Finalrentals, a Cardiff, UK-based provider of a car rental technology platform, raised six figure in Pre-Series A funding.
The round, which brought the total amount to over seven figures, included participation from E100 London Business School Angel Syndicate, and angel investors.
The company intends to use the funds to enhance its AI-driven automation, accelerate product development, and expand its international footprint, targeting key markets in Europe, the Middle East, and North America.
Led by CEO Ammar Akhtar, Finalrentals improves car rental industry through its proprietary technology connecting customers with local car rental businesses worldwide, offering a platform to search for and hire vehicles. Since its last funding round, the company has tripled its revenue, and expanded into over 30 international markets. Finalrentals has also grown its global partner network to include more than 500 car rental providers.
FinSMEs
17/02/2025