Led · Series A · Feb 2022

UFODrive is an all-digital, all-electric car rental company operating an end-to-end e-mobility SaaS platform. Founded in 2018 by Aidan McClean and Renaud Marquet and based in Luxembourg, it offers an app-controlled two-minute 'arrive and drive' digital experience with no keys, paperwork, or queues. The platform provides fleet management and AI-driven tools for charging, optimal fleet utilisation, and telematics; UFODrive also added home delivery and subscription services to its rental offering. Its services are available in 18 locations across nine countries, and the company reports sustained growth through the pandemic. UFODrive says it positions itself as a premier operating system for electric fleets and serves a growing list of high-profile mobility companies. The company plans to use new capital to accelerate product development and expand globally, with a particular focus on the US market. UFODrive develops an app that enables fast, keyless and paperless electric car rentals with no queues, paperwork, fuel or emissions. Founded in 2018 by Aidan McClean and Renaud Marquet and based in Luxembourg, the company operates 17 rental hubs and an all-electric fleet across eight European countries. Its customers benefit from access to a network of 140,000 chargers across Europe. UFODrive has integrated what3words for precise charger locations, announced cooperation with Sono Motors to add the solar Sion to its fleet, and partnered with Ark2030 to plant trees via ArkPoints earned by customers. Despite the COVID-19 crisis the company increased its business by 108% and has continued to expand its fleet and rental locations. UFODrive plans further geographic expansion, aims to increase its fleet, and intends to start operations in the US.

Led · Series B · Apr 2016

Luxe operates an on-demand valet service that pays valets to be stationed throughout major U.S. cities, ready to park cars on a moment’s notice. The service is currently offered in six cities: San Francisco, Los Angeles, Seattle, Austin, Chicago and New York. Luxe confirmed a $50 million Series B investment from Hertz, a deal intended to provide capital for its high-cost, operations-heavy model. The company says it will use the capital to invest in valet operations, product and engineering teams and to introduce new services that complement its current parking and car offerings. Luxe and Hertz intend to develop integrated services that can be offered to Hertz customers, and Hertz CEO John Tague will join Luxe’s board. The strategic investment is intended to help Luxe scale its footprint to other major urban centers. Luxe operates a mobile app that lets users hail valets on demand, have cars parked at partner garages, and request returns to a designated spot. Users typically mark where the car should be picked up and request returns 10–15 minutes ahead of time. The company reports strong early traction: 60% of customers are repeat users who use the service two to three times per week, primarily commuters. Luxe is available in San Francisco and Los Angeles and only launched in October. The company plans to expand to new cities and release an Android app while broadening availability on additional devices. Luxe has raised institutional capital to support that expansion and growth in operations. Luxe operates an on-demand iOS app that summons a personal valet to meet users, take their keys, and park their cars in partnered garages and lots across San Francisco. Users see a valet profile, estimated arrival time, and can call or text their valet; valets wear a custom light-blue uniform and Luxe says they are trained and vetted. The service is priced at $5 per hour with a $15 daily maximum and is covered by a $1M general liability insurance policy. Luxe currently focuses on evenings and business/date-night use cases in neighborhoods like SOMA and the Mission. Overnight parking is not yet supported but the company says there has been demand for that feature and it may be added in the future. Luxe raised a $5.5M seed round from a group of venture firms to support its San Francisco operations.