Amovens Solutions SL
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Amovens Solutions SL - overview
Established
2009
Location
Madrid, -, Spain
Primary Industry
Internet
About
Amovens Solutions SL provides peer-to-peer car rental services, facilitating efficient vehicle usage and enhancing urban mobility through their advanced rental platform. Founded in 2009 in Madrid, Spain, Amovens Solutions SL specializes in car rental solutions. The firm has executed a total of 3 deals, with its most recent funding round occurring on 9 April 2021, where it raised EUR 7. 3 million led by Bâloise Group.
The company is led by CEO Alberto Bajjali, while Diego Demeusois is the founder. Amovens specializes in peer-to-peer car rental services and vehicle renting solutions, promoting efficient car usage and reducing urban congestion. Their core offerings include a platform for renting personal vehicles and an available fleet of cars for hourly or daily rentals. Users can reserve vehicles via the Amovens app, which features a contactless rental option, Amovens Sin Llaves, allowing mobile access to vehicles.
The target audience includes infrequent car owners and those needing temporary vehicle access, primarily operating in major cities across Spain such as Madrid and Málaga. In the most recent year of 2021, Amovens reported a revenue of EUR 811,832. 60, with an EBITDA of EUR -626,975. 20, generated through straightforward car rental pricing based on hourly or daily rates, inclusive of comprehensive insurance and 24/7 assistance.
The company additionally benefits from shared vehicle rentals. Following its recent funding of EUR 7. 3 million in April 2021 led by Bâloise Group, Amovens Solutions SL plans to enhance its operations in Spain, Sweden, Denmark, and Finland, while also expanding into new countries. These funds will support the development of upcoming products and service enhancements to further strengthen its market presence.
Current Investors
GoMore, Macif, Bâloise Group
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.amovens.com
Verticals
E-commerce, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Amovens Solutions SL - timeline of key events
Amovens Solutions SL - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 60,251.7 | 73,553.2 | 473,975.2 | 1,685,403.6 | 2,339,444.6 | 884,463 | 686,252.7 | - | - | - |
| % Revenue Growth (YoY) | - | 22.1% | 544.4% | 255.6% | 38.8% | (62.2%) | (22.4%) | - | - | - |
| EBITDA (USD) | (191,189.9) | (369,494) | (924,091) | 57,976.3 | (499,501.3) | (787,423.7) | (529,990.3) | - | - | - |
| Operating Income (USD) | (194,791.3) | (373,095.2) | (927,957) | 52,476 | (515,169.8) | (810,113) | (560,532.6) | - | - | - |
| Operating Margin | (323.3%) | (507.2%) | (195.8%) | 3.1% | (22.0%) | (91.6%) | (81.7%) | - | - | - |
| % EBITDA Margin | (317.3%) | (502.3%) | (195.0%) | 3.4% | (21.4%) | (89.0%) | (77.2%) | - | - | - |
| NET Income (USD) | (147,781) | (279,856.5) | (927,957) | 551,667.2 | (385,964) | (1,438,784.6) | (561,500.9) | - | - | - |
| % Net Margin | (245.3%) | (380.5%) | (195.8%) | 32.7% | (16.5%) | (162.7%) | (81.8%) | - | - | - |
Amovens Solutions SL - employee data
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