Carvolution Raises CHF 11 Million to Accelerate Growth of Car-Subscription Service
scroll south
Swiss insurer Mobiliar and family office Armada Investment join lead investor Redalpine in the 11.25 million franc round.
Carvolution, which ranked at the TOP 100 Swiss Startup Award for the past two years, offers vehicle registration, taxes, insurance, maintenance, and tyres for a monthly fee.
The TOP 100 Swiss Startup Award recognition "really instilled an air of confidence in the car subscription model, not only with us but also with our investors, potential employees, suppliers and Carvolutioners," said Carvolution co-founder and CMO Léa Maggione.
Related articles
Carvolution raises another CHF 16.2 million to expand growth in car subscription market
read more
Carvolution CMO Léa Miggiano: ‘Enjoying what you do is one of the most important components of success, be it professional or personal’
read more
Car subscription startup Carvolution raises another CHF 15 million
read more
Switzerland's TOP ICT startups 2020
read more