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Kovi
AddedMar 22, 2024
UpdatedJul 3, 2026
Kovi

Kovi

Acquired

Latin America's tech car rental for on-demand drivers, using innovation for efficient, affordable, secure mobility. Founded in 2018. HQ in São Paulo.

HQ
São Paulo, São Paulo, BR
Founded
2018
Accelerator
Y Combinator logoY CombinatorW19
Overview
Compare
Fundraising
Employees

Founded in 2018 and headquartered in São Paulo, Brazil, Kovi is a technology-based car rental provider focused on serving on-demand drivers across Latin America. The company's core mission is to challenge market inertia by leveraging technology to offer efficient, affordable, and secure transportation solutions. Kovi collaborates with automakers and small rental companies to provide last-mile delivery drivers with straightforward and cost-effective vehicle leasing options.

Notable affiliated individuals include the co-founders Adhemar Milani Neto and João Costa. Kovi has attracted significant investment from prominent venture capital firms such as Monashees and GFC. Key achievements include rapid market penetration and establishing partnerships with major automakers. The overall impact of Kovi has been substantial in enhancing mobility for gig economy workers, thereby contributing to more efficient urban transportation ecosystems in Latin America.

Kovi - Quick Facts

When was Kovi founded?

Kovi was founded in 2018.

Where is Kovi's headquarters located?

Kovi's headquarters is located in São Paulo, São Paulo, BR.

How much has Kovi raised to-date?

As of Oct 6, 2021, Kovi has raised a total of $164.6M (USD).

Kovi - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • Software
Geographic Exposure
  • Latin America
Model
  • Platform
Revenue
  • Recurring
Customer
  • Enterprise
  • Small Business
Main Product
  • Car Rental
Tags
  • Fintech
  • SaaS
NAICS
  • 530000Real Estate and Rental and Leasing
  • 532000Rental and Leasing Services
  • 532100Automotive Equipment Rental and Leasing
  • 532110Passenger Car Rental and Leasing
  • 532111Passenger Car Rental
SIC
  • 7510Automotive Rental And Leasing, Without Drivers
  • 7514Passenger Car Rental
  • 7500Automotive Repair, Services, And Parking
Show 9 more industry codes
NAICS
  • 480000Transportation and Warehousing
  • 560000Administrative and Support and Waste Management and Remediation Services
  • 561000Administrative and Support Services
SIC
  • 4700Transportation Services
  • 7300Business Services
  • 4720Arrangement Of Passenger Transportation
  • 7380Miscellaneous Business Services
  • 4729Arrangement Of Passenger Transportation, Not Elsewhere Classified
  • 7389Business Services, Not Elsewhere Classified