based revenue model. The company reported a cumulative transaction amount exceeding KRW 100 billion in the previous fiscal year, indicating a growth trajectory with a 61% increase in the number of bookings year-over-year., Ltd. TeamO2 aims to enhance its product offerings and enter new markets by leveraging this investment, focusing on regions experiencing a recovery in travel demand.

Who invested in TeamO2 Co.

7 investors across 3 rounds

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Funding rounds

  1. Series B

    Mar 22, 2021

    Amount

    $8.8M

    Investors

    Locked

  2. Series A

    Jun 26, 2019

    Amount

    $2.6M

    Investors

    Locked

  3. Seed

    Nov 1, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about TeamO2 Co.

Who invested in TeamO2 Co.?

TeamO2 Co. has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has TeamO2 Co. raised?

TeamO2 Co. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did TeamO2 Co. last raise money?

TeamO2 Co.'s most recent round on record is a Series B, in Mar 2021.

What does TeamO2 Co. do?

TeamO2 Co. is a transportation services company.

Where is TeamO2 Co. headquartered?

TeamO2 Co. is headquartered in Seoul, South Korea.

Which VCs invest in companies like TeamO2 Co.?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back transportation services companies at TeamO2 Co.'s stage. Their profiles are linked below.

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