Car Rental Startup Silvercar Raises $5M in New Funding

silvercar-logo-originalAccording to a regulatory filing, Mattermark has learned that car rental startup Silvercar has raised $5M in new funding. The company provides rental cars at major airports in Texas.

UPDATE: Silvercar CEO Luke Schneider tells us:

“The equity capital will be used to commence operations in additional markets and develop our offering for rapid expansion. In just six months since launching at DFW, Silvercar has grown to serve four locations, and we plan to aggressively open at more each quarter.”

The company previously raised a $11.5 million series A, which was announced in October 2012. Investors in that round included Austin Ventures, Crunch Fund, SV Angel, Chris Dixon, and Dave Morin.

We have reached out to the company for comment and will update as we learn more.

© Mattermark 2017. Sources: Mattermark Research, Crunchbase, AngelList.
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