On-demand vehicle leasing startup Honcker has raised $23m in series A funding from IAC that will support hiring and geographic expansion.
Online media and e-commerce group InterActive Corp (IAC) has provided $23m of series A funding for US-based on-demand car leasing service Honcker, Auto Finance News has reported.
Honcker operates an app-based service where customers can lease vehicles from its network of leasing partners without needing to fill in considerable paperwork or submit extensive personal information.
The company relies on a substantial inventory where cars can be compared and prices are clearly listed. It plans to expand that network form 300…
