You did it! Cuvva’s crowdfunding raised £4m+

You did it! Cuvva’s crowdfunding campaign was a huge success thanks to the incredible community YOU have helped create.
By Team member, 28/06/2022
1 minute read

We did it!

Well, you did it.

Thanks to you, our first-ever crowdfund raise was a massive success. The Cuvva team is totally blown away by the incredible support we've received from the Seedrs and Cuvva community.

Together, we smashed it:

  • Raised £4m+ from existing and new community members
  • 3,059 people invested in Cuvva
  • Overfunded by 60%
  • Reached our campaign target in less than 24 hours

In addition, we’re super chuffed to share that Cuvva is the largest community insurtech raise in Seedrs’ history. And when we closed the crowdfund raise, more people had backed Cuvva than any other campaign on Seedrs in the last year.

We feel so lucky to have such a strong group of investors supporting us on our journey to give everyone affordable access to a car anytime, anywhere.

What next?

We’ve already introduced flexible sharing policies for car borrowers, making it just as easy to get insured on someone else’s car as it is your own. We’ve introduced commitment-free cover for car owners that’s infinitely more flexible and fair. We’ve scrapped deposits, interest and cancellation fees. We also help good drivers save without the headache of a black box.

We’ve always been a community-first brand with our customers at the heart of everything. But we’re just getting started. We want to make cars truly multiplayer.

Your funding enables us to grow even faster and deliver even more as we build Cuvva into a household name. We’re redefining the way we use cars and are lowering the cost of car ownership, replacing traditional and fixed insurance with ultimate flexibility.

Thank you for investing in the future of cars and mobility. There’s lots of work to do and the Cuvva team can’t wait to get stuck in!

To all our backers, it's an absolute pleasure to have you on board.

All the best,


Team member