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Caura is the only app you need to manage your car
There are over 25 platforms that UK drivers must use in the vehicle management process - for example, for insurance, charges, and taxes. Caura is a vehicle management platform setting out to help clients remove the inconveniences associated with vehicle ownership.
In a fragmented system spread across insurers, governmental bodies, and car service providers, Caura has created a single app that allows drivers to manage everything that has to do with car ownership, from admin, to payments, to insurance. The company's products include Caura Protect - a service that helps drivers to easily manage vehicle and driver insurance on its platform; and Caura Drive - a payment service that allows drivers to pay charges and tolls by using a single app.
The company's early 2023 Lloyds-backed funding will be invested in the further development of its existing products as well as launching new capabilities, such as parking charge payments and enhanced embedded financial services.
Freddie
Company Specialist at Welcome to the Jungle
Jan 2023
$5.2m
EARLY VC
Jun 2021
$3.9m
SEED
Sai Lakshmi
(CEO)Previously Associate Consultant at Bain & Company, Associate M&A at Arma Partners and Business Development Manager at Apple. They also co-founded Echo which was later acquired by LloydsPharmacy owner, McKesson.
Shaun Foce
(CTO)Shaun has worked as a Senior Software Engineer at ASOS, Engineering Manager at Sainsbury's, and as a Founder at AgileLabs before Co-founding Caura.
Bhavin Kotecha
(Finance Director)Was previously a Manager at PwC and the Head of Commercial at PUBLIC. He has also been a Financial Accountant at BMW Group.