Headquartered in London, WeVee is the first fully integrated electric vehicle leasing platform established in the UK. It has secured a fundraise of US$ 7 million in seed funding round led by top European angel investors Former Henkel CDO Rahmyn Kress, Pario Ventures and Automobili Pininfarina founder and CEO Michael Perschke, the company announced on July 15, 2021. With this latest injection, the startup now stands at a valuation of US$ 14 million.
About WeVee
Founded in 2019 by Michael Perschke and Paul Fagan, WeVee is an electric vehicle price comparison and leasing platform that promotes a rapidly growing market for electric vehicles and draws up to 100,000 UK regular visitors every month. The England-based startup has stepped its foot towards becoming an international e-mobility lifestyle platform and marketplace with the recent venture.
German-born global business leaders Rahmyn Kress and Michael Perschke will be joining WeVee Founder Paul Fagan as co-founders and board members to operate the platform’s worldwide and diversified expansion operations in all markets beyond the UK.
Fund Utilisation
The EV startup aims to establish a market in Germany by the year 2021 with the acquired capital. Unhindered by Brexit, the co-founder Kress says the intention is to support reform and entrepreneurship between the UK and continental Europe.
Followed by WeVee’s establishment in France, Italy, and Spain by 2022, Kress and Perschke aims at bringing certain connections to Europe’s commencing players in the automotive industry, as well as to cooperative European leaders and collaborative industry associates.
What the Investors have to say
Rahmyn Kress, Former Chief Digital Officer at Henkel, stated in WeVee’s press release, “We are raising WeVee to be the Airbnb of e-mobility. The future of transportation is electric, and we will be the first answer for anyone who wants easy access to transportation they know is reliable and good for society. There are no better grounds to build this on than what WeVee has devised for EV leasing.”
Michael Perschke, founder and CEO of Automobili Pininfarina, said “WeVee is set to become a true game changer – if we cast out the model as we plan to, we will benefit companies by providing straightforward and really economic e-mobility solutions to their employees, as well as tracking and advancing their carbon footprint.”
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