We like referring to Mango Strategic Ventures as a full investment project. Mango kicked off back in November 2017 as a car rental company. Mango’s initial focus was embracing disruptive and new technologies. Peer to peer marketplaces such as Turo, HyreCar and Getaround have been a solid stepping stone for Mango’s leadership to grasp and understand the framework around the Car Sharing incipient industry.
With an initial $800K investment and over 3 years in business, Mango has created enough leverage to build new division to support various needs within the industry.
Today, and given the 2020 COVID-19 Pandemic, and the shift in car rental and transportation trends, Mango’s Car Rental division has ceased operations, and with it, the Mango Motors Vehicle sourcing division, allowing for the claims and collision, and the mentoring divisions to grow as we focus our efforts on them.
New investment opportunities are open in a company that will grow and become an important pioneering player in the Car Sharing industry.