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UFODRIVE

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UFODRIVE is the future of car rental. Digital & Electric. Radically better.

135%
 - 
Closing soon
£1,500,000 target
£2,030,920 from 977 investors
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Business overview

Location Luxembourg, Luxembourg
Social media
Website www.ufodrive.com/en/
Sectors Automotive & Transport Digital Mixed B2B/B2C
Company number B221549
Incorporation date 30 Jan 2018
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Investment summary

Type Convertible
Discount 30%
Tax relief N/A
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Business highlights

  • 8 Countries & 17 Locations open in just 2 years
  • Highest Net Promotor Score of car rental globally
  • Significant customer growth
  • Delivered by a Unique eMobility SaaS platform
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Key features

  • Secondary Market
  • Seedrs nominee min. £20.00 +
  • Direct investment min. £25,000.00 +

Learn more about convertible campaigns.

Idea

Introduction

UFODRIVE is a world leading fully sustainable car rental company. We go beyond Net Zero emissions by operating a 100% clean fleet plus making contributions, via Ark2030, to help global environment regeneration.

We set out to radically improve car rental and accelerate the transition to electric mobility.

We eliminated everything you don’t like about renting a car and re-invented a fully customer-focused experience that is 100% digital, 100% electric and we believe, better on every level.

No more queues, poor service, confusing options or polluting emissions. Instead, you get premium electric cars, in prime locations, with a simple & transparent app-based rental process that eliminates all the usual hassle.

We’re already in 17 locations and 8 countries in just two years, expanding further with a growing community of loyal, repeat customers and poised to disrupt the $130bn rental market.

Even better, everything we do for individual customers, we make available as a SaaS for Fleet users through our unique next generation EV Mobility Platform.

The world is going electric and we are at the leading edge of this mobility revolution.

We’re ready to go exponential.

Monetisation strategy

We have two main revenue streams:

1. Rental - Direct rental revenue from our locations. We already have a well-established network of 17 prime locations across 8 countries. New locations can bring in revenue from day 1.

2. SaaS Platform - Implementation & subscription fees for new and existing customers. Targeted customers are companies, fleet operators, shared fleets, last mile operators, etc. Basically anyone who has realised that the clock has already started ticking on the de-carbonisation of mobility and looking to quickly convert to or scale up electric fleets.

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Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.
This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.
Valuation rounded from Convertible

Pitch type

There are 4 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • Secondary

Investing in a convertible campaign allows you to invest today, with your investment converting into equity in the future, at a discount compared to other investors.

Learn more about pitch type on Seedrs.

Seedrs nominee

This shareholding type is available with this raise.

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Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

This shareholding type is available and the minimum investment required to select it.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.