CarCloud

About

CarCloud operates a web platform combining vehicle, driver, and behavioral data with industry insights to provide cost tracking, finance management, insurance shopping, compliance, and lifecycle cost comparisons.

Mission

CarCloud operates a web and app platform that blends vehicle, driver and behavioural data with car-industry insights to save drivers time and money and to drive improved environmental outcomes. The platform offers cost tracking, finance management, insurance shopping, and reminders for MOT, tax, and insurance deadlines while handling the complexities of car-related finances for users. CarCloud emphasises digital convenience and helping users understand the financial benefits of reducing their environmental impact. The company says it is developing a pipeline of features for both B2B and B2C markets, including B2B risk reduction and compliance and whole-life cost comparisons. CarCloud completed a Seedrs investment round, raising £425,000 and exceeding its £325,000 target. That round closed at a post-money valuation of £6.82 million after due diligence by Seedrs.

Quick Facts