Led · Equity · Feb 2023

GetGo Carsharing, which debuted in 2021 and is headquartered in Singapore, operates a fleet of more than 2,100 vehicles across about 1,400 stations. Users can reserve vehicles for periods from one hour up to five days, with pay-by-time-and-distance pricing that covers fuel, upkeep, and insurance and no subscription or deposit fees; rates start at US$2.20. The platform records over 150,000 reservations per month. GetGo’s stated mission is to reduce the need for car ownership in Singapore and by 2030 to serve more than a million households. The company aims to grow to a long-term fleet target of 10,000 cars by 2030 and is prioritizing electrification of its fleet. The recent capital will be used specifically to expand its electric vehicle lineup.

Led · Series B · Nov 2020

GlamCorner operates a rental fashion marketplace that gives Australian shoppers access to upmarket designer dresses, gowns, playsuits, jumpsuits, jackets and accessories through monthly subscription boxes, one-time leases and pop-up stores. The company currently holds about 28,000 pieces in inventory and plans to expand that to more than 60,000 items while adding new product lines and brands. The capital will also fund development of a customer-facing app, upgrades to fulfilment automation and a move into a fulfilment centre five times larger than its current site. GlamCorner intends to step up its laundry and logistics services to support the enlarged inventory and operations. The company sells rental and circular-fashion experiences to consumers amid rising demand for sustainable fashion options. Financially, the business has raised a Series B and its total investment to date is estimated at US$12.6 million. GlamCorner operates an online dress-rental service focused on high-end designer labels, stocking over 3,000 dresses and renting them for 10–20% of retail price. Customers have rented the retail equivalent of more than $20 million worth of designer fashion through the platform. The company says its model supports a sharing-economy shift in Australia’s women’s apparel market and helps prevent up to 10 tonnes of clothing from ending up in landfills every month. GlamCorner intends to use new funding to grow its inventory, improve logistics and fulfilment capabilities, and advance tech and product development. Founded in 2012 and based in Sydney, the startup has raised a total of $5.5 million to date. GlamCorner operates a fashion-rental e‑commerce service that lets customers rent designer dresses for a fraction of retail price. Founders Dean Jones and Audrey Khaing‑Jones bootstrapped the company with $20,000 and built a model of buying inventory wholesale from designers who view GlamCorner as a customer‑acquisition channel. The business describes itself as "e‑commerce meets air traffic control," emphasizing logistics, cleaning, and date‑driven delivery to ensure garments arrive in perfect condition. GlamCorner uses data to guide buying decisions and optimize logistics, and leverages social media and influencers to drive customer acquisition. At the time of the article the startup had about 1,000 dresses from 70 designers and planned to use the new funding to double that stock and improve its technology platform. Financially, the company was turning over more than $1 million a year and expected to grow to $3 million in the following year. Competition in the fashion‑rental market was increasing, with several similar services emerging.