Cluno

Cluno, founded in 2017, offers a revolutionary approach to personal mobility through its digital car subscription model. Capitalizing on the trend towards flexible and digital solutions, Cluno provides an alternative to traditional car ownership. The service is tailored for customers seeking the convenience of a personal vehicle without the long-term commitment and responsibilities that come with ownership.

Operating in the E-Commerce, Real Estate, and Automotive industries, and headquartered in Germany, Cluno integrates all vehicle-related processes into a single, seamless digital platform. Subscribers can manage their vehicle needs exclusively online, for a comprehensive monthly fee that includes all necessary car expenses except for variable costs like fuel and maintenance-related fluids.

In its recent financial milestone, Cluno secured a substantial €140.00M in debt financing on 24 September 2019, demonstrating robust market validation and financial backing for its innovative service offering. The company’s strategic positioning in the evolving automotive landscape makes it a compelling opportunity for investors seeking to enter or expand in the dynamic mobility sector.