Volanty

Founded: 2016 • Age: 10 yrs Acquired By Creditas
Used cars are traded via an online peer-to-peer marketplace.
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About Volanty

Volanty is a company founded in 2016 was acquired by Creditas in August 2021.. Volanty has raised $19.68 million across 3 funding rounds from investors including Creditas, SoftBank Group and Kaszek. Volanty offers products and services including Empréstimo com garantia de veículo, Financiamento de carro, Seguro auto, Empréstimo com garantia de imóvel, and Seguro residencial. Volanty operates in a competitive market with competitors including Kavak, Copart, Webmotors, ICarros and Carflix, among others.

  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Creditas Sociedade De Crédito Direto S/A
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19.68 M (USD)

    in 3 rounds

  • Latest Funding Round
    $17.6 M (USD), Series B

    Aug 07, 2019

  • Investors
    Creditas

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Creditas

    (Aug 05, 2021)

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Products & Services of Volanty

Volanty offers a comprehensive portfolio of products and services, including Empréstimo com garantia de veículo, Financiamento de carro, Seguro auto, Empréstimo com garantia de imóvel, and Seguro residencial. 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.

Primary

Secured loan using vehicle as collateral for personal financing.

Options for purchasing cars with competitive rates and terms.

Coverage for vehicles against risks and damages.

Loan backed by property for long-term financial needs.

Protection for homes and related assets.

Funding Insights of Volanty

Volanty has successfully raised a total of $19.68M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $17.6 million completed in August 2019. 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 Rounds 3
  • Last Round Series B — $17.6M
  • First Round

    (01 Jun 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2019 Amount Series B - Volanty Valuation Kaszek , SoftBank Group
Jun, 2018 Amount Series A - Volanty Valuation

investors

Jun, 2017 Amount Seed - Volanty Valuation Canary , Monashees
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 Volanty

Volanty has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Creditas, SoftBank Group and Kaszek. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are directed toward multiple sectors by Kaszek.
Founded Year Domain Location
A networking platform is provided for founders and investors.
Founded Year Domain Location
Sectors like ad tech, food tech, logistics, services are targeted.
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 Volanty

Investments
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 - Volanty

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Volanty Comparisons

Employees
+
Add Comparison
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Competitors of Volanty

Volanty 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 Kavak, Copart, Webmotors, ICarros and Carflix, 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
Pre-owned cars are certified, inspected, and traded online via Kavak.
domain founded_year HQ Location
Used and salvaged vehicles are offered via an online marketplace.
domain founded_year HQ Location
Online listings of used cars are facilitated by Webmotors.
domain founded_year HQ Location
An online classified portal for buying and selling cars.
domain founded_year HQ Location
Second-hand cars are traded through an online P2P marketplace.
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 Volanty

Creditas’ Acquisition of Volanty
Globallegalchronicle4 years ago

Frequently Asked Questions about Volanty

When was Volanty founded?

Volanty was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Is Volanty a funded company?

Volanty is a funded company, having raised a total of $19.68M across 3 funding rounds to date. The company's 1st funding round was a Seed of $630K, raised on Jun 01, 2017.

What does Volanty do?

Volanty was founded in 2016 as an online peer-to-peer marketplace in the used car sector. Appointments for physical inspections are scheduled by sellers, after which professional mechanics examine vehicles and capture photos for listings across multiple websites, including the companys platform. Buyers search listings, select vehicles, and complete purchases, with paperwork and delivery managed by the company. A 5 commission is applied to sellers upon successful sales.

Who are the top competitors of Volanty?

Volanty's top competitors include Kavak, Copart and Webmotors.

What products or services does Volanty offer?

Volanty offers Empréstimo com garantia de veículo, Financiamento de carro, Seguro auto, Empréstimo com garantia de imóvel, and Seguro residencial.

Who are Volanty's investors?

Volanty has 5 investors. Key investors include Creditas, SoftBank Group, Kaszek, Canary, and Monashees.

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