Avrios has raised CHF 14 million by investiere, Lakestar, Notion Capital, Swisscom Ventures, Edenred Capital Partners and Columbia Lake. investiere contributed CHF 0.9 million in this round.

Avrios, which has built a comprehensive software platform that works as a central repository for car fleet data. It is a cockpit from which a company’s mobility needs can be effortlessly steered. The EUR 60 billion that European businesses spend on cars is expected to shift rapidly to new mobility options such as car-sharing, electric vehicles, rental cars and mobility as a service. Avrios facilitates this transition for corporate customers, which can respond to their employee’s expectations and efficiently manage their mobility spendings. With its superior offering, Avrios has already won more than 800 corporate customers in Europe and manages mobility spending of around EUR 1 billion. “We have anonymized data on more than 90’000 cars”, says co-founder Robin Guldener in our interview. 

“Avrios has a strong value proposition and a first-mover advantage to capture the multi-billion dollar fleet management market that currently relies on outdated tools”, says Michael Blank from investiere.

The company is headquartered in Zurich.

The funding will allow Avrios to develop new products such as the Avrios Fleet Management academy or bespoke transportation solutions that companies can offer to their employees.