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.
- Total Equity Funding$185M (USD)
in 4 rounds
- Latest Funding Round$60M (USD), Series B
Nov 2025
- InvestorsEurazeo
& 12 more
Apps and channels of Vay
Vay publishes 1 mobile app; its YouTube channel CNBC-TV18 has 10.2M subscribers and 30 videos.
Videos from Vay
The most watched videos on Vay's YouTube channel, CNBC-TV18 (10.2M subscribers). Click a video to play it here.
More on CNBC-TV18.
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 $185M
- Total Rounds 4
- Last Round Series B — $60M
- First Round $30M
(Jan 2019)
- Investors Count 13
All 4 funding rounds of Vay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $60M | Series B | – | – | |
| Oct 2024 | $36.98M | Debt – Venture | – | – | |
| Dec 2021 | $95M | Series B | – | Project A | |
| Jan 2019 | $30M | Series A | – | – | – |
13 investors in total: 11 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
Project A is recognized as an early-stage venture capital firm focused on European startups. | 2012 | project-a.com | Berlin, Germany | |
Venture capital investments are directed toward multiple sectors by Kinnevik. | 1936 | kinnevik.com | Stockholm, Sweden | |
Provider of an investment platform for various stages | – | coatue.com | New York, United States | |
Private equity and debt investments are managed across multiple sectors. | 1969 | eurazeo.com | Paris, France | |
Tech-based companies are invested in by Atomico venture capital fund. | 2006 | atomico.com | London, United Kingdom | |
Venture capital investments and support services are offered to early-stage tech startups. | – | creandum.com | - | |
Visionaries Club is engaged in venture capital investments for B2B tech startups. | – | visionaries.vc | Berlin, Germany | |
Venture capital firm focused on early stage companies | – | lafamiglia.vc | Berlin, Germany | |
Early-stage tech investments are made in European companies. | – | signals.vc | Berlin, Germany |
Investor details for Vay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Vay
67 people are tracked at Vay (14 in leadership, 53 in team).
| Name | Role | Group |
|---|---|---|
Fabrizio Ugo Scelsi | Co-Founder & CTO | Leadership |
Bogdan Djukic | Co-Founder | Leadership |
Thomas Von der Ohe | Co-Founder & CEO | Leadership |
Karsten Gordon | Director, Embedded SW & Control | Leadership |
Connaire Wallace | Head Of Talent Acquisition | Leadership |
Esther Daweke | Director, Head Of Strategic Partnerships | Leadership |
Athanassios Lagospiris | VP Engineering Embedded, System & Safety | Leadership |
Volodymyr Bilonenko 🇺🇦🇪🇺 | Director Of Software Engineering, Cloud | Leadership |
Oliver Oczycz | Director Of Revenue | Chief Of Staff | Leadership |
Sharad Kher | Director Business Development | Leadership |
Kevin James Parks | Chief Of Staff To The CTO | Leadership |
Claire Eagan | Global Head Of Legal | Leadership |
Irene Molins | Global Director Of People & Culture | Leadership |
Adrienne Ossko | Director Of Product, Customer Experience | Leadership |
Benjamin Zaß | Senior Systems And Requirements Engineer | Team |
Sebastian Holzapfel | Principal Embedded Engineer | Team |
Ricardo Ginja | Quality Assurance Tester | Team |
Marcos Míllara Terceiro | Senior Embedded Software Engineer | Team |
Mstsislau Babakou | Backend Developer | Team |
Uroš Marinković | System Integration Engineer | Team |
47 more people are available in the full profile.
Complete people profiles for Vay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Vay
3 dated milestones of Vay across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Vay is founded.
- Funding First funding round of $30.0M.
- Funding Latest funding round, Series B, of $60.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phantom.auto | 2017 | Palo Alto, United States | $90.5M | – | AI-powered remote safety support is offered for autonomous vehicles. | |
| ottopia.tech | 2018 | – | $26.5M | – | Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles | |
| driveu.auto | 2019 | Kfar Saba, Israel | $4M | – | Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform. | |
| scotty.ai | 2017 | Menlo Park, United States | $6.06M | – | Teleoperations platform to virtually control self-driving vehicles | |
| voysys.se | 2014 | Norrkoping, Sweden | – | 6 | Software for teleoperation of vehicles, machines, and robots is provided. | |
| holo.tcc.mode | 2016 | Tbilisi, Georgia | – | – | Holographic advertising platforms | |
| roboauto.tech | 2007 | Brno, Czech Republic | – | – | Automotive technology solutions for smart vehicles are provided. | |
| guident.com | 1998 | Boca Raton, United States | – | – | Developer of AI-powered software solutions for the control and safety of autonomous vehicles |
Detailed competitors of Vay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vay
The website of Vay (vay.io) receives about 35.8K visits a month.
- Monthly visits35.8K
▲ 21.1% vs previous month
Websites whose visitors overlap most with Vay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| contag.de | 23% | 1.4K | #9,989,574 | View details |
Latest news on Vay
Complete news archive for Vay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Vay
10 companies that operate in the same segment as Vay (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 1,800 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 1,460 |
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Frequently Asked Questions about Vay
Vay was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Vay is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Thomas Von der Ohe is the current CEO of Vay. They have also founded this 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 A of $30M, raised on Jan 2019.
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.
Vay's top competitors include Ottopia, Scotty Labs and Phantom Auto.
Vay has 13 investors. Key investors include Eurazeo, European Investment Bank, Atomico, Kinnevik, and Project A.
Vay operates through Vay Technology Gmbh.
Yes. Vay publishes Vay - rent a car nearby.