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Carvolution

Mobility · Bern, CH

All-inclusive car subscriptions

Founders

Lea Miggiano (Switzerland · ♀) — Frustrated by the rigidity of buying a car and inspired by the US car-subscription model, she co-founded Carvolution at 23 to bring flexible, all-inclusive car subscriptions to Switzerland.
Olivier Kofler (Switzerland · ♂) — A serial entrepreneur who co-founded Swiss SaaS firm Bexio, he co-founded Carvolution as CEO, bringing experience scaling tech startups.
Luis Wittwer (Switzerland · ♂) — With an analytics and product background at Swisscom and Porsche, he co-founded Carvolution and serves as COO.

Date	Round	Amount
Jan 2024	Debt Bern car-subscription startup Carvolution raised CHF 200M in asset-backed financing from Barclays and Waterfall Asset Management.	$227M
Jul 2023	Debt Bern car-subscription startup Carvolution secured a CHF 24M financing line from Zuger Kantonalbank.	$27.6M
Oct 2022	Growth Carvolution, a Swiss car-subscription startup, raised CHF 16.2M.	$16.2M
Feb 2021	Series A Swiss car-subscription startup Carvolution raised 15M Swiss francs from Ringier Digital Ventures, Avaloq founder Francisco Fernandez and existing investors Redalpine and Armada Investment.	$16.2M

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