Caura raises €4.2m Seed, for all-in-one car admin platform

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Founded in 2019 by Sai Lakshmi (CEO), UK-based Caura is developing an all-in-one car admin platform. First launched in 2020, the Caura iOS & Android app aims to remove many of the pain points from vehicle ownership. The app currently offers two products: i) “Caura Protect” partners with a range of insurers to manage vehicle & driver insurance (the roadmap potentially includes car maintenance & loans), ii) “Caura Drive” manages payment of various charges a UK driver may incur – tolls, MOT, vehicle tax & city congestion charges (e.g. London Congestion Charge & Ultra-Low Emission Zone, Birmingham Clean Air Zone) – are all handled with a few swipes (the plan is to add booking & paying for parking & EV charging). It’s worth mentioning here, that Caura is also available as an in-car system & (non-exclusively) partners with Jaguar Land Rover to be included in their infotainment. In essence, “Caura removes cognitive load from the driver”, which might otherwise use 25 platforms (as part of vehicle management) – & while most have online options, it requires one to manage & maintain a growing number of single purpose websites & apps, some of which may only be used once a year. <Source: uktech.news, bloomberg.com, ibsintelligence.com, tech.eu>