Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week
Sean O'Neill
February 15th, 2019 at 12:30 AM EST
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.
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
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