CarHopper, a car rental booking platform, has expanded its operations to Los Angeles, Las Vegas, Orlando, and Fort Lauderdale.
The company has raised $1.5 million in seed funding from a syndicate of angel investors.
An initial $500,000 was raised in fourth quarter 2016 when CarHopper operated as booking platform for local and independently-owned rental companies. CarHopper just secured an additional $1 million, which will help it expand its sales and marketing efforts and accelerate product development.
Additionally, CarHopper announced it has honed its focus to a more curated inventory, sourced from boutique luxury car rental companies.
“Latest trends demonstrate that people prefer buying experiences rather than assets,” says Bora Hamamcioglu, founder and CEO of CarHopper. “We are very excited to pioneer the growth of this highly fragmented market and streamline the process of renting luxury cars through our innovative technology.”
Founded in 2016, CarHopper is headquartered in Miami.