Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week


Virtuo car rental startup

Skift Take

Three interesting companies announced investments this week: Virtuo, a car rental service, aims to replace service counters with mobile-first customer service. May Mobility builds autonomous vehicles for smart cities. NuStay offers hotel price-comparison.
Series: Startups This Week

Travel Startup Funding This Week

Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.
This week travel startups announced more than $46.7 million in funding. >>Virtuo , a car rental company, has raised $23 million in a Series B round. Iris, Balderton, and Raise Ventures participated as investors. Virtuo has raised $33.6 million of venture capital since its founding in 2015. The company lets customers rent Mercedes and other luxury brand vehicles by a mobile app at 27 train stations, airports, and city center locations in France, Belgium, and the UK. Like car-sharing firm Zipcar, Virtuo lets a traveler pick a car via the app and then unlock the vehicle with the app — skipping a counter service line. The startup has 50 employees but plans to double its headcount within a year. >>May Mobility, a company that pri