# FlexiiDrive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flexiidrive-b-v

- Industry: Financial Services
- Headquarters: Amsterdam, Netherlands
- Website: www.flexclub.co.za
- Total disclosed funding: $1.2M
- Latest round: Seed (Mar 19, 2019)
- Investors on record: 2

## About

Based in Amsterdam, Netherlands and founded in 2018, FlexiiDrive B.V., trading under the name FlexiClub, operates an online platform that enables investors to invest in ride-hail vehicles. Marlon Gallardo, Rudolf Vavruch, and Tinashe Ruzanewas the founders of the company. In March 2021, FlexiiDrive B.V. raised an additional USD 5 million in venture funding and debt financing from CRE, Endeavor Catalyst, and Kindred Ventures.

FlexiiDrive B.V. offers drivers pay for the weekly rental charge to the investor and enables them to have the option to buy it over time. The company also handles investment, rental income, and disbursements of funds of the parties.

FlexiiDrive B.V. plans to use its recent funding from March 2021 to expand its technology which protects and limits partners’ exposure to risk.

## Funding rounds

- Seed, Mar 19, 2019, $1.2M — Savannah Fund, CRE

## Investors

- Savannah Fund (https://capitalatlas.ai/funds/savannah-fund) — Seed
- CRE (https://capitalatlas.ai/funds/cre) — Seed