About OffUgo
OffUgo is a company based in Palma (Spain) founded in 2020 by Loris Fochesato and Fernando De Miguel Alberti. OffUgo has raised $632.14 thousand across 1 funding round from investors including DraperB1, Think Bigger Capital and BStartup Banco Sabadell. OffUgo operates in a competitive market with competitors including GoVirtuo, OK Mobility, Respiro, Ozone Drive and Carre Mobility, among others.
- Headquarter Palma, Spain
- Founders Loris Fochesato, Fernando De Miguel Alberti
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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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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$632.14 K (USD)
in 1 rounds
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Latest Funding Round
$632.14 K (USD), Seed
May 20, 2022
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Investors
DraperB1
& 2 more
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Employee Count
Not available
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Funding Insights of OffUgo
OffUgo has successfully raised a total of $632.14K through 1 strategic funding round. The most recent funding activity was a Seed round of $632.14 thousand completed in May 2022. 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 OffUgo
OffUgo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DraperB1, Think Bigger Capital and BStartup Banco Sabadell.
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BStartup Banco Sabadell is focused on providing banking and investment services to startups.
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Investor details for OffUgo
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Investments & Acquisitions by OffUgo
Investment portfolio details for OffUgo
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Financial Statements - OffUgo
Detailed financials for OffUgo
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Offugo Comparisons
Peer comparison for OffUgo
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Competitors of OffUgo
OffUgo 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 GoVirtuo, OK Mobility, Respiro, Ozone Drive and Carre Mobility, among others.
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App-based self-drive car rental company
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Offers vehicle rental, subscription, leasing, and purchase for consumers worldwide.
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Self-drive car rentals are provided via an online platform.
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Electric cars for rental are booked through an online platform.
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Multi-category self-driven vehicle rentals and car-pooling are provided online.
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Detailed competitors of OffUgo
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Latest news on Offugo
Complete news archive for OffUgo
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Frequently Asked Questions about OffUgo
OffUgo was founded in 2020 and raised its 1st funding round 2 years after it was founded.
OffUgo is headquartered in Palma, Spain. It is registered at Palma, Balearic Islands, Spain.
OffUgo is a funded company, having raised a total of $632.14K across 1 funding round to date.
OffUgo was founded in 2020 in Palma, Spain, as an online platform in the car rental sector. Self-drive vehicles are booked by users through the website, where driving licenses and personal details are uploaded. Car locations are shared with users upon completion of the process. Vehicles are unlocked remotely using mobile phones. After usage, cars are returned to designated parking spots. Operations focus on traveler mobility in the region.
OffUgo's top competitors include GoVirtuo, Ozone Drive and Bluemove.
OffUgo has 3 investors. Key investors include DraperB1, Think Bigger Capital, and BStartup Banco Sabadell.