Swipcar
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€1.5m | Seed | ||
* | €30.0m Valuation: €30.0m | Acquisition | |
* | N/A | Acquisition | |
Total Funding | €1.5m |
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EditSwipcar is a company that specializes in providing flexible car leasing solutions for both individuals and businesses. Operating primarily in the automotive leasing market, Swipcar offers a diverse selection of vehicles from various well-known brands such as Seat, Toyota, Volkswagen, and many others. The business model revolves around offering customers the ability to lease cars on a monthly basis, with all-inclusive packages that cover insurance, maintenance, and other related services. This approach allows clients to enjoy the benefits of driving a new car without the long-term commitment and financial burden of ownership. Swipcar generates revenue through monthly leasing fees paid by customers, which vary depending on the car model and lease terms. The company's target clients include private individuals looking for personal vehicles as well as businesses in need of fleet solutions. By providing a hassle-free and cost-effective alternative to traditional car ownership, Swipcar aims to meet the evolving needs of modern consumers and businesses.
Keywords: car leasing, flexible solutions, automotive, monthly fees, insurance included, maintenance, fleet solutions, diverse brands, cost-effective, hassle-free.