When was GoFar founded?

GoFar was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is GoFar located?

GoFar is headquartered in Sydney, Australia.

Which legal entities is GoFar associated with?

GoFar is associated with GOFAR PTY LTD.

How many employees does GoFar have?

As of Jul 31, 2026, the latest employee count at GoFar is 14.

Is GoFar a funded company?

GoFar is a funded company, having raised a total of $1.08M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 2015.

When was the latest funding round of GoFar?

GoFar's latest funding was a $***** Seed round on Feb 18, 2019, with participation from 2 investors.

Where does GoFar rank among its competitors?

GoFar ranks 3rd amongst 181 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was PACE Telematics, which secured $59K in Aug, 2021.

Who are the top competitors of GoFar?

GoFar's top competitors include PACE Telematics, Automatic and EZ LYNK. Among them, PACE Telematics secured the most recent funding round in August, 2021.

GoFar - 2026 Company Profile, Team, Funding & Competitors

GoFar is a seed company based in Sydney (Australia), founded in 2014 by Danny Adams and Ian Davidson. It operates as an OBD and app-based device for vehicle monitoring. GoFar has raised $1.08M in funding from Kickstarter and Right Click Capital. The company has 181 active competitors, including 14 funded and 10 that have exited. Its top competitors include companies like PACE Telematics, Automatic and EZ LYNK.

Company Details

OBD and app-based device for vehicle monitoring. Also provides a patented eco-display system that can be attached to the car. The GoFar device measures and monitors all vital stats of the car such as Fuel Purchased, fuel consumed, the cost of energy generation by the engine, and more. and send this data to the registered nearby smartphone via BLE. GoFar also provides a smartphone app for recording and visualizing all vital car stats. Winner of the regional Seedstars World regional event in Sydney.

Key Metrics

Founded Year

2014

Location

Sydney, Australia

Stage

Seed

Total Funding

$1.08M in 2 rounds

Latest Funding Round

Seed, Feb 18, 2019, $*****

Investors

Kickstarter & 6 more

Ranked

3^rd among 181 active competitors

Employee Count

14 as on Jul 31, 2026

Investment & Acquisitions

AAVANTIBio

Similar Companies

PACE Telematics & 265 more

View GoFar's full profile

GoFar is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GOFAR PTY LTD CIN: 610842656 , Australia, Active	Feb 17, 2016	-	-

GoFar has raised a total funding of $1.08M over 2 rounds. Its first funding round was on Jun 2015. Its latest funding round was a Seed round on Feb 18, 2019 for $*****. 2 investors participated in its latest round. GoFar has 7 institutional investors.

Here is the list of recent funding rounds of GoFar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 18, 2019	9668040	Seed	8772660	9121257	5087072	3977085
Jun 2015	8970633	Seed	8859251	3352810	Kickstarter	9083729

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View details of GoFar's funding rounds and investors

The founders of GoFar are Danny Adams and Ian Davidson.

Here are the details of GoFar's key team members:

Danny Adams: Co-Founder of GoFar.
Ian Davidson: Co-Founder of GoFar.

View details of GoFar's Founder profiles and Board Members

GoFar's employee count trend

GoFar has 14 employees as of Jul 26. Here is GoFar's employee count trend over the years:

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Top competitors of GoFar include PACE Telematics, Automatic and EZ LYNK. Here is the list of Top 10 competitors of GoFar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PACE Telematics 2015, Karlsruhe (Germany), Acquired	OBD based smartphone app for vehicle data	-	Novofleet, EIC Fund & 8 others	60/100
2nd	Automatic 2011, San Francisco (United States), Acquired	Web solutions empowering creators and businesses with open-source tools	$24M	USAA, Western Technology Investment & 22 others	54/100
3rd	GoFar 2014, Sydney (Australia), Seed	OBD and app-based device for vehicle monitoring	$1.08M	Right Click Capital, Founder Institute & 5 others	53/100
4th	EZ LYNK 2014, George Town (Cayman Islands), Unfunded	OBD-based device for vehicle diagnostics	-	-	53/100
5th	Carista 2013, Sofia (Bulgaria), Acquired	Provider of OBD2 scan tool for automotive workshops	-	LAUNCHUB	50/100
6th	Carly 2014, Munich (Germany), Funding Raised	OBDII based device and apps for diagnostics	-	German Accelerator	49/100
7th	OBDeleven 2013, Jonava (Lithuania), Unfunded	OBD-based Bluetooth device for car system diagnostics	-	-	48/100
8th	CaRPM 2015, Gurugram (India), Seed	Provider of a car performance monitoring system using OBD-II technology	$100K	GHV Accelerator & 1 others	45/100
9th	E-Trailer 2015, Delft (Netherlands), Seed	Electric caravans	-	YES!Delft, KIKK Capital & 1 others	45/100
10th	BlueDriver 2006, Mount Pearl (Canada), Acquired	App-based platform offering vehicle-diagnostic solutions	-	-	45/100