About CarStudio
CarStudio, an accelerator and incubator program founded in 2016, is based in Sainghin en Melantois, France. With a presence in 3 countries, it has supported around 10 startups in sectors like Auto Tech, Retail. Most notable companies in
its portfolio include Cosmo Connected, CarPay-Diem and WeProov. The program primarily supports Seed startups based in Luxembourg. Its latest investment was a $2.5M Seed round in CARFIT on Oct 16, 2018, which also saw participation from Benhamou Global Ventures and autobernard.com.
Key Metrics
Founded Year
2016
Location
Sainghin en Melantois, France
Portfolio Companies
Stages of Investment
Seed
Locations of Investment
CarStudio's List of Top Investments
CarStudio has a portfolio of 10 companies. Their most notable investments are in CARFIT and CarPay-Diem.Their portfolio spans across France, Luxembourg and United States. They have invested in Auto Tech, Retail, High Tech and 11 other sectors, across stages such as Seed stage. Here is the list of top investments by CarStudio:Cosmo Connected is a helmet accessory that can be used by bike riders for improving their visibility. The accessory consists of a LED light that can detect braking and alerts others by glowing a bright red light. The device is connected to the mobile app via Bluetooth. The device can detect a fall/accident and sends an alert message with rider's GPS coordinates and medical information to the nearest rescue team and family members. The companion app allows the user to set emergency contact numbers and change light settings.
Key facts about Cosmo Connected
- Founded Year: 2015
- Location: Paris (France)
- Annual Revenue: €1M - €10M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $12.1M
- Employee Count: 26 as on Jul 31, 2026
- Investors: AA Sons, SaaS Lander and 12 Others
- Latest Funding Round: Series A, Dec 28, 2022, $*****
- Highlight: Editors' Pick
2. CarPay-Diem
Provider of mobile fueling and digital marketing platform for fuel retailers and card issuers. This platform enables mobile apps and connected vehicles to activate fuel pumps and charging stations regardless of brand or payment method. It integrates into existing mobile applications, adding pay-at-pump functionality and a direct marketing approach. The platform serves as a single access point for multiple retailer brands, allowing retailers to engage directly with drivers at the point of purchase. It facilitates streamlined expense management for commercial fleets through integration with fleet cards and automated data collection.
Key facts about CarPay-Diem
- Founded Year: 2016
- Location: Strassen (Luxembourg)
- Stage: Seed
- Total Funding till date: $2.05M
- Employee Count: 12 as on Jul 31, 2026
- Investors: ZF, Edenred and 2 Others
- Latest Funding Round: Seed, Mar 28, 2023, $*****
3. WeProov
Vehicle inspection management solutions for the auto insurance industry. It offers an app-based inspection, estimation, and claim management tool for fleet owners, landlords, and other businesses. Users can fill out an inspection form for vehicles, properties, and other goods. It also offers solutions for estimation, quotation for damages, bailiff, and analytics.
Key facts about WeProov
- Founded Year: 2015
- Location: Paris (France)
- Stage: Funding Raised
- Employee Count: 28 as on Jul 31, 2026
- Investors: SaaS Lander and CarStudio
4. ReparcarFR
Reparcar is an online marketplace for used auto parts & components. The platform offers a range of products across categories including lights, rear/front bodywork, ignition, engine components, braking, HVAC, and mechanical components, among others. The company claims to offer certified used parts with a 14-day money-back guarantee.
Key facts about ReparcarFR
- Founded Year: 2018
- Location: Issy les Moulineaux (France)
- Stage: Funding Raised
- Employee Count: 15 as on Jul 01, 2024
- Investors: Kima Ventures and CarStudio
5. CARFIT
Carfit provides algorithm-based predictive maintenance of vehicles. The company's solution analyses a car's vibrations to predict the maintenance needs. The company claims that its algorithms allow its system to analyze the thresholds of information and alert to trigger in response, based on the analysis of empirical NVH data of the automobile.
Key facts about CARFIT
- Founded Year: 2016
- Location: Palo Alto (United States)
- Stage: Deadpooled
- Total Funding till date: $2.5M
- Employee Count: 11 - 50 as on Mar 01, 2026
- Investors: Startup Autobahn, Benhamou Global Ventures and 10 Others
- Latest Funding Round: Grant (prize money), Oct 29, 2019, $*****
CarStudio's Year-on-Year Investment Trends
Its most recent first time investment was in CARFIT.CarStudio's Investments by Stage
CarStudio has made 2 investments in Seed stage with an average round size of $2M.CarStudio's Investments by Sector
CarStudio has a diverse portfolio, with companies operating in the Auto Tech, Consumer, Enterprise Applications, FinTech and Internet of Things - Industry Applications. Notably, it has invested in 7 Tech companies, 5 Consumer (B2C) companies, 4 Software companies and at least 2 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Auto Tech | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
FinTech | 1 |
Internet of Things - Industry Applications | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
CarStudio's Investments by Geography
CarStudio has made most investments in Luxembourg (1), followed by United States where it has made 1 investment.CarStudio's recent investments
CarStudio has not made any investment in 2026 so far.Here are the most recent investments by CarStudio:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 16, 2018 | United States | Seed | 8961 | ||
Jan 29, 2018 | Luxembourg | Seed | 8593 |
Co-investors of CarStudio
Over the past 8 years, 10 investors have co-invested in CarStudio's portfolio companies. This includes funds and angels.
- Top Co-investors of CarStudio: 6 investors entered a company along with CarStudio. These include investors like Norauto (1 company).
- Invested after CarStudio: A total of 4 investors have invested in CarStudio's portfolio after their investments. Top Investors include Edenred (1 company) and ZF (1 company).
Recent News related to CarStudio
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Carfit Drives Off With Seed FundingPE Hub•Oct 16, 2019•CARFIT, CIC Capital, Plug and Play Tech Center, Benhamou Global Ventures and 4 others
