Founded Year

2016

Stage

Incubator/Accelerator | Alive

Mosaic Score

+160 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Wagonex

Wagonex is a mobility-as-a-service platform offering cars on subscription. Wagonex provides fleet partners with the marketplace for distribution and fleet management engine enabling them to monetize dormant inventory, while offering consumers a flexible alternative to ownership.

Wagonex Headquarter Location

Tramshed Tech Pendyris Street

London, England, CF11 6BH,

United Kingdom

020 3002 0976

Wagonex's Product Videos

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Wagonex's Products & Differentiation

See Wagonex's products and how their products differentiate from alternatives and competitors

  • Test

    We offer our partners instant access to a ready made subscription marketplace. 'Test' features a fully digitised customer journey, this includes personal details, insurance, credit check, and automated billing for their subscription fleet. Vehicles can be uploaded to Wagonex.com on the same day to enable immediate revenue and for partners to test the use case of subscription in their business

    Differentiation

    There is no technology solution which offers instant access to a ready made marketplace. 

    Wagonex also offers an embedded fractional insurance product for personal lines insurance. 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Expert Collections containing Wagonex

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Wagonex is included in 3 Expert Collections, including Mobility-as-a-Service.

M

Mobility-as-a-Service

558 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

A

Auto Commerce

532 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

E

E-Commerce

363 items

Latest Wagonex News

'Younger people' target of new £699 per month Cupra Born EV subscription, says VWFS

May 17, 2022

Click the thumbs up > Volkswagen Financial Services (VWFS) has partnered with Wagonex to pilot a subscription service for the new Cupra Born performance electric vehicle (EV). The Catalonian brand’s new EV hatchback, which is arriving in UK dealerships now with a starting price of £34,715, is being offered on a three-month subscription package which includes the cost of the vehicle, insurance, roadside assistance, 24/7 Driverline support as well as any maintenance. But while the Born is currently being offered for £343.73 per month over the term of a 48-month, 6% APR PCP finance contract via the Cupra website (with a £6,943 deposit), subscriptions start from £699 per month for the mid-range V2 Born. A statement related to the new subscription pilot suggested that “younger people” would be keen to take-up the all-in-one service. It said: “Research by Volkswagen Financial Services UK (VWFS) has found that 61%* of people aged 18 to 34 are interested in accessing a car via subscription, similar to services such as Netflix, where you can cancel anytime. “With younger people more commonly consuming music, TV and even food at the click of a button, the millennial consumer is evidently keen to embrace the subscription model in other areas of their lives.” Commenting on the new subscription service, Richard Harrison, the managing director at Cupra UK, said: “This new subscription service reflects the shift in which an increasing number of our customers want to own and interact with our cars to meet their changing lifestyles – and there’s no better car to launch with than the award-winning CUPRA Born.” John Lewis, the head of product strategy and development at Volkswagen Financial Services UK, said: “We’re hugely excited to mark the launch of the Cupra Born in the UK with a new subscription service. “The way that people are using cars is fast evolving and we need to make sure that, as our customers continue to engage more with digital technology, we make their online journey as simple and as convenient as possible. “Our partnership with Wagonex underlines our commitment to putting the customer at the heart of everything we do.” Toby Kernon, CEO at Wagonex, said: “This collaboration represents a real vote of confidence in the industry-leading technology we have built from the ground-up to streamline and simplify the subscription process for brands like Volkswagen Financial Services UK and Cupra. “We look forward to working with these brands and further increasing the range and availability of vehicles available on subscription to meet with the growing consumer demand for flexibility.” Last September the Swedish premium car brand said 2,500 cars had been delivered via the scheme in its first year, accounting for 15% of all its UK retail sales. Volvo said at the time that Care by Volvo’s performance reinforced its belief that online sales will accelerate with the brand anticipating that the majority of its retail sales in the UK will be transacted online – both for retailer-assisted and direct sales – by 2025. Globally, Volvo expects all its sales to be conducted online by 2030. News and features editor

Wagonex Web Traffic

Rank
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Page Views per Million (PVPM)
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Wagonex Rank

  • When was Wagonex founded?

    Wagonex was founded in 2016.

  • Where is Wagonex's headquarters?

    Wagonex's headquarters is located at Tramshed Tech, London.

  • What is Wagonex's latest funding round?

    Wagonex's latest funding round is Incubator/Accelerator.

  • Who are Wagonex's competitors?

    Competitors of Wagonex include Carvolution and 4 more.

  • What products does Wagonex offer?

    Wagonex's products include Test and 2 more.

  • Who are Wagonex's customers?

    Customers of Wagonex include mycardirect.

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