WOGO Secures $5M to Redefine the Non-Possessive Mobility Platform Model
Silicon Valley Startup Challenges Traditional Asset-Heavy Platform Structures with Decentralized, Ethically-Driven Design
Mountain View, CA, 26th July 2025, ZEX PR WIRE, WOGO Inc., a next-generation mobility platform headquartered in the San Francisco Bay Area, announced it has successfully secured $5 million in funding to expand its innovative non-possessive vehicle operations. The company is now valued at $30 million.
Unlike traditional rental companies or gig-driven platforms, WOGO introduces a non-ownership model: the company does not own any vehicles. Instead, it acts as a connector between individual vehicle owners and long-term renters. The platform provides branding, operations, and customer service, while vehicle owners receive a share of the income. With a focus on monthly ren...
