V
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
Valuation & funding
Vay funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
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.
| Year | EBITDA | Margin |
|---|---|---|
| 2026 | −$9.9M | — |
| 2025 | −$9.9M | — |
| 2024 | −$9.9M | — |
| 2023 | −$9.9M | — |
| 2022 | −$9.9M | — |
| 2021 | −$9.9M | — |
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.
Comparisons
Vay compared with similar companies
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Talent graph
Vay's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Vay has talent and traffic
team presence
In the news
Latest news about Vay
Recent press, funding announcements, and product moves mentioning Vay — open to read from the original sources.
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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