Invygo - About the company
Invygo is a series A company based in Dubai (United Arab Emirates), founded in 2018 by Eslam Hussein and Pulkit Ganjoo. It operates as a Provider of subscription services for short-term and monthly car rentals. Invygo has raised $22.2M in funding from investors like Class 5, Middle East Venture Partners and Signal Peak. The company has 6 active competitors, including 3 that are funded. Its top competitors include companies like Carasti, Otto and Swapp.
Company Details
Provider of subscription services for short-term and monthly car rentals. The company offers options for flexible plans with insurance and maintenance included. Customers can create an account, select a vehicle and plan, and upload documents to subscribe. Traffic fines, parking fees, car damage, and toll charges are not included in the subscription.
- Website
- www.invygo.com/en-ae
- Social
- Email ID
- *****@invygo.com
- Phone Number
- +971 **********
Key Metrics
Founded Year
2018
Location
Dubai, United Arab Emirates
Stage
Series A
Total Funding
$22.2M in 6 rounds
Latest Funding Round
Ranked
1st among 6 active competitors
Employee Count
125 as on Jul 31, 2026
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Invygo's funding and investors
Invygo has raised a total funding of $22.2M over 6 rounds. Its first funding round was on Nov 2018. Its latest funding round was a Series A round on Oct 23, 2024 for $*****. 6 investors participated in its latest round. Invygo has 21 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Invygo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 23, 2024 | 5698965 | Series A | 2185896 | 7586105 | 4140631 | 2346055 |
Oct 31, 2022 | 2061018 | Series A | 8054451 | 5269969 | 1414766 | |
Aug 17, 2021 | 7108494 | Seed | 4906302 | 2502559 |
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Invygo's founders and board of directors
Founder? Claim ProfileHere are the details of Invygo's key team members:
- Eslam Hussein: Co-Founder & CEO of Invygo. Contact Info: 1 email address and 1 phone number
- Pulkit Ganjoo: Co-Founder of Invygo. Contact Info: 1 email address
View details of Invygo's Founder profiles and Board Members
Invygo's employee count trend
Invygo has 125 employees as of Jul 26. Here is Invygo's employee count trend over the years:
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Invygo's Competitors and alternates
Top competitors of Invygo include Carasti, Otto and Swapp. Here is the list of Top 10 competitors of Invygo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Invygo 2018, Dubai (United Arab Emirates), Series A | Provider of subscription services for short-term and monthly car rentals | $22.2M | 59/100 | |
2nd |  Carasti 2019, Dubai (United Arab Emirates), Seed | App based car subscription platform | $5M | 51/100 | |
3rd |  Otto 2023, Dubai (United Arab Emirates), Unfunded | App-based subscription platform providing cars | - | - | 40/100 |
4th |  Swapp 2020, Dubai (United Arab Emirates), Seed | Online platform offering car subscription services | - | 35/100 | |
5th |  Swapp 2020, Dubai (United Arab Emirates), Unfunded | Provider of short-term car rental subscriptions with delivery and return options | - | - | 29/100 |
6th |  Selfdrive 2016, Dubai (United Arab Emirates), Unfunded | App-based vehicle subscription platform | - | - | 24/100 |
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Invygo's Investments and acquisitions
Invygo has made no investments or acquisitions yet.
Reports related to Invygo
Here is the latest report on Invygo's sector:
News related to Invygo
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invygo pursues profitability after raising $8 million Series A extensionWamda•Oct 23, 2024•Invygo, STV, AlRajhi Partners, Arab Bank and 2 others
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Car subscription app invygo raises $10mArab News•Nov 01, 2022•Invygo, Middle East Venture Partners, AlRajhi Partners, Arab Bank and 3 others
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invygo raises $10mln Series A round led by MEVPZawya•Oct 31, 2022•Invygo, Middle East Venture Partners, AlRajhi Partners, Arab Bank and 6 others
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Middle East car subscription start-up Invygo raises $1.9mThe National•Aug 17, 2021•Invygo, Signal Peak, Jahangir Siddiqui, Wealth Well and 1 other
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Dubai's Invygo raises $1 million Pre-Series A for its car subscription platformMENAbytes•May 12, 2020•Invygo, EQ2 Ventures, Class 5, 500 Global
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Dubai-based car subscription startup Invygo raises $1 million seed, plans expansion to Saudi & BahrainMENAbytes•Nov 27, 2019•Invygo, Class 5, EquiTrust Life Insurance, GII and 1 other
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