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Towncar enables people to share and rent privately owned vehicles within their communities.
Towncar lets users register cars parked at apartments and rent them to neighbors through a vehicle-sharing platform. The service aims to address parking and public transportation needs and gives users access to different cars. Founded in 2019, the company is based in Seoul, South Korea, and raised KRW 1.1 billion in pre-Series A funding in May 2021 from BASS Investment, Fast Ventures, FuturePlay and Mark & Company.
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