volvero

volvero

Together, we drive the power of sharing, connecting people, sharing resources to revolutionize the concept of mobility.

Founded 2018 Italy

Italy 14 employees Grant Total: $1.00M Blockchain, Mobile +3

Volvero is a 2018-founded startup based in Italy that aims to revolutionize the concept of mobility with its slogan "Together, we drive the power of sharing, connecting people, sharing resources." The company operates in the Blockchain, Mobile, Sustainability, Transportation, and Travel and Tourism industries. Volvero is a vehicle sharing app, often likened to the "Airbnb for cars, motorbikes, campers, and other vehicles," as it connects vehicle owners with those seeking to rent. The platform utilizes blockchain technology to create a simple, reliable, and sustainable service that connects vehicle owners with drivers through smart contracts, while providing full insurance and tailor-made protection for the community's peace and safety. One of the key insights Volvero presents is the underutilization of private vehicles, with an average of 96% of their lifetime spent idle. The company addresses this inefficiency by allowing existing vehicles to be utilized more efficiently, thereby reducing the need for new vehicles and parking spaces. This approach not only benefits the environment but also enables vehicle owners to cover ownership costs by sharing. Volvero has received a grant investment on 02 December 2023. Currently operating in Veneto, Italy, the app is available worldwide on the App Store and Google Play with plans to expand to Northern Italy. While there is no information available about the specific investors involved in the last investment, the company's innovative approach to addressing sustainability and transportation challenges presents a promising opportunity for potential investors to consider.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	€500.00K	-		02 Dec 2023
Seed Round	€250.00K	2	Climate-KIC, EIT Urban Mobility	18 Nov 2022
Seed Round	Undisclosed	1	EIT Urban Mobility	21 Oct 2021
Pre Seed Round	Undisclosed	1	EIT Urban Mobility	07 Oct 2020
Grant	€150.00K	4	Blockchers, Start-Up Chile +2	02 Feb 2020
Pre Seed Round	€100.00K	3	Startup Lighthouse, Impact Hub +1	24 Jul 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

€500.00K

02 Dec 2023

Seed Round

€250.00K

Climate-KIC, EIT Urban Mobility

18 Nov 2022

Seed Round

Undisclosed

EIT Urban Mobility

21 Oct 2021

Pre Seed Round

Undisclosed

EIT Urban Mobility

07 Oct 2020

Grant

€150.00K

Blockchers, Start-Up Chile +2

02 Feb 2020

Pre Seed Round

€100.00K

Startup Lighthouse, Impact Hub +1

24 Jul 2018

FAQ About volvero

Together, we drive the power of sharing, connecting people, sharing resources to revolutionize the concept of mobility.

volvero was founded in 2018.

volvero is headquartered in Italy.

volvero operates in Blockchain, Mobile, Sustainability, Transportation and Travel and Tourism. Its work centres on Vehicle Sharing, Blockchain Technology, Smart Contracts and Insurance Services.

volvero has approximately 14 employees.

volvero has completed 6 funding rounds, raising a total of $1.00M. The latest funding stage is Grant.

Top alternatives and competitors to volvero include YEGO, MotionWerk, scoo mobility, ANYMOVE, BUSUP. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

volvero and YEGO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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