# Vay

**Source:** https://www.startuphub.ai/startups/vay
**Profile type:** Startup

> Remote-controlled car rental service for affordable, door-to-door mobility.

## About

Vay offers on-demand, driverless car rentals, delivering and parking electric vehicles remotely. Customers can rent cars by the minute or for the entire day, with options for self-pickup or delivery by a remote driver. This service aims to provide a more affordable and flexible alternative to ride-hailing for personal transportation needs.

## Key facts

- **Slug:** vay
- **Website:** https://vay.io/
- **Location:** Berlin, Germany
- **Founded:** 2018-09-01
- **Employees:** 212
- **Operating status:** Active
- **Total funding:** $619M
- **Sectors / tags:** Autonomous Vehicles, Mobility Tech, Remote Driving, Car Rental, Electric Vehicles, Transportation Technology, Logistics, Fleet Management, Mobility, Remote Operations, On-Demand Services
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/vaytechnology
  - Facebook: https://www.facebook.com/p

## Frequently asked

### What does Vay do?

Vay offers on-demand, driverless car rentals, delivering and parking electric vehicles remotely. Customers can rent cars by the minute or for the entire day, with options for self-pickup or delivery by a remote driver. This service aims to provide a more affordable and flexible alternative to ride-hailing for personal transportation needs.

### What is Vay's revenue?

StartupHub estimates Vay's annual revenue at $49.9M (range $31.3M to $305.1M, 67% confidence), based on comparable companies in the sector.

### What is Vay's valuation?

StartupHub estimates Vay's effective valuation at $2.2B (range $1.5B to $3.7B, 20% confidence), based on comparable companies in the sector.

### How much funding has Vay raised?

Vay has raised a total of $619M in funding. The most recent round on record is Strategic Investment.

### Where is Vay headquartered?

Vay is headquartered in Berlin, Germany.

### When was Vay founded?

Vay was founded in 2018.

### What industry does Vay operate in?

Vay operates in Autonomous Vehicles, Mobility Tech, Remote Driving, Car Rental, Electric Vehicles, Transportation Technology.

### How many employees does Vay have?

Vay has approximately 212 people on record.

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