Vimcar
Latest round
- Series B
Last raised
- Dec 2018
Total raised
- $19M
Investors
- 5
About Vimcar
Vimcar GmbH, founded in 2014, operates from Berlin, Germany, specializing in fleet management solutions. The company was established by Lukas Weber, who has a background in entrepreneurship. In January 2023, Vimcar and Avrios International AG, both under Battery Ventures, merged to strengthen their fleet management offerings.Vimcar specializes in providing digital vehicle management solutions through its flagship products: the digital mileage log and live GPS tracking system, known as Fleet Geo. The digital mileage log automates trip documentation, ensuring compliance with tax regulations and reducing manual record-keeping effort. This product serves employed individuals, freelancers, and businesses managing fleets, with users potentially saving an average of EUR 2,758 per year. Fleet Geo enhances the mileage log by offering real-time vehicle tracking, allowing businesses to optimize routes and enhance fleet security.80.90 in subsequent years.Vimcar's future growth strategy includes the recent merger with Avrios to develop a new fleet management solution, leveraging the strengths of both companies. This initiative aims to create comprehensive offerings that expand their market reach. The company is also exploring opportunities to penetrate new geographic markets across Europe, which aligns with its objective to broaden its customer base and service applications.
Who invested in Vimcar
5 investors across 2 rounds
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Questions about Vimcar
Who invested in Vimcar?
Vimcar has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Vimcar raised?
Vimcar has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Vimcar last raise money?
Vimcar's most recent round on record is a Series B, in Dec 2018.
What does Vimcar do?
Vimcar GmbH, founded in 2014, operates from Berlin, Germany, specializing in fleet management solutions.
Where is Vimcar headquartered?
Vimcar is headquartered in Berlin, Germany.
Which VCs invest in companies like Vimcar?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Vimcar's stage. Their profiles are linked below.
VCs backing software startups at Series B
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