Cluno

Transportation ServicesSeries BMunich, Germanycluno.com

Latest round

Series B

Last raised

Jul 2020

Total raised

$51M

Investors

3

About Cluno

Based in Munich, Germany, and founded in 2017, Cluno GmbH is a car subscription service suitable for everyone who wants to be permanently mobile with their own car, but does not want to buy, lease, rent, finance, or share a car. Andreas Schuierer (CTO), Christina Polleti (Chief Strategy Officer), and Nico Polleti (CEO) are the co-founders of the company. In February 2021, the company was acquired by Cazoo, UK’s leading online car retailer, for an undisclosed sum. The company’s online platform allows users to simply book a Cluno car online or fully digitally using the website or the mobile application, at a fixed monthly package price that already includes all costs except for refueling. The services offered also include maintenance and repair, insurance, vehicle warranty, tire package, tax and radio fees, registration, and inspection. The company generates revenue by charging for the rented car on a monthly basis where the rate differs according to the car model. The company plans to accelerate the digital transformation of the car buying experience across Europe.

Who invested in Cluno

3 investors across 3 rounds

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Funding rounds

  1. Series B

    Jul 16, 2020

    Amount

    $14M

    Investors

    Locked

  2. Series B

    Dec 23, 2019

    Amount

    $28M

    Investors

    Locked

  3. Series A

    Apr 12, 2018

    Amount

    $8.6M

    Investors

    Locked

Questions about Cluno

Who invested in Cluno?

Cluno has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cluno raised?

Cluno has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Cluno last raise money?

Cluno's most recent round on record is a Series B, in Jul 2020.

What does Cluno do?

Based in Munich, Germany, and founded in 2017, Cluno GmbH is a car subscription service suitable for everyone who wants to be permanently mobile with their own car, but does not want to buy, lease, rent, finance, or share a car.

Where is Cluno headquartered?

Cluno is headquartered in Munich, Germany.

Which VCs invest in companies like Cluno?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back transportation services companies at Cluno's stage. Their profiles are linked below.

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