Vehicle expressA Helsinki-based logistic startup, a quick, more expensive cross-border, has successfully turned off a 920K pre-bees fund to advance its solution to supply used cars.
The round was led by Innorest and Trind Ventures, Wave Ventures and Ziri Heinonnen (co-founder of the Alabadal), Ekterina Gianlli (formerly-informed partner), and Tony Hankannn (Expensions Tim Olt).
Matias BlombergFounder and CEO of the vehicle Express have imagined a future where the company leads the European inter -bound automotive logistic market: “Our goal is to create a pause, reliable and scleble logistic system for transporting cars. By doing this, we not only help dealerships to increase their profit but also to modernize the entire process of transportation to meet today’s needs.
“Our final aspect is to be able to supply vehicles across the boundary in just a few days of setting up a European-wise driver network, ensuring fast and more efficient supplies for the entire continent.”
Matias Blomberg and it founded by Vasala in 2021, earned the vehicle Express technology and a driver-based network, reduced the delivery time from an average of 10-30 days to 2-5 days.
According to the vehicle Express, the car dealerships used to lose significant profit due to the long delivery time, the vehicle’s price depreciation, the capital and slow stock turnover cost $ 50-€ 100 per day.
In just one year, the company has grown more than € 150K from zero income in the monthly turnover with Finland’s largest used car dealership, which is more than 70% of the imported vehicles.
With more than 1,500 successful distribution of over 300 qualified driver’s network, the vehicle Express is on the verge of expanding operations in Germany and other countries in 2025.
Petri lineInnovestor’s partner has highlighted the growing demand for the company’s proficiency and rapidly used car supply: “The car market used in used vehicles is increasing rapidly, demand is increasing and customers are expected to match their needs and expect cars, the vehicle Express has identified this rapid growing requirements and introduced an innovative solution with outstanding death sentence. We truly believe in the possibility of a company to become the main player in transforming the Logistic Market in Europe’s multi-billion-euro. “
Rima Castle flowPartner in Trind Venture, also connected: “I was on the first Vehicles Express Team when they were in the Ignite Acceleration Program run by Alto S. Then, I have already noticed their drive and view determination determination and decided that it is a team to keep an eye on it. They have moved from that project to the vehicle Express and see what they were able to make in the company’s first days that my faith confirms that it is a team that can truly implement. “
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