Vimcar Receives Growth Investment from Battery Ventures

Vimcar

Vimcar, a Berlin, Germany-based provider of fleet management software for SMEs, received a Growth investment from Battery Ventures.

The amount of the deal was not disclosed.

The company intends to use the funds to expand its reach in the DACH region.

Led by co-CEOs Andreas Schneider and Christian Siewek, Vimcar is a provider of fleet management software for SMEs with one to 200 vehicles. Its SaaS solutions cover fleet management – from real time vehicle tracking to theft warning and route planning. The digital logbook solution offers legal requirements of financials authorities in the DACH region. More than 60,000 customers are already running with its software. Customers include Deutsche Bahn, Allianz, Free Now, Knauf, Koziol, and Nippon Seiki.

FinSMEs

05/01/2022