H
Hiyacar
Rent affordable cars from trusted local owners in your community by the hour or the day
About Hiyacar
Hiyacar is a peer-to-peer car-sharing platform based in the UK, founded by Graeme Risby and Rob Larmour.
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Graeme Risby, with a background in peer-to-peer marketplaces, and Rob Larmour established the company to offer a more efficient and community-focused model for car usage. Their vision was to address the high costs and inefficiencies of car ownership in urban areas by allowing people to share their vehicles.
The company operates on a peer-to-peer business model, connecting car owners with individuals who need to rent a vehicle. Hiyacar facilitates the entire process through its platform, taking a commission from each transaction. The service is aimed at city residents who require occasional car access and car owners seeking to generate income from their underused vehicles.
A core component of Hiyacar's service is its proprietary "QuickStart" technology. This feature enables keyless entry, allowing renters to unlock the car they have booked directly from their smartphone. This removes the need for a physical key exchange between the owner and the renter, streamlining the rental process.
Recently, Hiyacar was acquired by the 5 Villages Group (5VG), integrating it into a broader portfolio of mobility services.
At a glance
- Founded
- 2014
- Headquarters
- London, United Kingdom
- Sector
- Transportation
Latest news
Press, funding announcements and product moves mentioning Hiyacar.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Republic Europe
Crowdcube
SFC Capital
Series A1 investor entered at this stage
ITOCHU
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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