FlightCar, a US-based peer-to-peer car sharing service aimed at the airport market, raised $13.5m in series A financing yesterday from investors including corporate venturing units SoftBank Capital and Comcast Ventures.
Telecommunications firm SoftBank and cable and web services provider Comcast invested alongside General Catalyst Partners, First Round Capital, Facebook co-founder Eduardo Saverin and GGV Capital, which led the round.
FlightCar has now raised about $20m in total funding, having secured $5.5m from a previous series A round in April 2013 that featured SoftBank Capital, First Round, General Catalyst, Seacrest Global, Andreessen Horowitz and several angel investors. It also closed a $600,000 seed round earlier in 2013.
FlightCar will use the cash to support its geographical expansion across the US. It plans to launch its fourth location imminently, in an area near to Seattle-Tacoma International Airport in Washington State.