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Country: France
Founded in 2015, Virtuo offers car rentals without going through an agency, solely via their mobile app. Their fleet of vehicles consists of three different models, Mercedes A-Class and GLA, with a total of over 1,000 vehicles at the start of 2019. With this system, the smartphone app acts as a key to unlock and start the vehicle.
The company is present in 17 parking lots in France in 2017, in London and plans to expand into Germany and Spain in 2019. To do so, it is counting on its latest fundraising round of 20 million euros released in February 2019.
Each rental costs between 35 and 70 euros per day for a 150-kilometer package. Each additional kilometer is charged at 25 euro cents.
june 23, 2021 - Virtuo, the French car rental start-up - Source(Eco Réseau)
- the company boasts 150,000 users
- The start-up has digitized 100% of the customer journey
- Virtuo raises nearly 80 million euros in financing
- The start-up is already present in France (12 cities), the UK (3 cities) and Spain (3 cities).
- The goal by 2025 is to be present in ten countries and to reach one million users, plus the electrification of 50% of the fleet, to reach 100% by 2025.
Studies mentioning this company
The car rental market - France
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- Europcar
- Hertz
- Avis Budget Group
- Sixt
- Ouicar
- Citiz
- Ubeeqo
- Enterprise holdings
- Ucar
- DriiveMe
- Drivalia
- Virtuo
- Getaround (Ex drivy)
- Rent a Car
- Hitech Software