Whitecar, a UK-based new rental car brand, has launched an equity crowdfunding campaign on Crowdcube to raise £850,000 as it preps for expansion. The company, which describes itself as UK’s leading new car rental brand, notably offers only white Tesla car in Heathrow, Gatwick, Manchester, and Edinburgh airports.
“Whitecar opened at Heathrow in July 2016 with 5 Tesla Model S cars and set out to prove the business case. With 1,828 customers, two of which have become investors and directors, experience proved that there is an opportunity to create significant value for shareholders by expanding the concept across European airports. Three more airport outlets followed during 2017; Manchester, Edinburgh and Gatwick and the company is ready to scale.”
Funds from the Crowdcube campaign will be used to rollout additional hubs across the UK and Europe. This will include Dublin, Oslo, Frankfurt, Geneva, Madrid, Malaga, and Zurich.
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