With its fully digital car subscription service, Carvolution reshapes car ownership and access, focusing on flexibility and convenience. The round was led by Redalpine and joined by renowned Swiss business angels.
Out of Bannwil, Switzerland, Carvolution is redesigning mobility and thus challenging traditional concepts such as car purchase and leasing. Similar to what other industries have experienced before, the demand for convenience and flexibility also leads the mobility industry away from traditional ownership towards mobility as a service.
Carvolution’s customers simply select their car online, have it delivered to their doorstep and pay a fixed monthly price that includes all costs except refueling. Their digitally-powered one-stop shop streamlines everything from insurance to maintenance: saving customers time and money while enabling efficiencies for all connected parties.
Carvolution is a pioneer in this growing market.
“We are convinced that after the music industry, telecommunications and other sectors, the automotive market is ready for a business model that replaces traditional car purchase or leasing,”
says Peter Niederhauser, founding partner of Redalpine.
Carvolution was founded in 2018. The team around the founders Léa Miggiano, Adrian Boss, Christian Räber, Luis Wittwer and Bernhard Drüner currently counts eleven employees.
We are very excited to empower Carvolution’s mission and are looking forward to working with the team to bring the car flat rate to the mass market.
Featured image credit: Carvolution Facebook Page
