Commody, UAB

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Commody, UAB - overview

Established

2024

Location

Vilnius, -, Lithuania

Primary Industry

Internet

About

Commody, UAB is a digital platform facilitating fractional ownership in collectible automobiles, allowing investors and enthusiasts to co-own rare vehicles and benefit from their value appreciation. Commody, UAB specializes in providing a platform for fractional ownership of collectible cars. Founded in 2024 in Vilnius, Lithuania, the company has completed 1 deal. Its most recent deal occurred on March 28, 2025, during which the company raised EUR 500,000 in pre-seed funding from investors including Coinvest Capital and FIRSTPICK.


The founder’s history is not specified. Commody’s primary offering is a digital platform that facilitates fractional ownership in collectible automobiles. The platform enables enthusiasts and investors to purchase shares of rare cars, such as the Porsche 911 Turbo, allowing them to co-own these vehicles and enjoy potential appreciation in value. The service targets automotive enthusiasts, investors, and collectors, aiming to democratize access to the collectible car market, primarily serving clients in Lithuania while being positioned for scalability across various European markets.


Commody generates revenue through the sale of fractional shares in collectible automobiles, where users can acquire specific portions of subdivided high-value cars. Revenue streams may include initial purchase fees for acquiring shares and transaction fees upon the resale of ownership stakes. The business model also promotes ongoing investor engagement through subscriptions for market updates and investment insights, focusing on high-value collectible cars within the luxury asset investment sector. In March 2025, Commody, UAB raised EUR 500,000 in pre-seed funding to support its platform development and expansion plans.


The company aims to introduce new products that enhance the investment experience in collectible automobiles while planning to expand into additional European markets by 2026. The recent funding will be utilized to bolster these initiatives, enhancing the platform's capabilities and outreach.


Current Investors

Coinvest Capital, FIRSTPICK

Primary Industry

Internet

Sub Industries

Automobile Dealerships, Internet

Website

www.commody.com

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Commody, UAB - financials

Fiscal Year EndedDec 31, 2024
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
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NET Income (USD)-
% Net Margin-

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