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Venture Capital News: Silvercar Strikes $5M Capital Raise

AUSTIN, TX, New style car rental company with service in major Texas cities raised $5M.
According to SEC filings, Silvercar, a new style car rental company with service in major Texas cities, raised $5M. According to published reports, the company previously raised $11.5 million from Austin Ventures, SV Angel, Chris Dixon, Dave Morin, and CrunchFund

From reservation to return, Silvercar has re-imagined car rental. What does that mean? It means that we have worked hard to eliminate many of the hassles that have plagued this industry for years. But we haven't just improved the car rental process; we have truly re-imagined what it could (and should) be. We like to think of it as bringing the 'wow' back to car rental.
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