Stressfreecarrental.com raises £534k in seed funding led by DSW Ventures to expand into Europe.
The Manchester-based car rental platform secured £534k from DSW Ventures and angel investor Harry Dixon to fund European expansion and team growth.
Stressfreecarrental.com operates an online comparison and booking platform for car hire and airport transfers. The Manchester-based firm provides services across several international markets.
Stressfreecarrental.com has secured £534k in a seed funding round led by DSW Ventures, with participation from angel investor Harry Dixon. The fresh capital will be deployed to drive international expansion into Europe, accelerate growth, and expand the workforce with thirteen new roles over the coming year.
Founded in 2020, the Manchester-based company operates a price comparison and booking platform tailored for car rentals and airport transfers. Following the investment, the firm has appointed James Jennings as chairman and Tom Knopek as a non-executive director.
Investor perspective
"The online car rental market is ripe for disruption. Stressfreecarrental.com offers a fresh approach and we believe it is well-placed to achieve significant scale. The business has already gained considerable traction, despite restrictions on travel, and this round will support its further development and growth."
Ellie Boardman
Investment Manager, DSW Ventures
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
Categories
About the company
Stressfreecarrental.com
Stressfreecarrental.com operates an online comparison and booking platform for car hire and airport transfers.