Cuvva

London, United Kingdom Founded: 2014 • Age: 12 yrs
Online usage-based car insurance solutions

About Cuvva

Cuvva is a company based in London (United Kingdom) founded in 2014 by Freddy Macnamara.. Cuvva has raised $27.19 million across 6 funding rounds from investors including Seedcamp, Techstars and RTP Global. The company has 198 employees as of December 31, 2024. Cuvva operates in a competitive market with competitors including Zego, Marshmallow, By Miles, Octo Telematics and The Floow, among others.

  • Headquarter London, United Kingdom
  • Employees 198 as on 31 Dec, 2024
  • Founders Freddy Macnamara
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cuvva Limited
  • Date of Incorporation 24 Feb, 2014
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $34.98 M (USD)
    47
    as on Dec 31, 2024
  • Net Profit
    $14.68 M (USD)
    347
    as on Dec 31, 2024
  • EBITDA
    $10.97 M (USD)
    234
    as on Dec 31, 2024
  • Total Equity Funding
    $27.19 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    Seedcamp

    & 6 more

  • Employee Count
    198

    as on Dec 31, 2024

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People of Cuvva
Headcount 50-200
Employee Profiles 61
Employee Profiles
People
Freddy MacNamara
Founder, CEO
People
Svetlana Novikova
Chief Commercial Officer
People
James Britton
Head Of Engineering
People
Ilya Ageev
Chief Technology Officer

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Funding Insights of Cuvva

Cuvva has successfully raised a total of $27.19M across 6 strategic funding rounds. 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.

  • Total Funding
  • Total Rounds 6
  • Last Round
  • First Round

    (13 Jan 2016)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Series A - Cuvva Valuation

investors

Jun, 2022 Amount Series A - Cuvva Valuation

investors

Dec, 2019 Amount Series A - Cuvva Valuation Breega , LocalGlobe
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cuvva

Cuvva has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Seedcamp, Techstars and RTP Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm focused on pre-seed to early-stage investments
Founded Year Domain Location
Venture capital firm focused on seed-stage investments
Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cuvva

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cuvva

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cuvva Comparisons

Employees
+
Add Comparison
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Competitors of Cuvva

Cuvva 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 Zego, Marshmallow, By Miles, Octo Telematics and The Floow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Motor insurance is provided for personal and work driving.
domain founded_year HQ Location
Auto insurance is delivered via app to individual drivers.
domain founded_year HQ Location
Pay-per-mile auto insurance is offered through a mobile app.
domain founded_year HQ Location
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
domain founded_year HQ Location
Provider of telematics data for insurance
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cuvva

Frequently Asked Questions about Cuvva

When was Cuvva founded?

Cuvva was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Cuvva located?

Cuvva is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Cuvva?

Freddy Macnamara is the current CEO of Cuvva. They have also founded this company.

Is Cuvva a funded company?

Cuvva is a funded company, having raised a total of $27.19M across 6 funding rounds to date. The company's 1st funding round was a Series A of $19.39M, raised on Jan 13, 2016.

How many employees does Cuvva have?

As of Dec 31, 2024, the latest employee count at Cuvva is 198.

What is the annual revenue of Cuvva?

Annual revenue of Cuvva is $34.98M as on Dec 31, 2024.

What does Cuvva do?

Cuvva was founded in 2014 in London, United Kingdom, within the insurance sector. Usage-based car insurance solutions are offered online through a mobile application. Temporary policies, ranging from hourly to weekly durations, are available for cars, vans, motorhomes, learner drivers, and international users. Coverage is facilitated for scenarios such as vehicle borrowing, test drives, practice sessions, and brief ownership periods. Operations focus on flexible, on-demand insurance access.

Who are the top competitors of Cuvva?

Cuvva's top competitors include Marshmallow, Octo Telematics and Zego.

Who are Cuvva's investors?

Cuvva has 7 investors. Key investors include Seedcamp, Techstars, RTP Global, Breega, and LocalGlobe.

What is Cuvva's valuation?

The valuation of Cuvva is $121.36M as of Jun 2022.

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