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OneCarNow! Raises $86M Series A to Expand Mobility Access for Gig Workers

· Portfolio Company

OneCarNow! Raises $86M Series A to Expand Mobility Access for Gig Workers

OneCarNow! (OCN), a fintech platform revolutionizing vehicle access for gig economy workers, has raised $86 million in its Series A funding round. The round was led by Caravela Capital, with participation from Collide Capital, Great North Ventures, and i80 Group, which led the debt portion.

OCN’s platform offers flexible, subscription-based vehicle access tailored for gig workers in Mexico and the U.S., addressing the challenges of traditional car ownership and financing. The company plans to use the new funding to:

  • Enhance technology infrastructure to better serve its growing user base.
  • Expand operations to new markets, increasing mobility options for gig workers.
  • Develop additional financial services aimed at promoting financial inclusion.

New Stack Ventures proudly led OCN’s pre-seed round, supporting their mission to empower gig workers through innovative financial solutions.

For more information, visit OCN’s website at www.onecarnow.com.

Read the full announcement on Bloomberg: Mexico Fintech OCN Raises $86 Million in Round Led by Caravela.