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Philippine car-sharing platform DOON raises $1.5M

October 1, 2024

Going places? Book a DOON. They’re a Philippine peer-to-peer car-sharing platform that just raised a $1.5M pre-seed.

Investor check. The round is a mix of debt and equity.

  • They raised $500k in equity from investors and family offices from the Philippines, Singapore, and Taiwan.
  • They have a debt facility of up to $1M from Esquire Financing.

🚗 Beep beep

For renters. Need the right car for your road trip? Or just need your own car for a while? Rent a DOON car for a while.

  • Search what car type you need, set the locations, buy your insurance coverage, then either pick up the car or get it delivered.

For hosts. Make extra money when you’re not using your car.

For fleet owners. Rental car companies like yours can also list on DOON to reach more customers!

  • It’ll be easy to track and manage your cars on the platform too.

The best part for hosts, fleet owners, and renters? DOON makes sure each car is covered by insurance, so everyone has peace of mind while renting.

🔜 What’s next?

They’ll level up their web and mobile platforms, build their brand presence, bring on more hires, and widen their reach in key cities and tourist spots.

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