Porsche Ventures is the venture capital unit of Porsche AG and has offices in Stuttgart, Berlin, Tel Aviv, Palo Alto and Shanghai.
The financing round was backed by InMotion Ventures, Porsche Ventures, and Autotech Ventures.
"Our main competitors are the large BNPL providers such as Klarna and credit cards. We are interest free and with short payment terms, customers are debt free quickly but risk long term debt with credit cards."
The round was backed by InMotion, BMW i Ventures, and Porsche Ventures.
"We are truly gratified by the support of our investors, including some of the world's top global automotive brands, as we work to define the future of mobility and roadside assistance experience customers demand and deserve,"
