Des Hang

Carbar buys HelloCars Subscription to flesh out offerings

Carbar has bought the HelloCars Subscription brand from software firm Loopit, keeping it as a budget option beside its existing brands, while Loopit focuses on its subscription software business.

Carbar founder Des Hang on why consolidation is a sign that your startup’s market is maturing

Carbar’s chief executive argues the spate of mergers in car subscription — his company buying Carly, Karmo taking over Motopool — shows the sector settling into maturity rather than decline.

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Seven West Media joins IAG in $28.9 million raise for vehicle subscription startup Carbar

Melbourne car subscription startup Carbar has raised $28.9 million led by insurer IAG and Seven West Media, following a 2019 raise, to fund marketing, partnerships, technology and growth of its electric vehicle fleet.

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