Coastr is a UK-based startup that has been making waves in the transportation and mobility industry since its establishment in 2018. Their slogan, "An award-winning all-in-one van and car rental software ushering operators into the future of shared mobility," encapsulates their core mission of revolutionizing vehicle rentals through cutting-edge technology.
The company's flagship product is a state-of-the-art software leveraging IoT and AI to empower car and van rental operators to digitize and expand their operations, optimize fleet management, and drive cost efficiencies. They have positioned themselves as a disruptive force in the enterprise software, mobility, transportation, travel, and automotive sectors.
Coastr's £575.00K Seed Round investment secured on 03 January 2022 underscores investor confidence in its vision. The absence of specific details about the investor(s) behind this funding round leaves room for speculation, but it is evident that the startup has attracted significant financial backing.
With an innovative digital mobility solution designed to enhance fleet efficiency and revenue streams while fostering stronger connections between rental operators and customers, Coastr aims to simplify and personalize the vehicle rental experience. The incorporation of contactless and connected technologies further highlights the company's commitment to security, convenience, and operational excellence.
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