# Cluno

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

- Industry: Transportation Services
- Headquarters: Munich, Germany
- Website: www.cluno.com
- Total disclosed funding: $51M
- Latest round: Series B (Jul 16, 2020)
- Investors on record: 3

## About

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.

## Funding rounds

- Series B, Jul 16, 2020, $14M — Acton Capital, Valar, Atlantic Labs
- Series B, Dec 23, 2019, $28M — Acton Capital, Valar, Atlantic Labs
- Series A, Apr 12, 2018, $8.6M — Acton Capital, Atlantic Labs

## Investors

- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series A, Series B
- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Series A, Series B
- Valar (https://capitalatlas.ai/funds/valar) — Series B