When was Carvolution founded?

Carvolution was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Carvolution located?

Carvolution is headquartered in Aarwangen, Switzerland.

How many employees does Carvolution have?

As of May 31, 2026, the latest employee count at Carvolution is 71.

Is Carvolution a funded company?

Carvolution is a funded company, having raised a total of $44.2M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 12, 2019.

When was the latest funding round of Carvolution?

Carvolution's latest funding was a $***** Conventional Debt round on Jan 23, 2024, with participation from 2 investors.

Where does Carvolution rank among its competitors?

Carvolution ranks 1st amongst 4 active competitors, only 1 of which is funded. Carvolution, which secured $227M in Jan, 2024.

Who are the top competitors of Carvolution?

Carvolution's top competitors include CARIFY, UPTO and Clyde Mobility. Among them, Carvolution secured the most recent funding round in January, 2024.

Carvolution - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.carvolution.com/en
Social
Email ID: *****@carvolution.com
Phone Number: +49 **********

Key Metrics

Founded Year

2018

Location

Aarwangen, Switzerland

Stage

Series D

Total Funding

$44.2M in 6 rounds

Latest Funding Round

Conventional Debt, Jan 23, 2024, $*****

Investors

Redalpine & 11 more

Ranked

1^st among 4 active competitors

Employee Count

71 as on May 31, 2026

Investment & Acquisitions

Farie

Similar Companies

Carbar & 138 more

View Carvolution's full profile

Carvolution has raised a total funding of $44.2M over 6 rounds. Its first funding round was on Feb 12, 2019. Its latest funding round was a Conventional Debt round on Jan 23, 2024 for $*****. 2 investors participated in its latest round. Carvolution has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Carvolution:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 23, 2024	5912190	Conventional Debt	8403158	5072710	5690330	4946056
Jul 26, 2023	1579974	Conventional Debt	7600614	1048163	4393813	Zuger Kantonalbank
Oct 13, 2022	7111373	Series D	8359207	4671837	Redalpine	Die Mobiliar & 2 more

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View details of Carvolution's funding rounds and investors

The founders of Carvolution are Luis Wittwer and Léa Miggiano. Olivier Kofler is the CEO of Carvolution.

Here are the details of Carvolution's key team members:

Luis Wittwer: Co-Founder & COO of Carvolution.
Contact Info: 1 email address
Léa Miggiano: Co-Founder of Carvolution.
Olivier Kofler: CEO of Carvolution.
Contact Info: 1 email address

View details of Carvolution's Founder profiles and Board Members

Carvolution's employee count trend

Carvolution has 71 employees as of May 26. Here is Carvolution's employee count trend over the years:

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Top competitors of Carvolution include CARIFY, UPTO and Clyde Mobility. Here is the list of Top 10 competitors of Carvolution, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carvolution 2018, Aarwangen (Switzerland), Series D	Provider of car subscription services	$44.2M	Redalpine, Waterfall & 10 others	42/100
2nd	CARIFY 2000, Zurich (Switzerland), Funding Raised	Online subscription-based platform for cars	-	ACE Ventures, ACE & Company & 3 others	30/100
3rd	UPTO 2018, Volketswil (Switzerland), Funding Raised	Online car subscription platform	-	-	29/100
4th	Clyde Mobility 2019, Zurich (Switzerland), Unfunded	Provider of all-inclusive electric car subscriptions with insurance, taxes, and service	-	-	16/100