Founder Details

Coastr
Company name
Coastr
Company website
Industry
Hospitality / Restaurants / Retail
Location
UNITED KINGDOM
Developmental Stage
*********
Approx Revenue for current Year
*********
Type of funding
*********
Pre-money Valuation (USD)
*********
Type of offering
*********
Amount of Capital seeking in current round (USD)
*********
Previous capital raised (USD)
*********
Monthly Burn rate (USD)
*********

Company description

Coastr are making car rentals better for everyone (customers and car rental businesses) by solving the massive market fragmentation, ‘clunky’ customer experience issues and lack of access to quality insurance in the market which is difficult to address without scale. Coastr’s Digital Car Rental Management Platform provides independent car rental bu... Read more

Product/service description

Our offering includes: i) a SaaS platform which is an all-in-one cloud-based software that is powered by Telematics and AI, to efficiently manage entire car rental operations from booking, maintenance, pricing, reporting and a mobile app for check-in/check-out and damage assessment. Coastr is additionally equipping the operators with technological... Read more

Founder Speak

Pitch video

Pitch video

Highlight video

Highlight video

Full Interview

Full Interview

Commentary

  • Problem and solution

    Established in 2018, Coastr are making car rentals better for everyone (customers and car ...

  • Team

    Details provided in pitch deck on management team and advisors

  • Market (TAM)

    The global market is worth £65billion annually with 40% growth expected over the next 5 ye...

  • Competition

    SaaS platform: There are several point solutions in the market which are either supporting...

  • Progress in the Business

    Summary of business and traction: 1. SaaS Platform live and operational since August 2020...

  • Customer Acquisition

    Our customer acquisition approach is broken into 3 elements: 1. Direct sales which is foc...

  • Intellectual Property

    We have 2 on-going R&D projects being funded by Scottish Government and Innovate UK which ...

  • Partnerships/JV/Agreements

    - Strategic partnership in place with CalAmp for telematics and IoT solutions - Partnersh...

  • Financials

    Attached in document list

  • Financing Rounds

    We have raised a total of £400K in pre-seed round which consists of £200K of private equit...

  • Risks

    Key risk is longer sales cycle due to pandemic but need for product is high, hence pipelin...

  • Exit Strategy

    Multiple exit options available: - Early exits for early stage investors in Growth rounds...

Biswajit Kundu Roy
CEO
Website in