Bipi

Bipi offers a car subscription service that includes insurance, maintenance, and taxes in a single monthly payment, eliminating the upfront costs and ongoing expenses associated with traditional car ownership. Customers can select from a variety of vehicles, change cars every six months, and accumulate unused kilometers for future use, providing flexibility and convenience tailored to their needs.

Traction 10/10

HQ unknown

Founded 201720010K+ followers

Mobility & Transportation

Updated 11 months ago

Funding

Raised to date

$29.1MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

across 4 rounds

AV+5

$7.3M · Series B

Announced Feb 2021

Disclosed cumulative: $29.1M

4/4

RoundDateAmountValuationInvestors

Founders

2 founders

Alejandro Vigaray

Founder

Hans Christ

Founder

Product

Problem

Traditional car ownership involves significant upfront costs, ongoing expenses like insurance and maintenance, and long-term commitments, creating a financial burden and limiting flexibility for consumers. Renting offers short-term flexibility but can be expensive for extended use, while leasing often locks customers into multi-year contracts with mileage restrictions.

Solution

Bipi provides an all-inclusive car subscription service that bundles insurance, maintenance, roadside assistance, and taxes into a single monthly payment, offering a flexible alternative to traditional car ownership, leasing, and short-term rentals. Customers can select a vehicle from a variety of makes and models and choose a subscription duration that fits their needs. The service allows subscribers to change cars every six months, accumulating unused kilometers for future use, providing adaptability as their transportation requirements evolve. Bipi handles all vehicle-related logistics, allowing subscribers to enjoy the benefits of having a car without the long-term financial commitments and administrative hassles.

Target Audience

Bipi targets individuals who need a car but want to avoid the financial burdens and long-term commitments of traditional car ownership, as well as those who value flexibility and the ability to switch vehicles based on their changing needs.

Features

All-inclusive monthly fee covering insurance, maintenance, roadside assistance, and taxes
Wide selection of vehicles from various manufacturers
Flexible subscription terms with options to change cars every six months
Ability to accumulate unused kilometers for use in subsequent months
Digital platform for easy vehicle selection, subscription management, and customer support
Option for home delivery of vehicles