UFODrive co-founders Aidan McClean and Renaud Marquet | Image credit score: UFODriveLuxembourg-based sustainable automotive rental company, UFODrive, introduced on Tuesday that it has raised $19M (approx €16.68M) in its Series A spherical of funding. The funding was co-led by Hertz and Certares, in partnership with Knighthead Capital, and with participation from current buyers.As per the deal, Hertz Senior VP of Strategy, Jayesh Patel, and Venture Lead at Certares, Chantal Noble Haldorsen, will be a part of the UFODrive board.It’s International Women in Science Day: These 13 feminine founders of Amsterdam excel in STEMThese are the ladies in science of the Amsterdam startup ecosystem.These are the ladies in science of the Amsterdam startup ecosystem. Show LessMark Fields, interim CEO of Hertz, says, “Our partnership with UFODrive is one more main step in Hertz changing into a vital part of the trendy mobility ecosystem. Together, we’ll pilot methods to make renting an EV even simpler utilizing UFODrive’s digital platforms for each the rental expertise and fleet administration. For clients, this partnership will assist us create the longer term rental automotive expertise that’s all-digital and EV-centric.”Capital utilisationUFODrive claims that the funds will assist it to accelerate its product development and expand globally, with a give attention to the US market. The company has skilled sustained development all through the pandemic, opening new places in addition to including house supply and subscription to its current rental operation.“Born from a imaginative and prescient to ship what we name ‘Radically Better Car Rental’, this funding is a significant validation of that dream,” says Aidan McClean, CEO of UFODrive. “We are proud that we’re serving to to accelerate the transition to zero-emissions mobility, and our buyers see the chance forward. We pioneered and at the moment are the premier working system for electrical fleets and already service a rising checklist of high-profile mobility corporations.”All-digital, all-electric automotive rental companyFounded in 2018 by Aidan McClean and Renaud Marquet, UFODrive claims to be pioneering the electrical automotive revolution with its personal all-electric automotive rental service powered by its end-to-end e-mobility platform. It is the primary all-digital, all-electric automotive rental service managed from an app.UFODrive says its e-mobility SaaS platform makes transitioning to electrical simple for each clients and fleet suppliers – delivering lean operations, decrease power prices, higher charging, and optimum fleet utilisation utilizing AI instruments. The company’s know-how additionally delivers a two-minute ‘arrive and drive’ fully digital EV buyer expertise.It gives no keys, no paperwork, no queues, no gasoline or emissions, and hassle-free electrical automotive rental providers, offering customers with on-demand automotive rental providers at prime metropolis and airport places throughout Europe. Currently, its providers can be found in 18 places throughout 9 international locations.About HertzThe Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty car rental manufacturers all through North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand. The agency claims to be one of many largest worldwide car rental corporations. It additionally operates the Firefly Car Rental, Ace Rental Cars, and Hertz 24/7 in choose markets in addition to the Flexicar car-sharing enterprise in Australia and New Zealand.After profitable dwell testing in 2021, Hertz goals to deploy UFODrive’s digital rental and fleet administration know-how to improve its world EV fleet operations. Starting with Hertz’s key companions within the US and Europe, it will provide a totally digital rental expertise, cost level wayfinding, touchless smartphone entry, and on-line buyer assist with dwell telematics utilizing UFODrive’s SaaS platform.Recently, Hertz additionally introduced an unique partnership with Uber to make Tesla electrical automobiles out there for drivers to hire when utilizing the Uber community.MEWS’ CEO on his thriving SaaS for motelsHow partnering up with Salesforce helped him succeed!How partnering up with Salesforce helped him succeed! Show Less
https://siliconcanals.com/crowdfunding/ufodrive-raises-16-6m/
EV rental company UFODrive raises €16.6M to accelerate product development and expand globally
