Carvolution

What Carvolution does

Carvolution AG is a Switzerland-based digital car subscription operator founded in 2016 and headquartered in Bannwil, with a secondary consultation office in Zurich. The company operates a direct-to-consumer platform through which individuals and small businesses configure and subscribe to vehicles on flexible terms ranging from 3 to 48 months, with customisable monthly kilometre packages from 350 to 3,250 km. The offering is structured as a single all-inclusive monthly fee covering insurance, registration, taxes, service, maintenance, tyres, motorway vignette, and a fuel or EV charging card, eliminating the administrative complexity of traditional ownership or leasing. A proprietary mobile application on iOS and Android supports subscription management, and a partner network of brand-authorised garages across Switzerland handles service delivery.

The core product is supported by an ecosystem of strategic partnerships: Mobiliar provides bundled insurance, AVIA delivers discounted fuel across 500+ Swiss stations, and MOVE grants access to 350,000+ EV charging points across Switzerland and Europe. The fleet catalog spans 65+ models across 18+ brands including ICE, hybrid, plug-in hybrid, and fully electric powertrains from European, American, and Chinese OEMs. Carvolution monetises primarily through monthly recurring subscription fees, with secondary revenue from optional down payments, excess mileage charges, end-of-term vehicle buyouts (offered at a CHF 390 discount to former subscribers), and the sale of used vehicles through wholly-owned subsidiary Farie AG. The business has scaled through multiple equity rounds — most recently a CHF 16.2 million Series D in October 2022 led by Redalpine — and a CHF 200 million asset-backed debt facility in January 2024 led by Barclays and Waterfall Asset Management, one of the largest startup financing transactions in Swiss history, earmarked for fleet expansion.

Name

Carvolution

Legal name

Carvolution AG

Website

https://carvolution.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Carvolution AG operates Switzerland's leading all-inclusive digital car subscription platform, serving individual consumers and SME fleets across all Swiss cantons with 65+ models from 18+ brands on flexible 3-48 month terms.

Ownership category

akta.pro rank

Product category

Car Subscription Services

NAICS

Passenger Car Rental (532111), Automotive Equipment Rental and Leasing (5321)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

All-Inclusive Subscriptions (Insurance, Maintenance, Roadside, Registration) (THADACAE)

akta.pro secondary industries

Long-Term / Fixed-Term Car Subscriptions (6–36 months) (THADACAD), Flexible-Term / Month-to-Month Car Subscriptions (THADACAC), Vehicle Subscription Services (All-Inclusive, Flexible Term) (TLABAAAE)

Keywords

• Car subscription services
• All-inclusive vehicle leasing
• Monthly car mobility
• Used car marketplace
• Fleet subscription platform

Headquarters

HQ city

Bannwil

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Car Subscription Fees: Monthly recurring subscription fees for car subscriptions ranging from 3 to 48 months. All-inclusive pricing covers vehicle, insurance, registration, taxes, service, maintenance, tyres, and other extras. Customers can choose flexible duration and kilometre packages. Additional revenue comes from down payments, excess mileage charges, and optional insurance products.
2. Car Sales (Carvolution Outlet): Sale of subscription vehicles to customers who choose to purchase their car at the end of the subscription period, or sale of other used vehicles through the Carvolution Outlet platform. Includes CHF 390 discount on purchase price for former subscribers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Carvolution offers all-inclusive monthly car subscriptions in Switzerland, bundling the vehicle, comprehensive insurance, registration, taxes, service, maintenance, tyres, motorway vignette, and a fuel or charging card into a single monthly fee. Subscriptions are available for 65+ new and like-new models from multiple brands (Opel, Toyota, Peugeot, Fiat, BMW, Tesla, Volvo, Audi, VW, Polestar, etc.), with flexible terms from 3 to 48 months and customisable kilometre packages from 350 to 3,250 km/month. Customers can additionally purchase the vehicle at the end of the subscription (with a CHF 390 former-subscriber discount) or buy used cars via the Carvolution Outlet / Farie AG marketplace.

Product overview

Carvolution operates as Switzerland's leading car subscription platform offering a unified all-in-one subscription service covering insurance, registration, taxes, tyres, service, and maintenance. The core offering is the Car Subscription product with 65 available vehicles spanning multiple brands (Opel, Toyota, Peugeot, Fiat, Jeep, Audi, BMW, Volvo, Tesla, Polestar, VW, Cupra, Skoda, Mini, Kia, BYD, Leapmotor, Zeekr, Alfa Romeo) across categories including compact cars, SUVs, sedans, wagons, and vans, with fuel types including gasoline, diesel, mild-hybrid, full-hybrid, plug-in hybrid, and fully electric. The subscription is supplemented by the MOVE Charging Card add-on for EV owners providing access to 350,000+ charging points, a Best Price Guarantee comparing against leasing costs, and a Buyout Option allowing purchase at subscription end. The company also operates a used car marketplace through its subsidiary Farie AG, offers a mobile app for subscription management, and provides dedicated business fleet solutions. Flexible terms range from 3 to 48 months with customisable kilometre packages.

Differentiator

Problem solved

Functional benefit

Products and services

• Car Subscription All-inclusive monthly car subscription covering the vehicle, comprehensive insurance, registration, taxes, tyres, service, maintenance, motorway vignette, and a fuel or charging card in one monthly fee. Available across 65+ new or like-new models (Opel, Toyota, Peugeot, Fiat, BMW, Tesla, Volvo, Audi, VW, Polestar, etc.) in gasoline, diesel, mild-hybrid, full-hybrid, plug-in hybrid, and full-electric variants, with flexible 3-48 month terms and 350-3,250 km/month packages. For Swiss private individuals and small/medium enterprises seeking an alternative to ownership or leasing.
• Business Fleet Subscriptions Dedicated subscription solution for Swiss KMU and business customers, providing flexible fleet subscriptions from 3 to 48 months with customisable 350-3,250 km/month kilometre packages and all-in-one coverage including insurance, taxes, service, tyres, and canton registration. Targets SMEs needing fleet vehicles without capital tied up in owned cars.
• MOVE Charging Card Charging card for electric vehicle subscribers providing access to over 350,000 charging points across Switzerland and Europe through partnership with the MOVE charging network. Includes a free 6-month MOVE comfort subscription with preferential rates (CHF 0.46/kWh AC, CHF 0.59/kWh DC), after which subscribers can continue at CHF 4.90/month or switch to MOVE light free of charge. For EV subscribers of the Carvolution subscription service.
• Carvolution Outlet (Used Car Sales) Sale of subscription vehicles (or other used vehicles) to customers, particularly former Carvolution subscribers who choose to purchase their car at the end of the subscription period. Operated as an online used-car marketplace through wholly-owned subsidiary Farie AG, providing CHF 390 discount on purchase price for former subscribers. For Swiss consumers looking to purchase a used car previously offered on subscription.

Quantifiable outcome

• Subscriptions typically 100-1,500 CHF/month cheaper than equivalent leasing arrangements
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• MobiliarcoreStrategic or Co-development PartnerMobiliar is Carvolution's insurance partner, providing comprehensive insurance coverage for all subscription vehicles. Both third-party and fully comprehensive insurance are included in the subscription. Customers can choose their deductible for fully comprehensive damage between CHF 250-1,000. Optional insurance products include parking damage insurance and traffic legal protection insurance.
• AVIAminorStrategic or Co-development PartnerAVIA is the fuel card partner, offering Carvolution subscribers discounted fuel at over 500 AVIA stations in Switzerland (5 centimes less per litre). Subscribers can also choose to offset CO2 emissions for free through this partnership.
• Move/MOVE charging networkcoreTechnology or IntegrationMOVE (move.ch) is the electric vehicle charging network partner, providing Carvolution's EV subscribers with access to over 350,000 charging points across Switzerland and Europe. Subscribers receive a free 6-month MOVE comfort subscription and reduced charging rates (CHF 0.46/kWh AC, CHF 0.59/kWh DC). After the free period, MOVE comfort costs CHF 4.90/month or subscribers can switch to MOVE light free of charge.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Others

• AutoScout24: AutoScout24 is the largest online vehicle marketplace in Switzerland, including listings for new, used, and subscription vehicles. It is an indirect comparator and a potential partner for Carvolution's Farie AG subsidiary, and it influences price discovery for the used-car residual values Carvolution relies on.
• Autohero: Autohero is a European online used-car retailer (part of AUTO1 Group) that sells inspected used vehicles with delivery and returns. It overlaps with the Farie AG used-car marketplace within Carvolution's ecosystem and competes for the same Swiss consumer demand for used-car purchases with subscription origins.

Regional players

• Mobility CarSharing Switzerland: Mobility is the dominant carsharing cooperative in Switzerland, providing hourly and daily vehicle access to a large Swiss member base. It is a regional mobility alternative competing for the same Swiss customers evaluating subscription versus shared access, though its short-term usage model differs from Carvolution's longer subscriptions.

Broad incumbents

• BMW Subscription: BMW offers premium subscription programs in select European markets with bundled insurance, service, and flexible terms. It is a direct competing all-inclusive subscription product from an OEM with strong Swiss brand presence, exerting pressure on the high end of Carvolution's pricing range.
• Mercedes-Benz Collection (Mercedes-Benz Abo): Mercedes-Benz offers subscription-based vehicle access products in several European markets, bundling insurance, maintenance, and roadside into monthly fees. As a premium OEM subscription competitor, it is directly relevant to Carvolution's positioning in the Swiss upper-mid and luxury tier.
• Audi Abo (Audi Subscription): Audi offers subscription-style monthly vehicle access products in European markets, often distributed through dealer partners. As another OEM-backed entrant with premium positioning, it competes for the same upper-tier Swiss customers comparing Carvolution's Volvo, BMW, and Audi listings.
• Care by Volvo: Care by Volvo is Volvo Cars' own all-inclusive subscription product bundling vehicle, insurance, maintenance, and roadside into a monthly fee. As an OEM-backed offering with captive financing, it represents the type of manufacturer-led subscription Carvolution competes against despite its brand-agnostic positioning.
• Sixt Unlimited / Sixt+: Sixt is a major European rental and leasing company that has expanded into longer-term subscription-style products under Sixt Unlimited and Sixt+. While its core rental business is short-term, its subscription offerings compete with Carvolution on flexible, all-inclusive vehicle access across a multi-brand fleet.

Direct peers

• Like2Drive: Like2Drive operates a multi-brand car subscription service in Germany with all-inclusive monthly pricing covering insurance, taxes, and maintenance. It targets the same customer pain points as Carvolution — eliminating the complexity and inflexibility of traditional leasing — and competes head-to-head on bundled subscription economics.
• FINN.auto: FINN.auto is a German all-inclusive car subscription company offering flexible terms, bundled insurance, and registration on a multi-brand fleet. It is the closest direct peer to Carvolution in continental Europe, with a similar digital-first D2C model and focus on replacing traditional leasing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/carvolution_ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carvolution