# ValueCar Technologies SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valuecar-technologies-sl

- Industry: Internet
- Headquarters: Logrono, Spain
- Website: www.valuecar.es
- Total disclosed funding: $1M
- Latest round: Seed (Jun 3, 2021)
- Investors on record: 5

## About

ValueCar Technologies SL provides innovative car leasing solutions for individuals and businesses, focusing on flexible rental services that enhance accessibility to vehicles without upfront costs.ValueCar Technologies SL was founded in Logroño, Spain in 2017, specializing in car leasing services. The company has successfully closed 2 deals, with its most recent deal dated June 3, 2021, where it raised EUR 550,000 in Seed funding led by DraperB1. Eduardo Clavijo serves as both the CEO and founder of the company.ValueCar Technologies SL offers tailored car leasing services designed for individuals, self-employed professionals, and businesses. Their core offering includes a flexible rental solution that allows customers to access a variety of new and semi-new vehicles without any upfront payment, with options available from more than 40 brands and contract terms starting at 24 months. The service encompasses fixed monthly payments, comprehensive insurance, maintenance, and roadside assistance, targeting urban customers in Spain who seek convenient transportation solutions. The company’s online platform facilitates a streamlined rental process, enabling customers to complete transactions from home, thereby modernizing vehicle leasing.In the most recent fiscal year of 2022, ValueCar Technologies SL reported a revenue of EUR 658,870.80, with an EBITDA of EUR -161,520.20. The company generates income through its subscription-based car leasing model, which allows customers to select and rent vehicles with all associated costs included in fixed monthly payments, providing clear pricing without hidden fees.Following the Seed funding round in June 2021, where EUR 550,000 was raised, ValueCar Technologies SL plans to utilize these funds to accelerate its growth and consolidate its market position in Spain. The company is focusing on expanding its service offerings and potentially exploring new geographic markets to enhance its customer base. Specific upcoming products and services are currently under consideration, with a strategic emphasis on continued improvement of their online platform to better serve customers.

## Funding rounds

- Seed, Jun 3, 2021, $0.7M — DraperB1
- Seed, Sep 26, 2018, $0.4M — Ricari, Metxa, Okerada Invest, ESIC Navarra

## Investors

- Ricari (https://capitalatlas.ai/funds/ricari) — Seed
- Metxa (https://capitalatlas.ai/funds/metxa) — Seed
- Okerada Invest — Seed
- ESIC Navarra — Seed
- DraperB1 (https://capitalatlas.ai/funds/draperb1) — Seed