Drivana has secured USD 1 million in seed funding, led by Grupo Felni, to revolutionize the car rental industry in Latin America with its peer-to-peer marketplace model.
Information on the Target
Drivana, a startup recognized as the "Airbnb for cars," has successfully secured seed funding of USD 1 million, led by Grupo Felni. The funding round also saw participation from notable investors such as Movtech Capital, Nut VC, Ferter VC, RC Ventures, Arkangeles, and various angel investors.
Founded in 2023 by Edson Arteaga, Drivana connects vehicle owners with users through a peer-to-peer marketplace. This innovative business model offers an accessible, flexible, and transparent alternative to traditional car rentals. Currently, Drivana operates in five key cities in the region, boasting thousands of listed vehicles ranging from sedans to luxury cars.
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Industry Overview in the Target’s Specific Country
The car rental industry in Latin America has historically faced challenges such as high costs, limited accessibility, and opaque pricing structures. These factors have made it difficult for many potential users to
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Grupo Felni
invested in
Drivana
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $1M