Carvolution | Das Auto-Abo is revolutionizing the automotive industry with its subscription model, presenting an attractive alternative to traditional car purchasing and leasing. Established in 2018 and headquartered in Switzerland, Carvolution operates in the E-Commerce, Autonomous and Sensor Tech, and Automotive industries.
The companyβs all-inclusive subscription model offers clients flexibility with a single monthly payment covering insurance, registration, taxes, servicing, and even tire changes and storage. Catering to diverse preferences, Carvolutionβs fleet includes everything from compact cars to SUVs, with petrol, electric, and hybrid options available.
Demonstrating resilience and market traction, Carvolution secured a Fr.200.00M debt financing round on January 23, 2024, led by Waterfall Asset Management and Barclays Investment Bank. This investment fortifies its expansion efforts and bolsters its innovative approach to modern mobility.