Tech Company Financing Transactions
Carvolution Funding Round
Redalpine Venture, Armada Venture Group and Die Mobiliar participated in a $16.1 million Series D venture round for Carvolution. The financing round was announced on 10/14/2022.
Transaction Overview
Company Name
Announced On
10/14/2022
Transaction Type
Venture Equity
Amount
$16,110,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to further expand its core business in the car subscription segment. Part of the funds will be used to simplify the buying and selling of used cars for a broad range of customers by shifting it to online.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Neufeldweg 2
Bannwil, 4913
CH
Bannwil, 4913
CH
Phone
Website
Email Address
Overview
The automotive industry is changing and people's needs regarding cars are evolving rapidly. We want to meet these new needs and exceed all motorists' expectations. Thanks to our constant growth, we are gradually revolutionising the classic car sector. As a result, we can offer you an even more flexible solution and provide you with even more affordable cars. In short: we want you to be able to experience exactly the mobility you desire. Today and in the future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Olivier Kofler
Chief Financial Officer
Bernhard Drüner
Chief Technical Officer
Robert Ruza
Co-Founder
Lea Miggiano
Co-Founder
Luis Wittwer
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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