Vehiculum.de

Vehiculum. de is a digital platform that simplifies vehicle leasing by offering a user-friendly interface for comparing and acquiring car leasing offers, catering to both individuals and businesses. Founded in 2015 and headquartered in Berlin, Germany, Vehiculum specializes in vehicle leasing solutions. The company was established by Lukas Steinhilber and Melchior Bauer.

It has successfully raised EUR 7 million in Series A funding on January 3, 2019, led by Runa Capital, alongside other investors including Coparion and BA4V Fondsmanagement. Vehiculum has engaged in four deals to date and maintains a current valuation of EUR 39. 475 mn. Vehiculum operates a digital platform focused on vehicle leasing, allowing users to easily compare leasing options for new and used cars from major brands such as Audi, BMW, Mercedes, and Volkswagen.

The service targets both private and business customers, offering customized leasing agreements with a commitment to transparent pricing and simplified processes. Since 2015, the platform has expanded its offerings to include private leasing options introduced in 2019, addressing a diverse customer base seeking modern automotive financing solutions. In the most recent year of 2023, Vehiculum reported a revenue of EUR 3,351,834. 20.

The company generates income primarily through vehicle leasing, operating on a B2C model where customers initiate contracts through the platform. The company emphasizes clear pricing and facilitates leasing agreements without requiring upfront payments, adding to its appeal for both individuals and businesses. Additional services such as insurance and service packages are also available to enhance customer offerings. Vehiculum plans to leverage its recent Series A funding of EUR 7 million raised in January 2019 to enhance its product offerings and expand into new markets.

Specific initiatives include the design and launch of new digital tools aimed at improving user experience, with an anticipated rollout in the next year. The funding will also support efforts to penetrate additional geographic regions beyond Germany, particularly targeting markets in neighboring European countries by 2025.