A Wicklow based startup, Fleet, is aiming to disrupt the vehicle rental market and it has looked toward a new Irish equity crowd-funding who will raise €275,000. These new funds will be used to begin the expansion of Fleet's team and start to create their software within the company.
The start-up has developed a peer-to-peer software platform that allows motorists to earn extra money by hiring out their private cars when they are not using them.
It currently has about 2,850 monthly users and is seeking to be to car rental what Airbnb is to holiday accommodation.
The company, which recently won approval from Enterprise Ireland for matched funding as part of the State body’s high potential start-up (HPSU) programme was founded by businessman Maurice Sheehy late last year.
It is now going live with a fundraising campaign on the Spark crowdfunding platform to secure investment through the sale of 20 per cent equity in the business.
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