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Lithuanian Sigvi secures €1.2 million to automate operations for independent car rental fleets
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Vilnius-based Sigvi has secured €1.2 million in pre-seed funding to expand its AI-powered car rental automation platform and accelerate its international growth.
Sigvi develops AI software for the car rental industry.
Rather than owning vehicles, Sigvi aggregates cars from independent fleet operators and private owners and automates the entire rental lifecycle.
Meanwhile, thousands of quality vehicles owned by independent operators sit idle because they lack the technology to reach those customers.
“We see a clear path for Sigvi to become the digital infrastructure layer for independent car rental across Europe.”