Total Funding
5
Total FundingVenture - Series Unknown raised
Growth Score
pts
Heat Score
-48 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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Locomute is offers consumers a more tech-savvy and flexible approach to car rentals and transportation.
Nduduzo Khowa: Co-Founder & CFO- Tumisang Marope: Co-Founder & CEO
About the Company
Locomute offers consumers a more tech-savvy and flexible approach to car rentals and transportation. Locomote allows its members, which it calls Locomuters, to access any of their cars parked throughout South Africa. The locations of available Locomute cars can be found online or through a smartphone app. Members reserve a car online or via the
Locomute App, and to use the car a member swipes a smartcard over a card reader on the windshield. Computers have around-the-clock access to a pool of vehicles located within designated zones, called Locoparks.
