Bipi Mobility S.L.

Based in Madrid, Spain, founded in 2017, Bipi Mobility S. L. doing business as Bipi, is a car subscription marketplace. Hans Christ is a Co-Founder and CEO of the company.

In February 2021, BIPI MOBILITY S. L. raised EUR 6 million in Series B funding led by new investor P101 SGR S. p.

A. Currently, the company only operates in France, Spain, and Italy. The company has around 100 employees as of February 2021. The company offers a subscription service that allows consumers to digitally access a vehicle for an all-inclusive monthly cost and without a waiting period.

The access to a vehicle is for a single payment that covers everything, including vehicle delivery and collection, comprehensive insurance, management costs, maintenance, taxes, reviews, and roadside assistance, among other things. The customers can choose their car, sign up and complete the documentation, once a subscription is approved, they can pick up the car at any delivery point. The company also allows the option to change the category or model of the car according to the need of the customer. As of February 2021, the company closed its Series B funding round at EUR 16.

5 million and these funds are intended to be used to further accelerate Bipi's national growth, recruit new talent, invest in technology and new products, as well as prepare for its expansion into the Italian market.