Cafler & OK Ventures

January 8th, 2024, Barcelona/Palma de Mallorca

Cafler, the leading online platform for vehicle services, has established a strategic alliance with OK Ventures as an investor and shareholder. This investment is part of Cafler's Seed Round extension, led by Seaya Ventures and also involving investors such as Wayra (Telefonica), Carlos Rivera (Clicars), among others. The total amount raised in the Seed Round has now reached €8 million.

OK Ventures is the Venture Capital division of OK Group - a holding company that includes the global mobility platform OK Mobility, among others -? OK Ventures supports entrepreneurial projects capable of creating value and proposing a transformative and sustainable business model. This alliance intends to leverage the extensive ecosystem of companies within OK Group to provide more innovative solutions to its customers.

Based in Barcelona, Cafler is a platform that offers a one-click solution for anything a vehicle user needs, from home maintenance services to insurance. In just two years in the market, Cafler has completed over 200,000 services and has experienced triple-digit annual growth. Currently, it operates in the United Kingdom, Spain, and France, collaborating with major clients such as Renault, Volkswagen, Mercedes, Virtuo…

The involvement of OK Ventures into Cafler's shareholder base will enable the company to accelerate its growth plan in terms of scaling up, expanding into new geographies, and launching new products.

"We are excited about this strategic investment from OK Ventures. Their experience and industry connections are key to our next stage of growth and serve as a solid market validation of what we are building. We are very proud to work alongside a top-tier team like theirs," says Ricard Guillem, founder of Cafler.

As a result of this partnership, the start-up's customers will benefit from a wide range of intelligent mobility services and tailored solutions. Cafler and the global mobility platform OK Mobility are already collaborating to drive digital transformation in the mobility sector and help companies achieve their goals in a more efficient and simple way.?

Carlos Vidal, investment specialist at OK Ventures, states “We have decided to invest in Cafler because it is a start-up that stands out for its significant potential within the mobility sector, a sector that we know well due to our connection with OK Mobility. Its innovation and technology is changing traditional processes to digitalized ones, and we are confident that it will contribute to the transformation of the sector.”

About Cafler:

Cafler is the leading online platform for everything a vehicle user needs, just one click away (from home services such as washing, maintenance, fuel, to partner services like insurance, leasing, parking, buying/selling cars, etc.). Our vision is to make vehicle users lifes easier, both in terms of convenience and economically, disrupting the current consumption paradigm in the automotive industry. The company operates in over 3 countries, serving more than 200,000 users and over 1,000 partners in its ecosystem.?

More information at cafler.com

About OK Ventures:

OK Ventures provides advice and capital entry for entrepreneurial projects seeking to evolve their business projects. Projects that create value, are distinctive, and propose a transformative business model with a positive impact on society and long-term sustainability. OK Ventures is part of OK Group, the business holding that also includes the global mobility platform OK Mobility.?

More information at okgroup.es