Caura
Latest round
- Seed
Last raised
- May 2021
Total raised
- $4.2M
Investors
- 5
About Caura
Founded in 2018 and headquartered in London, UK, Caura Ltd. specializes in automotive management solutions. The company has undergone no significant business pivots or changes in operations since its inception. Caura's founders include Bhavin Kotecha and Shaun Foce. The company has completed a total of 3 deals, with its most recent deal occurring on January 26, 2023.Caura offers a comprehensive mobile application designed to streamline various automotive-related services for vehicle owners. Its core functionality includes managing car insurance, tax renewals, booking MOTs (Ministry of Transport tests) and repairs, and facilitating payments for city charges and tolls. The app also provides features for airport parking reservations and allows users to quickly determine vehicle exemptions from certain charges. Released following extensive research into user needs, Caura aims to simplify vehicle management for both individual consumers and fleet operators.Revenue generation for Caura primarily revolves around direct-to-consumer transactions facilitated through its app. Users engage with the platform to access various services such as car insurance comparisons, which can yield savings of up to 50%, and maintenance bookings at a network of over 6,500 garages throughout the UK. The transaction structure includes potential subscription models for premium services and fee-based bookings for repairs and parking services. Clients benefit from exclusive features, including a complimentary EUR 500 excess protection with each insurance purchase.In January 2023, Caura Ltd. While specific upcoming product releases have not been disclosed, the company is exploring opportunities for geographic expansion beyond the UK, particularly targeting urban centers in Europe. This strategic growth plan aims to capitalize on the increasing demand for streamlined vehicle management solutions.
Who invested in Caura
5 investors across 1 round
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Funding rounds
Seed
May 5, 2021
Amount
$4.2M
Investors
Questions about Caura
Who invested in Caura?
Caura has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Caura raised?
Caura has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Caura last raise money?
Caura's most recent round on record is a Seed, in May 2021.
What does Caura do?
Founded in 2018 and headquartered in London, UK, Caura Ltd.
Where is Caura headquartered?
Caura is headquartered in London, UK.
Which VCs invest in companies like Caura?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Caura's stage. Their profiles are linked below.
VCs backing software startups at Seed
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