FundedIQ
Transportation

Socar Malaysia: Funding, Investors & Team (Aug 2026)

SOCAR is Malaysia’s car-sharing network. It provide you with the convenience to drive by the hour, day or week within Malaysia.

socar.my LinkedIn Kuala Lumpur, Malaysia 101-250 employees
Car Sharing Ride Sharing
Total raised
$55.2M
Rounds
1
Latest
Series B
Sep 2021

Socar Malaysia has raised $55.2M across 1 funding round on record, the most recent a Series B of $55.2M announced in Sep 2021.

That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.

Socar Malaysia Company Profile and Key Stats

Total funding raised
$55.2M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$55.2M in Sep 2021
Employees
101-250
reported band
Headquarters
Kuala Lumpur, Malaysia

Latest funding round on record: Sep 2021.

Socar Malaysia Funding Rounds

Date
Round
Amount
Series B
$55.2M

Socar Malaysia Founders and Leadership Team

Name
Role
Contact
Leon Sing Foong
CEO
Locked

Contact details for the Socar Malaysia team: 1 of 1 has an email address on file.

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Socar Malaysia Funding Compared to Other Transportation Startups

Segment
Companies
Median round
147
$1.9M
4,289
$30M

Socar Malaysia's latest round of $55.2M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Socar Malaysia in Transportation and Kuala Lumpur

Companies Similar to Socar Malaysia

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Powerus is a company building unified autonomous systems architecture to move, protect, and sustain people…

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Socar Malaysia Funding FAQs

What does Socar Malaysia do?

SOCAR is Malaysia’s car-sharing network. It provide you with the convenience to drive by the hour, day or week within Malaysia.

How much funding has Socar Malaysia raised?

Socar Malaysia has raised $55.2M across 1 round on record. The most recent is a Series B of $55.2M announced in Sep 2021.

When did Socar Malaysia last raise funding?

Socar Malaysia's most recent funding round on record is a Series B of $55.2M, announced in Sep 2021.

Who is the CEO of Socar Malaysia?

Leon Sing Foong is listed as CEO at Socar Malaysia.

Where is Socar Malaysia headquartered?

Socar Malaysia is based in Kuala Lumpur, Malaysia.

How many employees does Socar Malaysia have?

Socar Malaysia is in the 101-250 employee band.

How does Socar Malaysia's funding compare to other Transportation startups?

Socar Malaysia's latest round of $55.2M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.

About FundedIQ's Socar Malaysia Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Socar Malaysia is left off this page rather than filled in.

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