About Vay
Vay is a company based in Berlin (Germany) founded in 2018 by Fabrizio Ugo Scelsi, Bogdan Djukic, and Thomas Von der Ohe.. Vay has raised $185 million across 4 funding rounds from investors including Eurazeo, European Investment Bank and Atomico. Vay operates in a competitive market with competitors including Phantom Auto, Ottopia, DriveU.auto, Scotty Labs and Voysys, among others.
- Headquarter Berlin, Germany
- Founders Fabrizio Ugo Scelsi, Bogdan Djukic, Thomas Von der Ohe
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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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- Legal Name Vay Technology Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$185 M (USD)
in 4 rounds
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Latest Funding Round
$60 M (USD), Series B
Nov 10, 2025
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Investors
Eurazeo
& 12 more
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Employee Count
Employee Count
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Funding Insights of Vay
Vay has successfully raised a total of $185M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in November 2025. 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 4
- Last Round Series B — $60.0M
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First Round
First Round
(01 Jan 2019)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series B - Vay | Valuation |
investors |
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| Oct, 2024 | Amount | Debt – Venture - Vay | Valuation |
investors |
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| Dec, 2021 | Amount | Series B - Vay | Valuation | Project A |
| 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 Vay
Vay has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Eurazeo, European Investment Bank and Atomico. 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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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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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 Vay
| 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 - Vay
| 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 |
Vay Comparisons
Competitors of Vay
Vay 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 Phantom Auto, Ottopia, DriveU.auto, Scotty Labs and Voysys, 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 |
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| domain | founded_year | HQ Location |
AI-powered remote safety support is offered for autonomous vehicles.
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| domain | founded_year | HQ Location |
Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles
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| domain | founded_year | HQ Location |
Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform.
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| domain | founded_year | HQ Location |
Teleoperations platform to virtually control self-driving vehicles
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| domain | founded_year | HQ Location |
Software for teleoperation of vehicles, machines, and robots is provided.
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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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Latest news on Vay
Frequently Asked Questions about Vay
When was Vay founded?
Vay was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Vay located?
Vay is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Vay?
Thomas Von der Ohe is the current CEO of Vay. They have also founded this company.
Is Vay a funded company?
Vay is a funded company, having raised a total of $185M across 4 funding rounds to date. The company's 1st funding round was a Series B of $95M, raised on Jan 01, 2019.
What does Vay do?
Vay was founded in 2018 in Berlin, Germany, within the electric mobility sector. An online platform is operated to deliver remote-driving and autonomy services for electric vehicles. Remote vehicle delivery by trained teledrivers, virtual driving sessions, fleet management tools, and GPS-free navigation are included among the features. Vehicles are requested via the app, driven by users, and handled autonomously for parking or retrieval afterward.
Who are the top competitors of Vay?
Vay's top competitors include Ottopia, Scotty Labs and Phantom Auto.
Who are Vay's investors?
Vay has 13 investors. Key investors include Eurazeo, European Investment Bank, Atomico, Kinnevik, and Project A.
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