# Casi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/casi

- Industry: Transportation Services
- Headquarters: Bergen, Norway
- Website: http://www.imove.no
- Total disclosed funding: $16M
- Latest round: Series A (Jun 30, 2021)
- Investors on record: 4

## About

Casi is a Norwegian company specializing in flexible car subscription services, offering a comprehensive solution for vehicle access that eliminates the burdens of traditional car ownership.Founded in 2018 in Bergen, Norway, Casi operates in the automotive sector, providing innovative subscription-based vehicle access. The company has successfully completed 4 deals, with the most recent occurring on March 30, 2023, when they raised NOK 35 million from a range of investors including DNB and AutoScout24 GmbH. Casi was spearheaded by founder Gunnar Birkenfeldt, with Hans Kristian currently serving as CEO.Casi specializes in flexible car subscription services, allowing customers to rent vehicles without the responsibilities of ownership. Their subscription plans cover all necessary expenses such as insurance and maintenance, appealing to urban residents and mobile professionals seeking convenience. The Ioniq 5 is one of their flagship vehicles, designed to meet the needs of environmentally conscious consumers.In the most recent fiscal year of 2023, Casi generated revenue of NOK 3,366,435.30, while experiencing an EBITDA of NOK -458,577.60, reflecting the company's focus on growth and market expansion.Casi's strategy for future growth includes expanding its product offerings and geographic reach within Europe. Following the recent funding round in March 2023, where they raised NOK 35 million, the company plans to invest in the development of new subscription services tailored to emerging market demands. The recent funding will support initiatives aimed at increasing their market presence and enhancing customer experience.

## Funding rounds

- Series A, Jun 30, 2021, $16M — Norselab Group, Idekapital, AutoScout24 GmbH, Nysnø Climate Investments

## Investors

- Norselab Group (https://capitalatlas.ai/funds/norselab-group) — Series A
- Idekapital (https://capitalatlas.ai/funds/idekapital) — Series A
- AutoScout24 GmbH — Series A
- Nysnø Climate Investments — Series A