About Vimcar
Vimcar is a company based in Berlin (Germany) founded in 2013 by Lukas Weber was acquired by Battery Ventures in December 2022.. Vimcar has raised $18.5 million across 3 funding rounds from investors including UVC Partners, Acton Capital and coparion. Vimcar offers products and services including Vimcar Fahrtenbuch and Fleet Geo. Vimcar operates in a competitive market with competitors including Samsara, Trimble, Platform Science, Radius and Omnitracs, among others.
- Headquarter Berlin, Germany
- Founders Lukas Weber
-
Sectors
TechnologyIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vimcar Gmbh
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$18.5 M (USD)
in 3 rounds
-
Latest Funding Round
$13 M (USD), Series B
Dec 18, 2018
-
Investors
UVC Partners
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Battery Ventures
(Dec 20, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Vimcar
Vimcar offers a comprehensive portfolio of products and services, including Vimcar Fahrtenbuch and Fleet Geo. 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.
Automates trip recording for tax-compliant documentation and savings.
Enables real-time vehicle monitoring and route optimization for fleets.
Unlock access to complete
Funding Insights of Vimcar
Vimcar has successfully raised a total of $18.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $13 million completed in December 2018. 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 3
- Last Round Series B — $13.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series B - Vimcar | Valuation | Acton Capital | |
| Apr, 2017 | Amount | Series A - Vimcar | Valuation | UVC Partners , Coparion |
|
| Jun, 2014 | Amount | Seed - Vimcar | Valuation | Atlantic Labs |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vimcar
Vimcar has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include UVC Partners, Acton Capital and coparion. 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 |
|---|---|---|---|---|
|
Investments are directed toward enterprise software, mobility, and industrial technologies.
|
Founded Year | Domain | Location | |
|
Tech-enabled companies are invested in by Acton Capital venture firm.
|
Founded Year | Domain | Location | |
|
Venture capital funding for young German technology companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Vimcar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Vimcar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vimcar Comparisons
Competitors of Vimcar
Vimcar 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, Trimble, Platform Science, Radius and Omnitracs, 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.
|
|
| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
|
|
| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
|
|
| domain | founded_year | HQ Location |
Predictive marketing and sales platform
|
|
| domain | founded_year | HQ Location |
Cloud-based fleet management solutions are provided for transportation operations.
|
|
| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Vimcar
Frequently Asked Questions about Vimcar
When was Vimcar founded?
Vimcar was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Vimcar located?
Vimcar is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Vimcar a funded company?
Vimcar is a funded company, having raised a total of $18.5M across 3 funding rounds to date.
What does Vimcar do?
Founded in 2013 and based in Berlin, Germany, the company operates in the fleet management sector. A SaaS platform is offered, featuring an OBD-2 device that plugs into vehicle diagnostic ports. Trip data, including mileage, is logged electronically for small and medium-sized business fleets. Compliance and tax requirements are supported through automated recording of vehicle usage details.
Who are the top competitors of Vimcar?
What products or services does Vimcar offer?
Vimcar offers Vimcar Fahrtenbuch and Fleet Geo.
Who are Vimcar's investors?
Vimcar has 5 investors. Key investors include UVC Partners, Acton Capital, coparion, Atlantic Labs, and Battery Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.