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Vay

Transportation · Berlin, Germany · Founded 2018

Remotely delivered electric car rental service MoreLess

Vay is a German mobility company, founded in 2018 by Thomas von der Ohe, Fabrizio Ugo Scelsi, and Bogdan Djukic, that offers a teledriven car rental service. The company has offices in Berlin, Germany, and Portland, Oregon, and has raised over $200 million in funding from investors including Grab, Kinnevik, Coatue, and Atomico. CEO Thomas von der Ohe holds a degree in computer science and entrepreneurship from Stanford University. The founders and their team combine experience from Silicon Valley tech companies like Google and Tesla with European automotive hardware and safety engineering from firms such as Audi and Daimler.

Vay's core product is an on-demand, by-the-minute car rental service that uses remote driving technology, known as teledriving. Customers use the Vay app to request an electric car, which is then remotely driven to their location by a professionally trained "teledriver" situated in a control center. These remote driving stations are equipped with automotive-grade steering wheels, pedals, and multiple screens that provide a 360-degree view of the vehicle's surroundings, along with audio feedback. Upon the car's arrival, the customer takes control and drives it themselves. At the end of the trip, the customer can exit the vehicle, and a teledriver remotely takes over to either park it or deliver it to the next user, eliminating the need for the customer to find parking.

The service launched commercially in Las Vegas, Nevada, in January 2024, initially serving the area around the University of Nevada, Las Vegas (UNLV) and the Arts District. By June 2024, the service area had expanded to cover all of central Las Vegas, including the Strip, Chinatown, and other districts. Vay was the first company to operate a car without a person inside on public streets in both Europe and the United States. The company's business model includes both a direct-to-consumer (B2C) usage-based pricing structure and a business-to-business (B2B) offering where it licenses its teledriving technology to other companies in sectors like trucking and logistics. Vay has partnered with Kodiak Robotics to integrate its remote driving capabilities with autonomous trucking technology. The company aims to offer a more affordable alternative to traditional ride-hailing services, with costs cited at about half the price.

Keywords: teledriving, remote driving, car rental, mobility as a service, electric vehicles, on-demand transportation, driverless delivery, automotive technology, last-mile delivery, urban mobility, car sharing, teleoperation, B2B logistics, fleet management, autonomous vehicle technology, Las Vegas, Vay, remote-controlled cars, smart mobility, transportation solutions

Company overview

Vay company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Berlin, Germany
Employees
211
Open positions
None listed
Dealroom signal
88.9
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyComputer VisiontechnologyAutonomous & Sensor Techsub industryMobilitysub industryAutonomous & Sensor TechsectorAutomotivebusiness modelSaaSsectorCore AIsectorAutonomous MobilitysectorMicromobilitysectorUrban TechsectorTeledriving

Valuation & funding

Vay funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Nov 2025 $60M $475M Grab
DEBTDebt Oct 2024 $37M European Investment Bank
SERIES BOther financing Dec 2021 $95M $380M Atomico · Creandum · Kinnevik · Eurazeo
SERIES AOther financing May 2019 $14M $54M Creandum · Atomico
CONVERTIBLEOther financing Jan 2019 $0 Creandum
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearEBITDAMargin
2026 −$9.9M
2025 −$9.9M
2024 −$9.9M
2023 −$9.9M
2022 −$9.9M
2021 −$9.9M
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Growth signals

Vay website traffic

Latest recorded traffic for Vay is 30K monthly website visits, up 15.4% over the last three months. Vay's team grew 9.9% over the past year.

Latest monthly visits30K 3-month web change+15.4% 1-year team growth+9.9%
Monthly website visits88 observations · Jun 2018–Jul 2026
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Comparisons

Vay compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →
Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on Vay's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 11 investors entered at this stage
Creandum
Atomico
Kinnevik
Eurazeo
Coatue Management
La Famiglia
Project A
Signals Venture Capital
Cristina Stenbeck
Visionaries
Patrick Pichette
Series B+ 2 investors entered at this stage
European Investment Bank
Grab

Global footprint

Where Vay has talent and traffic

Workforce by country
17 countries with
team presence
🇩🇪 Germany45.1%
🇺🇸 United States36.6%
🇵🇱 Poland3.3%
🇧🇬 Bulgaria2.6%
🇳🇱 Netherlands2%
Top 5 of 17 shown

In the news

Latest news about Vay

Recent press, funding announcements, and product moves mentioning Vay — open to read from the original sources.

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Market sentiment

What the market is saying about Vay

An AI-synthesized read of the highest-engagement posts about Vay on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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