Car Next Door is a peer-to-peer car rental system. This was started by Will Davies & Dave Trumbull in 2012. Car Next Door’s net worth was $7.5 million in 2016 based on the Shark Tank deal.
In 2012, they appeared on Season 02 of Shark Tank Australia and made a deal with Steve Baxter, $300,000 for 4% of equity.
Car Next Door had notable growth in its sales after its appearance on the show. In 2022, Car Next Door was acquired by Uber. As of January 2024, Car Next Door is active in business as Uber share. You can get their services through the company website.
Car Next Door Net Worth
| Net worth | $7.5 million (2016) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | Steve Baxter |
| Founder | Will Davies & Dave Trumbull |
| Employees | 50-200 |
Car Next Door Net Worth Timeline
| Net Worth 2024 | Not available |
| Net Worth 2023 | Not available |
| Net Worth 2022 | Not available |
| Net Worth 2021 | Not available |
| Net worth valuation in 2016 after appearing on Shark Tank | $7.5 million |
| Net worth valuation in 2016 before appearing on Shark Tank | $7.5 million |
Car Next Door Pitch on Shark Tank
| Product | A peer-to-peer car rental system |
| Episode | Season 02 Episode 02 |
| Founders | Will Davies & Dave Trumbull |
| Asked for | $300,000 for 4% of equity |
| Company name | Car Next Door |
| Final deal | $300,000 for 4% of equity |
| Shark | Steve Baxter |
| Location | New South Wales |
Don’t miss these products from Season 02
Car Next Door Founders
Will Davies & Dave Trumbull founded Car Next Door in 2012. Will holds a bachelor’s degree in Commerce from the University of Sydney. Will has years of experience working in the finance industry. Dave completed his bachelor’s degree in computing at the University of Sydney. He also holds a master’s degree in Business and Technology from the University of New South Wales. Dave has prior experience working as a Software Engineer. Car Next Door’s founders Will Davies & Dave Trumbull’s net worths are unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | Car Next Door was featured on Shark Tank and scared a deal. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Car Next Door and its continued success.
