Vay provides an on-demand, by-the-minute electric car rental service powered by teledriving, where customers request a vehicle via an app and a trained teledriver remotely drives the car to the customer. The customer then takes control to drive, and a teledriver later handles parking or delivering the car to the next user. The company also licenses its teledriving technology to other businesses (B2B) and collaborates with autonomous trucking tech, such as Kodiak Robotics. Its service began in Las Vegas after launching in 2024, with offices in Berlin and Portland. Differences from competitors include operating a car without a person inside on public streets in both Europe and the U.S., a dual B2C and B2B model, and a focus on combining remote driving with fleet management to reduce ride costs. Vay aims to provide a more affordable mobility option, roughly half the price of traditional ride-hailing, while expanding teledriving to more cities and logistics applications.
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$205.9M
Headquarters
Berlin, Germany
Founded
2018
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