Kyte valuation, funding and investors
Kyte works in vehicle rental services, based in San Francisco, United States. Founded in 2019, it has about 103 employees.
- Last round
- Series B · $60.0M · Nov 2022
- Valuation at last round
- $360M · implied
- Headcount
- 102 · down
- Grade
- D
- Founded
- 2019
Kyte valuation today
VCMC values Kyte at $101M today, with a range of $37.4M to $613M and a grade of D. The valuation starts from its last funding round, a Series B round in Nov 2022.
Valuation by date (98 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2019 | $13.2M | $4.81M – $36.3M | $16.3M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $13.6M | $4.94M – $37.3M | $16.5M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $13.9M | $5.06M – $38.2M | $16.6M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $14.3M | $5.20M – $39.2M | $16.8M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $14.6M | $5.33M – $40.2M | $16.9M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $15.0M | $5.48M – $41.3M | $17.1M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $15.4M | $5.62M – $42.4M | $17.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $15.6M | $5.68M – $42.8M | $17.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $15.7M | $5.73M – $43.2M | $17.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $15.9M | $5.78M – $43.6M | $17.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $16.0M | $5.83M – $44.0M | $17.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $16.2M | $5.89M – $44.4M | $18.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $16.3M | $5.94M – $44.8M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $16.5M | $5.99M – $45.2M | $18.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $16.6M | $6.05M – $45.6M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $16.8M | $6.10M – $46.0M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $16.9M | $6.16M – $46.4M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $17.1M | $6.21M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $17.2M | $6.27M – $47.3M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $17.4M | $6.33M – $47.7M | $19.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $17.5M | $6.38M – $48.2M | $19.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $17.7M | $6.44M – $48.6M | $19.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $17.9M | $6.50M – $49.0M | $19.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $18.0M | $6.56M – $49.5M | $20.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $19.8M | $7.20M – $54.3M | $22.0M (+11%) | before first round | 27 | unknown | D | 0% |
| 6 Jan 2021 | $50.1M | $32.9M – $152M | $100M (+100%) | after a round | 27 | unknown | C | 0% |
| 1 Feb 2021 | $52.6M | $32.9M – $152M | $100M (+90%) | after a round | 27 | unknown | C | 0% |
| 1 Mar 2021 | $55.5M | $32.9M – $152M | $100M (+80%) | after a round | 27 | unknown | C | 0% |
| 1 Apr 2021 | $58.9M | $32.9M – $152M | $100M (+70%) | after a round | 27 | flat | C | 0% |
| 1 May 2021 | $62.3M | $32.9M – $152M | $100M (+60%) | after a round | 27 | flat | C | 0% |
| 1 Jun 2021 | $66.1M | $32.9M – $152M | $100M (+51%) | after a round | 27 | flat | C | 0% |
| 1 Jul 2021 | $70.0M | $32.9M – $152M | $100M (+43%) | after a round | 27 | flat | C | 0% |
| 1 Aug 2021 | $74.2M | $32.9M – $152M | $100M (+35%) | after a round | 27 | flat | C | 0% |
| 1 Sep 2021 | $78.7M | $32.9M – $152M | $100M (+27%) | after a round | 27 | flat | C | 0% |
| 1 Oct 2021 | $83.3M | $32.9M – $152M | $100M (+20%) | after a round | 27 | flat | C | 0% |
| 7 Oct 2021 | $138M | $97.0M – $352M | $248M (+80%) | after a round | 27 | flat | C | 0% |
| 1 Nov 2021 | $143M | $97.0M – $352M | $248M (+73%) | after a round | 27 | flat | C | 0% |
| 1 Dec 2021 | $151M | $97.0M – $352M | $248M (+64%) | after a round | 27 | flat | C | 0% |
| 1 Jan 2022 | $158M | $97.0M – $352M | $248M (+56%) | after a round | 27 | flat | C | 0% |
| 1 Feb 2022 | $166M | $97.0M – $352M | $248M (+49%) | after a round | 27 | flat | C | 0% |
| 1 Mar 2022 | $174M | $97.0M – $352M | $248M (+42%) | after a round | 27 | flat | C | 0% |
| 1 Apr 2022 | $183M | $97.0M – $352M | $248M (+35%) | after a round | 27 | flat | C | 0% |
| 1 May 2022 | $192M | $97.0M – $352M | $248M (+29%) | after a round | 27 | flat | C | 0% |
| 1 Jun 2022 | $202M | $97.0M – $352M | $248M (+23%) | after a round | 27 | flat | C | 0% |
| 1 Jul 2022 | $212M | $97.0M – $352M | $248M (+17%) | after a round | 27 | flat | C | 0% |
| 1 Aug 2022 | $223M | $97.0M – $352M | $248M (+11%) | after a round | 27 | flat | C | 0% |
| 1 Sep 2022 | $234M | $97.0M – $352M | $248M (+6%) | after a round | 27 | flat | C | 0% |
| 1 Oct 2022 | $246M | $97.0M – $352M | $248M (+1%) | after a round | 27 | flat | C | 0% |
| 1 Nov 2022 | $248M | $93.0M – $352M | $248M (0%) | after a round | 27 | unknown | C | 0% |
| 11 Nov 2022 | $361M | $254M – $767M | $540M (+50%) | after a round | 27 | unknown | B | 0% |
| 1 Dec 2022 | $369M | $254M – $767M | $540M (+47%) | after a round | 27 | unknown | B | 0% |
| 1 Jan 2023 | $382M | $254M – $767M | $540M (+42%) | after a round | 150 | growing | B | 0% |
| 1 Feb 2023 | $395M | $254M – $767M | $540M (+37%) | after a round | 150 | growing | B | 0% |
| 1 Mar 2023 | $407M | $254M – $767M | $540M (+33%) | after a round | 150 | growing | B | 0% |
| 1 Apr 2023 | $422M | $254M – $767M | $540M (+28%) | after a round | 150 | growing | B | 0% |
| 1 May 2023 | $436M | $254M – $767M | $540M (+24%) | after a round | 150 | growing | B | 0% |
| 1 Jun 2023 | $451M | $254M – $767M | $540M (+20%) | after a round | 150 | growing | B | 0% |
| 1 Jul 2023 | $466M | $254M – $767M | $540M (+16%) | after a round | 150 | growing | B | 0% |
| 1 Aug 2023 | $483M | $254M – $767M | $540M (+12%) | after a round | 150 | growing | B | 0% |
| 1 Sep 2023 | $500M | $254M – $767M | $540M (+8%) | after a round | 150 | unknown | B | 0% |
| 1 Oct 2023 | $541M | $267M – $807M | $569M (+5%) | after a round | 190 | up | B | 0% |
| 1 Nov 2023 | $562M | $267M – $807M | $569M (+1%) | after a round | 190 | up | B | 0% |
| 1 Dec 2023 | $569M | $266M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Jan 2024 | $569M | $265M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Feb 2024 | $569M | $263M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Mar 2024 | $569M | $262M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Apr 2024 | $569M | $260M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 May 2024 | $569M | $259M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Jun 2024 | $569M | $257M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Jul 2024 | $569M | $256M – $807M | $569M (0%) | after a round | 190 | up | B | 0% |
| 1 Aug 2024 | $512M | $179M – $765M | $485M (-5%) | after a round | 180 | flat | C | 16% |
| 1 Sep 2024 | $511M | $171M – $767M | $483M (-5%) | after a round | 180 | flat | C | 16% |
| 1 Oct 2024 | $509M | $164M – $769M | $481M (-6%) | after a round | 180 | flat | C | 16% |
| 1 Nov 2024 | $508M | $157M – $771M | $479M (-6%) | after a round | 180 | flat | C | 16% |
| 1 Dec 2024 | $500M | $140M – $773M | $460M (-8%) | after a round | 180 | flat | C | 16% |
| 1 Jan 2025 | $311M | $130M – $680M | $212M (-32%) | after a round | 160 | down | C | 77% |
| 1 Feb 2025 | $305M | $123M – $689M | $206M (-33%) | after a round | 160 | down | C | 77% |
| 1 Mar 2025 | $300M | $118M – $698M | $200M (-33%) | after a round | 160 | down | C | 77% |
| 1 Apr 2025 | $294M | $112M – $707M | $194M (-34%) | after a round | 160 | down | C | 77% |
| 1 May 2025 | $279M | $106M – $713M | $178M (-36%) | after a round | 160 | down | C | 81% |
| 1 Jun 2025 | $274M | $101M – $723M | $173M (-37%) | after a round | 160 | down | C | 81% |
| 1 Jul 2025 | $173M | $92.9M – $461M | $95.1M (-45%) | after a round | 136 | shrinking | C | 97% |
| 1 Aug 2025 | $167M | $88.3M – $459M | $91.0M (-45%) | after a round | 136 | shrinking | C | 97% |
| 1 Sep 2025 | $161M | $83.9M – $457M | $87.1M (-46%) | after a round | 136 | shrinking | C | 97% |
| 1 Oct 2025 | $148M | $76.5M – $436M | $80.0M (-46%) | after a round | 112 | shrinking | C | 97% |
| 1 Nov 2025 | $143M | $72.7M – $434M | $76.5M (-46%) | after a round | 112 | shrinking | C | 97% |
| 1 Dec 2025 | $121M | $68.1M – $292M | $67.2M (-45%) | after a round | 104 | shrinking | C | 97% |
| 1 Jan 2026 | $116M | $64.7M – $284M | $64.2M (-45%) | after a round | 104 | shrinking | C | 97% |
| 1 Feb 2026 | $111M | $61.5M – $276M | $61.3M (-45%) | after a round | 104 | shrinking | C | 97% |
| 1 Mar 2026 | $106M | $58.6M – $269M | $58.7M (-45%) | after a round | 103 | shrinking | C | 97% |
| 1 Apr 2026 | $102M | $55.7M – $261M | $56.1M (-45%) | after a round | 103 | shrinking | C | 97% |
| 1 May 2026 | $97.4M | $52.9M – $254M | $53.5M (-45%) | after a round | 102 | shrinking | C | 97% |
| 1 Jun 2026 | $93.2M | $50.3M – $247M | $51.1M (-45%) | after a round | 102 | shrinking | C | 97% |
| 1 Jul 2026 | $89.3M | $47.9M – $240M | $48.9M (-45%) | after a round | 102 | shrinking | C | 97% |
| 1 Aug 2026 | $118M | $45.5M – $619M | $66.7M (-43%) | after a round | 102 | down | D | 97% |
| 1 Sep 2026 | $113M | $43.2M – $617M | $64.2M (-43%) | after a round | 102 | down | D | 97% |
| 1 Oct 2026 | $110M | $41.2M – $615M | $63.3M (-42%) | after a round | 102 | down | D | 97% |
| 24 Oct 2026 | $101M | $37.4M – $613M | $62.9M (-37%) | after a round | 102 | down | D | 97% |
Key facts about Kyte
- Founded
- 2019
- Headquarters
- San Francisco, United States
- Employees
- about 103 -36% in a year
- Total raised
- $549M
- Funding rounds
- 5
- Last round
- Debt Mar 2024
Kyte was founded in 2019 by Francesco Wiedemann, Ludwig Schoenack and Nikolaus Volk.
Kyte funding history
Kyte has 5 funding rounds on record, from Jan 2021 to Mar 2024, $549M in total. None disclosed a valuation.
Debt 1 Mar 2024no round page
Led by Barclays Bank; with Waterfall Asset Management.
Sources: prnewswire.com, pulse2.com
$250M
Series B 10 Nov 2022
Led by InterAlpen Partners; with Valor, Anthemis, Citi Ventures, Hearst Ventures, DN Capital, 1984 Ventures, FJ Labs, Urban Innovation Fund.
Sources: finsmes.com, prnewswire.com, axios.com and 3 more
$60M
Debt 24 Mar 2022no round page
With Goldman Sachs, Ares Management.
Sources: dailydropout.fyi, techcrunch.com, coverager.com and 3 more
$200M
Series A 6 Oct 2021
Led by Park West Asset Management, Sterling Road; with DN Capital, Amplo, 1984 Ventures, FundersClub, Moving Capital, Rosecliff Ventures, Seraph Group, Unpopular Ventures, Urban Innovation Fund, FlixBus founders.
Sources: dailydropout.fyi, prnewswire.com, autorentalnews.com and 4 more
$30M
Seed 5 Jan 2021
Led by DN Capital; with Amplo. Individuals: Ed Baker, Jörg Heilig, Josh Mohrer, William Barnes, Toby Sun, Terry Jones.
Sources: techcrunch.com, dailydropout.fyi, phocuswire.com and 2 more
$9.0M
Kyte investors
23 investors have backed Kyte; DN Capital, Barclays Bank and InterAlpen Partners and 2 more led at least one round.
- Barclays Bank lead
- InterAlpen Partners lead
- Park West Asset Management lead
- Ares Management
- Citi Ventures
- FJ Labs
- FlixBus founders
- Goldman Sachs
- Hearst Ventures
- Moving Capital
- Valor
What Kyte does
Kyte works in car rental, with 13 recorded offerings and customers in transportation.
Kyte Systems Inc., DBA Kyte, is an American technology company that operates a car rental service, providing vehicles to individuals and businesses through a subscription-based model. The company utilizes a technology platform and communications platform to facilitate vehicle booking, payment, and management, and manages a network of driver partners. Kyte also engages in the development of new mobility solutions, including electric vehicles, autonomous cars, clean energy, shared mobility, logistics, and environmental services.
Description from Veridion's company data.
Products and services
- Vehicle Rental Services
- Door-to-Door Vehicle Delivery
- Flexible Duration Vehicle Rental
- Technology Platform Services
- Mobile App Booking Services
- Subscription-Based Vehicle Rental Services
- Driver Network Services
- Shared Mobility Solutions
- Electric Vehicle Rental Services
- Autonomous Vehicle Rental Services
- Clean Energy Vehicle Rental Services
- Logistics Optimization Services
- Environmental Transportation Solutions
Markets
- Transportation
Business model
- Business-to-Consumer
- Service Provider
- Logistics/Transportation
- Subscription-Based
Industry codes (NAICS)
- 532111 Passenger Car Rental 100% match
Questions about Kyte
What is Kyte worth?
Valuation $101M (range $37.4M to $613M), as of 24 Oct 2026.
Has Kyte raised money?
Kyte has 5 funding rounds on record, from Jan 2021 to Mar 2024, $549M in total. None disclosed a valuation.
Who has invested in Kyte?
DN Capital, Barclays Bank, InterAlpen Partners, Park West Asset Management, Sterling Road and 1984 Ventures, and 17 more. Lead investors include DN Capital, Barclays Bank, InterAlpen Partners and Park West Asset Management.
How many people work at Kyte?
About 103, down 36% over the last year. Headcount rose from 27 in Jan 2021 to 190 in Oct 2023, then fell to 102 in May 2026.
What does Kyte do?
Kyte works in car rental, with 13 recorded offerings and customers in transportation. Its main offerings are vehicle rental services, door-to-door vehicle delivery and flexible duration vehicle rental.
When was Kyte founded, and where is it based?
Kyte was founded in 2019 and is based in San Francisco, United States. It has about 103 employees, down 36% over the last year.