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Dublin’s GoCar nets €10M, plans to add 280 new vehicles

GoCar funding
Picture credits: GoCar

Dublin-headquartered GoCar, one of Ireland’s leading vehicle-sharing services, has raised €10 million investment for the expansion and enhancement of its current services across Ireland. The investment is part of GoCar’s commitment to providing sustainable and convenient mobility solutions to meet growing customer demand for alternative transport options to private vehicle ownership.

The investment will support increased vehicle availability and wider vehicle choices for customers throughout the country. 280 new vehicles will be added across 149 locations, catering to both urban and rural communities. The company aims to have 1100 GoCar vehicles on Irish roads by the end of 2023, with hundreds of bases across the country.

This expansion aims to provide users with a broader range of vehicle types, ensuring increased choice and flexibility when it comes to public transport options.

Further, a new loyalty programme will be introduced, rewarding repeat customers for their continued use of car sharing services, with the launch planned for late 2023

Paul McNeice, Head of Country for GoCar, said: “At GoCar, we believe in creating a community-led approach to mobility, becoming an integral part of the fabric of localities across the country. Our investment reflects our dedication to increasing the availability of sustainable and flexible transport options to meet the evolving needs of our customers. Over the past three years, we have been evolving beyond our legacy urban hubs in Dublin, Cork, Limerick and Galway and we are committed to making GoCar available in 24 counties across ROI by the end of 2023.”

Offers cars on rent!

Founded by Marc Rafferty and Michael Newham in 2008, GoCar, a membership-based service provides cars for rent. Users can book a car via the online platform or app or by calling. Cars can be unlocked by using the membership card & a PIN number. After rides, cars can be parked at a nearby platform suggested parking area. Fleet contains vans, hatchbacks and electric cars.

Users have to pay €49.99 as a signup fee + membership fee + pay per ride. Ride fare starts from €2.49/hour. The app is available for iOS & Android platforms.

Growth plans ahead

It aims to address the growing demand for electric vehicles in 2024 by collaborating with strategic partners to bolster the expansion of its ‘GoElectric’ range, providing environmentally conscious customers with sustainable transportation choices.

GoCar will also introduce a variety of new vehicle types to its fleet. These new additions include the ‘GoLocal’ – a smaller city vehicle perfect for short urban trips, and the ‘GoExplore Plus’ – a spacious SUV catering to families and longer journeys.

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