Invygo

Invygo

Private
Dubai, DubaiMobility, Transportation & Logisticshttps://www.invygo.com

Last Round

Series A

Extension

Oct 23, 2024

Total Funding Raised

$21.9M

Momentum Score

25 /100

Company Overview

Invygo is a technology company that operates an app-based car subscription platform, primarily serving the Middle East. Founded in 2018 and headquartered in Dubai, the company provides a flexible alternative to traditional car ownership and rental. Customers can subscribe to a car on a monthly basis through the app, with the subscription fee covering insurance, maintenance, and roadside assistance. The platform offers the ability to choose specific car models, swap cars, or pause subscriptions. Invygo also provides a 'Subscribe to Own' service. The company is venture-backed, having raised over $22 million in funding, and has expanded its operations from the UAE to Saudi Arabia.

Sector

Mobility, Transportation & Logistics

Verticals

Subscription Commerce, Car Sharing, Lending & Credit, Mobile Commerce

Business Model

B2C

Customer Profile

Hardware + Subscription

AI Layer

Non-AI

Keywords

car subscriptionvehicle subscriptionsubscribe to ownrent-to-own carcar on demandmobility as a serviceMaaScar leasing alternativeflexible car rentalcar marketplacecar sharingasset-light modelB2B car subscriptionfleet managementgig economy drivers

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Caplight Momentum Score

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Invygo Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Invygo Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionOct 23, 2024
Series AOct 31, 2022
SeedAug 17, 2021
SeedMay 12, 2020
SeedNov 27, 2019

Key People

Founding team and executive leadership

Pulkit G.

Co-Founder Chief Data Officer

Founding Team

Eslam Ahmed Hussein

Co-Founder CEO

Founding Team

Invygo Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 3, 2026

    Now using Checkout.com for customer transactions.

  • Mar 3, 2026

    Operations now span UAE, Saudi Arabia, and Qatar, with offices in Riyadh and Cairo.

Invygo Filings

SEC and related filings with document metadata.

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Invygo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersDubai, Dubai
Employee Range127
Year Founded2018
Last FundingOct 23, 2024

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