Skurt company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

skurt.com

Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$11.3M

About Skurt

Skurt is a Los Angeles, CA-based rental car delivery startup. The company allows users to request a rental on their phone and can have a car delivered to them within 60 minutes of booking. When they're done, they set up a pick-up time and someone comes to get the car from wherever they are.

Skurt Headquarter Location

3113 S. La Cienega Blvd

Los Angeles, California, 90016,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Skurt

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Skurt is included in 2 Expert Collections, including On-Demand.

O

On-Demand

1,226 items

T

Travel Technology (Travel Tech)

2,161 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Skurt Patents

Skurt has filed 2 patents.

The 3 most popular patent topics include:

  • Calendars
  • Car sharing
  • Franchises
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/28/2016

Operating amusement attractions, Mobile computers, Car sharing, Road transport, Eschatology

Application

Application Date

9/28/2016

Grant Date

Title

Related Topics

Operating amusement attractions, Mobile computers, Car sharing, Road transport, Eschatology

Status

Application

Latest Skurt News

Fair Builds on Momentum with Latest Capital Raise Led by next47 and Strategic Acquisition of Skurt

Feb 6, 2018

Flexible Ownership App Also Gets Investments from BMW, CreditEase, Millennium TVP, 137 Ventures, G Squared, Upfront Ventures SANTA MONICA, Calif., February 5, 2018-- Capping a recent expansion and a series of growth-oriented acquisitions and partnerships, Fair today announced the closing of their latest round of strategic equity funding, led by next47, the Siemens-backed global venture firm. Also making equity investments in the round are BMW, CreditEase FinTech Investment Fund, Millennium Technology Value Partners, 137 Ventures, G Squared, and Upfront Ventures. "These investments are an important part of Fair's continuing and rapid growth, and are further confirmation that the future of car ownership lies in the digital, flexible and affordable model that Fair provides," said Scott Painter, Fair CEO and founder. "We're gratified that Fair's reception from the investment community matches the enthusiastic response of our customers, who want to get a car the same way they make countless other digital purchases—from wherever they are and with no long-term commitment." This current funding follows an investment round last fall in which Fair attracted significant strategic equity investments from institutional and automotive investors, as well as dedicated debt capital from a group of top-tier investment banks. Fair used those investments to fund several moves in recent months, including using a secured loan facility provided by Goldman Sachs Bank USA to purchase the existing lease contracts and vehicles of Uber's Xchange Leasing subsidiary in January. Concurrent with that deal, Fair also entered into an exclusive, long-term partnership with Uber that enables its ride-share drivers to get a Fair car and turn it in any time. "At next47, we're dedicated to help grow companies that will define the next generation of global innovation," said T.J. Rylander, partner at next47. "It's clear that consumption models for personal transportation are changing rapidly and subscription-based pricing models are on the rise across all industries. Fair is at the forefront of marrying these two trends and making car ownership much more attractive for today's consumers while opening up new market opportunities for manufacturers and dealers." In addition to the Uber partnership, Fair has also acquired the vehicle-delivery app, Skurt, as part of its plan to quickly scale a cost-effective platform for vehicle delivery, pick-up and fleet management. Skurt's platform enables the digital initiation and monitoring of customer car deliveries from a central dashboard, as well as real-time notification, fleet location tracking, and instant communication throughout the process. Launching in the iOS App Store last August, Fair recently completed its expansion to all major markets in California, and plans to launch nationwide by the end of the year. Fair allows customers to get a car entirely on their phone and turn it in whenever they want. Users can scan their driver's license to get pre-qualified for a range of personalized monthly payments, sign for the car they want with their finger, and pick up the keys without any physical paperwork. About Fair Fair offers a forward-thinking model of flexible car ownership that responds to consumer demand for more freedom. Fair gives customers the flexibility to drive the car they want for as long as they want, and lets them walk away any time. Eliminating the long-term commitment of traditional financing or leasing, Fair allows you to select your car, miles, and view your payments—all in a mobile and paperless end-to-end experience that's simple, transparent and affordable. Fair is headquartered in Santa Monica, Calif. For more information, please visit www.fair.com. Contact:

  • When was Skurt founded?

    Skurt was founded in 2014.

  • Where is Skurt's headquarters?

    Skurt's headquarters is located at 3113 S. La Cienega Blvd, Los Angeles.

  • What is Skurt's latest funding round?

    Skurt's latest funding round is Acquired.

  • How much did Skurt raise?

    Skurt raised a total of $11.3M.

  • Who are the investors of Skurt?

    Investors of Skurt include Fair, Upfront Ventures, BMW i Ventures, Greycroft, Magic Johnson Enterprises and 8 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.