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, the company empowers dealerships, OEMs, and rental providers to enhance their efficiency and profitability through advanced AI-driven technology. Vulog's customizable, white-label solutions are designed to optimize fleet management and elevate customer experiences, positioning the firm as a leader in driving innovation within the evolving mobility landscape.
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
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution, providing crucial financial backing for strategic projects.
Frog Capital
Frog Capital specializes in providing growth capital and operational support to purpose-driven European software scale-ups, focusing on companies with strong leadership and innovative technology.
Inven Capital
Inven Capital is a venture capital fund that invests in innovative startups focused on climate technology across Europe and Israel, supporting visionary founders who prioritize impact.
What's next for Vulog?
The recent major strategic investment suggests Vulog is poised for accelerated scaling and market expansion. This capital infusion will likely fuel further development of its AI capabilities, enhance its platform's features, and broaden its service offerings. The company's focus on enterprise-level solutions indicates a strategic push to capture larger market segments and solidify its position as a key player in the global shared mobility ecosystem. Continued investment in technology and strategic partnerships will be crucial for maintaining its competitive edge.
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