Kyte is a car rental service platform designed with a mission to streamline the rental process. The company uses its software to help make it easier for customers to rent by using a mobile application for booking, delivery, and car return services. Kyte also includes features such as refueling, cleaning, shared mobility, electric charging, and more. Kyte was founded by Francesco Wiedemann, Ludwig Schoenack, and Nikolaus Volk in 2018 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/07/2024 | Series C-2 | $19.53MM | $xx.xx | $94.5MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
32,015,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
10/07/2024 | Series C-1 NV | $3MM | $xx.xx | $94.5MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,918,032
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
10/07/2024 | Series C-1 | $29.92MM | $xx.xx | $94.5MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
49,044,895
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|