SOCAR is a car-sharing platform that allows you to book a car that suits your needs by the hour, day or week all through using our mobile application.
SOCAR provides you with the convenience to drive by the hour, day or week within Malaysia.
SOCAR was founded in 2017 by Leon Foong. The company is headquartered in Kuala Lumpur, Kuala Lumpur, Malaysia.
SOCAR has a simple mission of making Malaysian drivers happier , one shared car at a time.
SOCAR's door-to-door car delivery service, Socar2U, enables users to reserve their preferred car and have it delivered to their desired pick-up point. The car will then be retrieved from the selected return location.
SOCAR claims to have over 2,000 cars in 27 different models in over 1,000 locations in the Klang Valley, Johor Bahru, Penang, and most recently, Ipoh.
SOCAR is backed by Eugene Private Equity, KH Energy and others. The company raised $18M in a Series A round on Feb 20, 2020. This brings SOCAR's total funding to $40M to date. The latest round also gives the company a $118M post-money valuation.