WayraTelefónica’s Open Innovation Initiative, invests in Cafler to drive its national and international development and growthPart of a seed round of €8 million.
Cafler, founded by Ricard Guillem and Íñigo Diego, is an application that facilitates the management that vehicle users may need, both individuals and professionals. To do this, companies can offer the full range of services that a vehicle needs throughout its life cycle, from maintenance, repairs or tire changes to any management such as insurance, administrative processes, etc.
Cafler has raised almost 10 million euros since its founding
Cafler has raised almost 10 million euros since its founding. In addition to Wayra, this latest seed round led by Seaya Ventures also included investors such as Banco Sabadell, Encomenda, Dídac Lee, René de Jong and Jacky Abitbol, partner of Cathay Innovation.
Cafler offers its customers a platform with flexible and personalized interfaces according to the needs of each segment, allowing them to consume its services through its API or through integrations with its mobile application. Cafler is also developing fleet management software and a dashboard through which customers can view all of their vehicle data.
For Ricard Guillem, founder of Cafler: “Data is the backbone of our platform. We have created a robust data lake and integrated artificial intelligence and machine learning tools that allow us to provide our users with a more proactive experience, such as: predictive maintenance, personalized cross-selling suggestions, and visualization of relevant information at all times..
Marta Antúnez, Director of Wayra Barcelonamention, that: “Cafler is a platform that transforms and digitizes the large service sector around the vehicle, a still traditional and atomized sector where we believe there is a great opportunity to improve the user experience and provide more data transparency, more convenience and more access “at the best prices.” On the other hand, Antúnez believes that “there are very interesting synergies with Telefónica’s commitment to the mobility sector and with the services of Movistar Car and Movistar Car Protect, so we are pleased to be a strategic partner to include them in our portfolio and to accompany them in their expansion and growth.
Cafler works with major customers including brands such as Renault, Tesla, Virtuo, Hertz, Michelin, Sixt, Turo, Norauto, Feuvert and others. The company has delivered nearly 150,000 services since its founding just a year and a half ago and is now available in three regions where it has achieved operational profitability and is growing at triple digits annually.