What is Vulog?
Vulog specializes in offering a comprehensive platform for shared mobility solutions, encompassing digital rental, carsharing, and corporate mobility services. With nearly two decades of operational experience, Vulog empowers dealerships, OEMs, and rental providers to enhance their operational efficiency and profitability through advanced, AI-driven technology. Their customizable, white-label solutions are designed to optimize fleet management and elevate customer experiences, positioning Vulog as a key partner for businesses aiming to innovate within the mobility sector. The company's focus on security and scalability further solidifies its role as a trusted provider.
How much funding has Vulog raised?
Vulog has raised a total of $63.1M across 4 funding rounds:
Unspecified
$1.6M
Series A
$9.5M
Series B
$21M
Private Equity
$31M
Unspecified (2013): $1.6M with participation from BA06 - FCPR
Series A (2015): $9.5M led by Environmental Technologies Fund and Bpifrance
Series B (2017): $21M supported by Frog Capital, Inven Capital, and Bpifrance
Private Equity (2021): $31M featuring European Investment Bank
Key Investors in Vulog
European Investment Bank
The European Investment Bank (EIB), established in 1958, is the European Union's nonprofit long-term lending and finance institution, providing crucial financial backing for projects that align with EU policy objectives.
Frog Capital
Frog Capital is a venture capital firm focused on providing growth capital and operational support to European software scale-ups, utilizing a structured methodology to foster rapid expansion.
Inven Capital
Inven Capital is a venture capital fund dedicated to investing in innovative European and Israeli startups within the climate technology sector, aiming to support founders prioritizing environmental impact.
What's next for Vulog?
The recent major strategic investment signifies Vulog's robust position and future potential in the shared mobility market. This capital infusion is anticipated to accelerate the development of new technologies, expand service offerings, and broaden the company's global reach. Vulog is poised to further solidify its leadership by enhancing its AI capabilities and platform customization, enabling clients to navigate the complexities of modern mobility with greater efficiency and customer satisfaction. The company's strategic direction likely involves deepening partnerships and exploring new market segments to maintain its competitive edge.
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