About Kovi
Kovi is a company based in Sao Paulo (Brazil) founded in 2018 was acquired by Moove in January 2025. Kovi has raised $144.65 million across 5 funding rounds from investors including Accel, Moove and Prosus. Kovi offers products and services including Car Rental with Purchase Option, Annual Car Rental, and Monthly Car Rental. Kovi operates in a competitive market with competitors including Turbi, OneCarNow, Carre Mobility, Zazcar and LEEVO, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Travel & HospitalityTransportation, 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 Kovi Tecnologia S.A.
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Products & Services of Kovi
Kovi offers a comprehensive portfolio of products and services, including Car Rental with Purchase Option, Annual Car Rental, and Monthly Car Rental.
Enables drivers to rent cars with future purchase option and included maintenance.
Provides yearly car rentals for app drivers with reserve vehicle guarantees.
Offers short-term car rentals for drivers without credit checks or limits.
People of Kovi
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Funding Insights of Kovi
Kovi has successfully raised a total of $144.65M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in August 2021. 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 Funding
- Total Rounds 5
- Last Round Debt – Conventional — $20.0M
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First Round
First Round
(18 Mar 2019)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Series B - Kovi | Valuation | Valor Capital Group , Prosus | |
| Aug, 2021 | Amount | Debt – Conventional - Kovi | Valuation |
investors |
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| Nov, 2019 | Amount | Series A - Kovi | Valuation | Global Founders Capital |
Investors in Kovi
Kovi has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Moove and Prosus.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity and venture capital are applied to tech sectors.
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Tech companies are invested in by this venture capital firm.
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Fintech investments focused on financial inclusion and global economic growth.
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Investments & Acquisitions by Kovi
Financial Statements - Kovi
Kovi Comparisons
Competitors of Kovi
Kovi 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 Turbi, OneCarNow, Carre Mobility, Zazcar and LEEVO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Self drive car rental platform
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Provider of electric vehicle subscriptions for rideshare drivers
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| domain | founded_year | HQ Location |
Multi-category self-driven vehicle rentals and car-pooling are provided online.
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| domain | founded_year | HQ Location |
Provides an app-based platform for on-demand car rentals.
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Digital platform for vehicle rental including monthly and hourly options.
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Latest news on Kovi
Frequently Asked Questions about Kovi
Kovi was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Kovi is headquartered in Sao Paulo, Brazil.
Kovi is a funded company, having raised a total of $144.65M across 5 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Mar 18, 2019.
Kovi was established in 2018 in Sao Paulo, Brazil, as an online platform in the car rental sector. Access to a broad selection of vehicles is enabled for users, who can search and reserve cars by submitting rental duration and personal information such as driving licenses. Operations include insured transportation options and multiple payment methods, supporting bookings primarily in the Brazilian market.
Kovi's top competitors include Turbi, OneCarNow and Carre Mobility.
Kovi offers Car Rental with Purchase Option, Annual Car Rental, and Monthly Car Rental.
Kovi has 17 investors. Key investors include Accel, Moove, Prosus, Quona, and Broadhaven Capital Partners.