Vecttor

What Vecttor does

Vecttor is a Spanish private fleet operator specializing in VTC (Vehículo de Transporte con Conductor / Vehicle-Transportation-with-Driver) services and the operator of the largest professionalized VTC fleet in Spain. Established in 2013 and legally registered as Vector Ronda Teleport S.L. (CIF B87218723), the company is headquartered in Madrid and manages a fleet of more than 4,000 professional drivers across five major Spanish cities: Madrid, Barcelona, Valencia, Sevilla, and Málaga. Vecttor positions itself as "la flota más profesional del sector VTC" (the most professional fleet in the VTC sector) and focuses exclusively on contracted, full-time driver employment rather than independent owner-operator models common in the broader Spanish VTC market.

The company's core offering is the recruitment, training, credentialing, and management of a driver workforce operating under fixed-term employment contracts from day one. Vecttor supplies drivers with eco-labeled company vehicles (96% of the fleet carries ECO or CERO environmental labels, including electric models such as the Polestar 2, Tesla Model 3, Hyundai Ioniq, Kia e-Niro, Nissan Ariya, Mercedes-Benz EQV, and BYD Seal), guarantees a base monthly salary of €1,100–€1,600 plus variable commissions and a €6 minimum per trip, and provides onboarding training, mentorship from senior drivers, 24/7 Driver Care support, and ancillary benefits such as physiotherapy and telemedicine. The fleet is electrifying aggressively — through subsidiary Cab Car Madrid S.L., Vecttor acquired 1,813 new BEV and PHEV vehicles under the EU-funded Plan Moves Flotas program for €4.55M, supported by a €293,600 government subsidy. Adjacent to its core VTC operation, the company has launched Asset Sharing, a station-free motorcycle mobility service in Madrid, Málaga, Sevilla, and Valencia. Operations are ISO 9001 and ISO 14001 certified for "Alquiler de vehículos con conductor."

Vecttor generates revenue by retaining a share of trip revenue from each Cabify booking fulfilled by its drivers, structured as a transaction-based / take-rate model. Drivers earn a fixed monthly salary plus variable commissions and customer tips, and Vecttor captures the fleet-operator margin on each completed ride. All 4,000+ drivers operate exclusively through the Cabify app — Vecttor has no direct end-consumer distribution channel, no proprietary app, and no API; Cabify handles customer acquisition, dispatch, pricing, and payment. Pricing for end riders is set within the Cabify app (distance- and time-based, with service tiers including Plus and Cabify Corporate). The company sells primarily against professional drivers (its hiring motion) and against Cabify as its enterprise counterparty — not against end-riders — via its website, LinkedIn Jobs, InfoJobs, and employer branding campaigns highlighting driver testimonials and career progression pathways (e.g., driver-to-fleet-manager progression cases such as Román Abreu and Sergio Pardo).

Name

Vecttor

Legal name

Vector Ronda Teleport S.L.

Website

https://vecttor.es

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vecttor operates Spain's largest professional VTC fleet, managing 4,000+ employed drivers across Madrid, Barcelona, Valencia, Sevilla, and Málaga, dispatching all trips exclusively through the Cabify ride-hailing app and earning transaction-based revenue on each booking.

Ownership category

akta.pro rank

Product category

Ground Passenger Transportation (Ride-Hailing / VTC)

NAICS

Taxi and Ridesharing Services (48531), Limousine Service (485320), Support Activities for Road Transportation (4884)

SIC

Transportation Services (4700)

akta.pro primary industry

Taxi Dispatch & Fleet Management Operators (Radio/Call Center) (TLAFAHAG)

akta.pro secondary industry

Commercial Vehicle Rental with Driver (Crew/Delivery) (THADAJAL)

Keywords

• Ride-hailing fleet services
• Professional VTC drivers
• Urban passenger transport
• Electric mobility fleet
• Shared motorcycle mobility

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. VTC Transportation Services (Driver Commission/Revenue Share): Vecttor operates a fleet of professional drivers who provide ride-hailing transportation services through the Cabify platform. Revenue is generated through commissions from driver earnings. Drivers receive a fixed base salary plus variable commissions and tips, while Vecttor retains a share of trip revenue as the fleet operator. The company also benefits from high-volume, predictable demand through its exclusive Cabify integration.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Vecttor operates and manages a professional VTC (Vehículo de Transporte con Conductor) fleet of 4,000+ drivers and eco-labeled vehicles delivering on-demand passenger transportation services through the Cabify ride-hailing application across five Spanish cities (Madrid, Barcelona, Valencia, Sevilla, Málaga). The company recruits, employs, trains, and manages drivers under fixed-term contracts, supplies and maintains the vehicle fleet (96% ECO/CERO labeled, with an active electrification roadmap), and retains a share of trip revenue as the fleet operator while drivers receive a fixed monthly base salary plus variable commissions and tips.

Product overview

Vecttor operates as a professional VTC (Vehicle Transportation with Driver) fleet company, functioning as the largest professionalized fleet in Spain's VTC sector. The company operates through a partnership with Cabify's technology platform, providing pre-booked passenger transport services. Vecttor's portfolio consists of its core VTC fleet services featuring eco-labeled vehicles (CERO and ECO), a driver employment program that provides drivers with company vehicles and employment benefits, office team positions for operational support roles, and asset sharing services including shared motorcycles. The company maintains presence in five Spanish cities (Madrid, Barcelona, Valencia, Seville, and Malaga) with over 4,000 drivers.

Differentiator

Problem solved

Functional benefit

Products and services

• Vecttor VTC Fleet Services Core offering: pre-booked on-demand passenger transport with professional drivers in managed eco-labeled vehicles, dispatched exclusively through the Cabify mobile application. Service targets urban commuters, business travelers, airport transfers, and tourism/leisure trips. Operated by a fleet of 4,000+ drivers under fixed-term employment contracts.
• Asset Sharing — Motorcycle Mobility Station-free shared motorcycle mobility service operating in four Spanish cities, complementing Vecttor's core VTC fleet. Targets urban riders seeking short-distance personal two-wheeler mobility as an alternative to passenger transport.
• Driver Employment Program Structured program recruiting and onboarding individuals as employed professional VTC drivers, offering fixed-term contracts from day one, a monthly base salary of €1,100–€1,600 plus commissions and tips, a €6 minimum guaranteed income per trip, company vehicles, maintenance coverage, training, mentorship, and benefits (physiotherapy, telemedicine, free Cabify rides, partner discounts).
• Sustainable ECO and CERO Electric/Hybrid Vehicle Fleet Eco-labeled vehicle fleet deployed for VTC passenger transportation, featuring electric models (Polestar 2, Tesla Model 3, Hyundai Ioniq, Kia e-Niro, Nissan Ariya, Mercedes-Benz EQV, BYD Seal) and plug-in hybrids (Toyota Corolla, Ford Mondeo Hybrid, Lexus IS300h), supporting compliance with low-emission zones and positioning Vecttor for urban environmental regulations.

Quantifiable outcome

• 96% of vehicles carry ECO or CERO environmental labels, with a fleet electrification roadmap toward 100% electric
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• CabifycoreStrategic or Co-development PartnerVecttor operates as an exclusive fleet partner for Cabify, Spain's leading VTC (vehicle-for-hire) app. All Vecttor's 4,000+ professional drivers serve Cabify end customers exclusively. This is a mutually beneficial relationship: Cabify provides the technology platform, brand, and customer demand, while Vecttor provides the professionalized, managed driver workforce and fleet. Vecttor is connected to 'la app más segura del mercado' (the safest app on the market) and is backed by the Cabify brand and ecosystem.
• Plan Moves Flotas (Ministry for the Ecological Transition and Demographic Challenge / IDAE / EU NextGenerationEU)majorStrategic or Co-development PartnerVecttor, through its subsidiary Cab Car Madrid S.L., participated in the third call of the Plan Moves Flotas program, an initiative by Spain's Ministry for the Ecological Transition and Demographic Challenge, managed by IDAE and funded by EU NextGenerationEU. The project enabled the acquisition of 1,813 new 100% electric and plug-in hybrid vehicles (BEV and PHEV) as part of the fleet electrification strategy, with a total investment of €4,552,692.27 and a government subsidy of €293,600.
• Cab Car Madrid S.L. (Subsidiary)coreOthersCab Car Madrid S.L. is a subsidiary of Vecttor used to hold and operate VTC fleet assets, particularly for the Plan Moves Flotas electrification project. This subsidiary structure enables specialized fleet financing and compliance with government subsidy requirements.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Bolt: European ride-hailing platform operating in Spain with both independent-driver and fleet-supply models. Comparable as a demand-side counterpart that also competes for driver supply and platform-driven passenger mobility in Spanish cities.
• FreeNow: Joint BMW–Mercedes mobility super-app operating taxi and private-hire (VTC) services across Spain. Mirrors Vecttor's structure of coordinating licensed professional drivers through a dispatch platform under local regulatory frameworks.
• Carey International: Worldwide executive chauffeur and managed ground-transportation company operating company-employed drivers and owned vehicles. Comparable in employment model, sustainability initiatives, and premium/corporate positioning.
• Addison Lee: UK private-hire operator running its own fleet of professional chauffeur drivers, similar in vertical integration of fleet, drivers, and corporate-grade service levels. Closest structural analog to Vecttor outside Spain.
• Gett: On-demand ground mobility platform focused on corporate and professional drivers, with strong European (and Israeli) presence. Comparable model where licensed chauffeur drivers are dispatched via a tech platform for B2B and premium use cases.

Broad incumbents

• Europcar Mobility Group: Major European vehicle rental and mobility group, with growing subscription and chauffeur services. Comparable in fleet ownership, urban mobility access, and corporate customer base, but broader in scope than VTC passenger transport.
• LeasePlan: Dutch-origin global fleet management and vehicle leasing major. Comparable in large-scale fleet operations, electrification financing, and corporate-mobility customers, though without the VTC/driver component.
• ALD Automotive: Société Générale-owned global fleet management and automotive leasing giant. Comparable in fleet-financing, vehicle lifecycle, and corporate mobility services, though focused on vehicle rental/leasing rather than passenger transportation with drivers.
• Uber: Global ride-hailing leader operating UberX, Uber Comfort, and Uber Taxi across Spain. Comparable at the platform level, though Uber primarily aggregates independent drivers rather than running its own employed VTC fleet.
• Sixt Mobility: German-headquartered vehicle rental and mobility provider with growing ride-hail and chauffeur service offerings. Comparable at the intersection of fleet ownership and on-demand passenger mobility, though at broader scale and global footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Vecttor.VTC

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Vecttor