Important No 7

Berlin, 18.12.2018, Vimcar, a Berlin based SaaS startup for fleet management, today announced their $13M Series B round, lead by Acton Capital with participation from existing investors Coparion, UVC Partners and Atlantic Labs. This round of ifnancing will further fuel Vimcar’s growth and ambition to build the one-stop fleet management solution for SMBs. With a funding total to date adding up to $21M, Vimcar is the on its way to become Germany’s most promising connected car startup.

Founded by Andreas Schneider, Christian Siewek and Lukas Weber, Vimcar originally launched with a pure mileage logging product (to track business mileage for taxation purposes), but then quickly extended their offering with a fleet management platform – specifically designed for the needs of small to medium-sized companies. With its easy to use OBD aftermarket hardware and various applications for driver and fleet managers, Vimcar has already connected more than 50,000 cars.

Still focusing on the German market, Vimcar managed to acquire major customers like Allianz, Zalando, Ford, Knauf, Adecco and Deutsche Bahn.

 

Iva Cirkovic Administrator

Über Acton Capital Partners

Acton Capital Partners ist ein internationaler Wachstumsinvestor mit Sitz in München. Seit 1999 investiert das Acton-Team erfolgreich in digitale Pioniere in Europa und Nordamerika.

Investmentfokus liegt dabei auf skalierbaren Geschäftsmodellen aus den Bereichen Future of Work, Digitale Marktplätze und Plattformen, Ecommerce, FinTech sowie Software-as-a-Service.

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