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CHF 50 million for TOP 100 alumn Carvolution

04.09.2020 14:05, Gianmaria Sbetta

Die Mobiliar is providing Carvolution, the Swiss market leader in car subscriptions, with 50 million Swiss francs to expand its fleet of vehicles. This financing will enable Carvolution to further accelerate its current growth course.

Carvolution will receive CHF 50 million to meet the growing demand for car subscriptions. By setting up its own financing solution for the vehicle fleet, the startup company from Bannwil in the canton of Berne can continue to expand its product range and make it more versatile. The upswing in car subscriptions in the wake of the Corona pandemic is continuing and demand is increasing daily.

Together with other institutional and private investors, Die Mobiliar had already participated in a financing round of Carvolution in November 2019, in which the company was provided with a total of over 11 million Swiss francs.

Carvolution ranked amongst the TOP 100 Swiss startups in 2019 and 2018. 




 

Carvolution AG: Car Subscription Model for Switzerland

At Carvolution we re-imagine the rules of having a car. As Switzerland's pioneer in car subscription we offer you a simple, flexible and affordable alternative to buying and leasing a car. Customer... Read more

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