About CVS
CVS is a company based in Ljubljana (Slovenia) founded in 2005 by Ciril Mlakar was acquired by Inelo in September 2021.. CVS offers products and services including mobileWEB, Tachograph data management, FuelGuard, and Document management. CVS operates in a competitive market with competitors including Samsara, Radius, Lytx, Platform Science and GreenRoad, among others.
- Headquarter Ljubljana, Slovenia
- Founders Ciril Mlakar
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Sectors
Industrial Goods & ManufacturingTransportation, 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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- Legal Name Cvs Mobile D.D.
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Annual Revenue
$1.46 M (USD)8as on Dec 31, 2022
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Net Profit
$173.34 K (USD)1452as on Dec 31, 2022
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EBITDA
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Latest Funding Round
$212.49 K (USD), Grant
Jan 01, 2017
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Inelo
(Sep 03, 2021)
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Products & Services of CVS
CVS offers a comprehensive portfolio of products and services, including mobileWEB, Tachograph data management, FuelGuard, and Document management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing FMS data and vehicle operations remotely.
System to transfer and analyze driver activity data for compliance.
Tool to track fuel levels and detect potential theft in vehicles.
Service for sharing documents between vehicles and back office.
Funding Insights of CVS
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $212,492
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First Round
First Round
(01 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Grant - CVS | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CVS
CVS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Inelo. 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.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Web and telematics-based fleet monitoring solutions are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CVS
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CVS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cvs Comparisons
Competitors of CVS
CVS 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 Samsara, Radius, Lytx, Platform Science and GreenRoad, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CVS
When was CVS founded?
CVS was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Where is CVS located?
CVS is headquartered in Ljubljana, Slovenia.
Who is the current CEO of CVS?
Damijan Hvala is the current CEO of CVS.
What is the annual revenue of CVS?
Annual revenue of CVS is $1.46M as on Dec 31, 2022.
What does CVS do?
CVS was founded in 2005 in Ljubljana, Slovenia, as a provider of cloud and GPS-enabled vehicle security solutions. Vehicle trackers, web-based software, and mobile apps are supplied for remote oversight and control. Core features encompass real-time location tracking, driver behavior analysis, fleet optimization, route scheduling, fuel monitoring, and temperature control. These tools serve sectors including construction, logistics, transportation, law enforcement, and marketing.
What products or services does CVS offer?
CVS offers mobileWEB, Tachograph data management, FuelGuard, and Document management.
Who are CVS's investors?
CVS has 2 investors. Key investors include European Union, and Inelo.