About Cluno
Cluno is a company based in Munchen (Germany) founded in 2017 by Christina Maria Polleti, Andreas Schuierer, and Nico Polleti was acquired by ViveLaCar in February 2023. Cluno has raised $36.64 million across 3 funding rounds from investors including Cazoo, NIBC and The Platform Group. The company has 18 employees as of December 31, 2021. Cluno operates in a competitive market with competitors including FINN, ViveLaCar, Carminga, ePilot Mobility and FlexxDrive, among others.
- Headquarter Munchen, Germany
- Employees 18 as on 31 Dec, 2021
- Founders Christina Maria Polleti, Andreas Schuierer, Nico Polleti
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
$11.67 M (USD)-21as on Dec 31, 2020
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Net Profit
-$15.28 M (USD)-38as on Dec 31, 2020
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EBITDA
Not available
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Total Equity Funding
$36.64 M (USD)
in 3 rounds
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Latest Funding Round
$87.98 M (USD), Debt – Conventional
Sep 24, 2019
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Investors
Cazoo
& 9 more
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Employee Count
18
as on Dec 31, 2021
- Acquired by
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People of Cluno
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Funding Insights of Cluno
Cluno has successfully raised a total of $36.64M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $87.98 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cluno
Cluno has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Cazoo, NIBC and The Platform Group.
| Investor | Description | Founded Year | Domain | Location |
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Global investments in tech sectors are conducted by Valar Ventures.
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Tech-enabled companies are invested in by Acton Capital venture firm.
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Tech focused VC firm investing in early stage companies in Germany
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Investor details for Cluno
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Investments & Acquisitions by Cluno
Investment portfolio details for Cluno
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Financial Statements - Cluno
Detailed financials for Cluno
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Cluno Comparisons
Peer comparison for Cluno
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Competitors of Cluno
Cluno operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FINN, ViveLaCar, Carminga, ePilot Mobility and FlexxDrive, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based car subscriptions with insurance and maintenance are provided.
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Car subscriptions are offered monthly without long-term commitments.
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Subscription-based car rentals are facilitated via an app-based platform.
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Vehicle subscriptions are managed through an online platform for users.
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Car subscription service providing flexible vehicle access and comprehensive coverage.
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Detailed competitors of Cluno
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Latest news on Cluno
Complete news archive for Cluno
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Frequently Asked Questions about Cluno
Cluno was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Cluno is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Nico Polleti is the current CEO of Cluno. They have also founded this company.
Cluno is a funded company, having raised a total of $36.64M across 3 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Cluno is 18.
Annual revenue of Cluno is $11.67M as on Dec 31, 2020.
Founded in 2017 in Munich, Germany, Cluno operates in the automotive subscription sector. Flexible car rentals are provided without long-term contracts, featuring fixed monthly fees that cover maintenance, insurance, taxes, delivery, and tire services. An app enables user registration, vehicle browsing, and bookings, with options for pickup or doorstep delivery. Luxury subscriptions, including Porsche models under Cluno X, are also available.
Cluno has 10 investors. Key investors include Cazoo, NIBC, The Platform Group, ViveLaCar, and Varengold Bank.