Eccocar has developed one of the most advanced technologies in the market with the objective of generating shared mobility services. Eccocar explains that the company has made an effort to develop a system capable of converting a traditional vehicle into a connected one (cars, motorcycles, scooters) and offer an app so that users can reserve the vehicle they need in the most convenient way possible. “If we overcome the paradigm that each person needs a car and offer reliable and convenient rental services that are complemented by public transport, the consumption of the planet’s resources would be significantly reduced,” explain the founders.
This team of professionals that make up Eccocar, Ivan Luarca (CEO), Daniel Díaz (COO), José Manuel González (CTO), Fernando Martín (CMO), explain that Eccocar’s project is aimed towards the development of solutions to better manage electric vehicle fleets, always from the perspective of shared vehicles. Especially, because this type of vehicle means a greater complexity for the management of the fleets, and with the technology developed by Eccocar it is possible to obtain information in real time for smarter and more efficient management, for example, to know the battery level.
“Now it is necessary to integrate the experience of reserving or renting a car, with the experience of offering electric recharging from the same app, as well as offering parking lots with recharging points,” says the founding team. Likewise, Eccocar is designed to offer solutions to the fleet manager and thus cover the needs and forecasts of recharge logistics, all while considering the impact on the network and on the electricity generation as a whole.
Eccocar was founded in 2015 and refers to “economic” and “ecological”. The mission of this company is to combine the car consumption paradigm, from car ownership to car service. A personality that goes beyond the 21st century. Ecco also refers to immediacy and convenience, a fundamental characteristic for the car as a service to make sense. As a result of all this, the founders point out that they “have received numerous awards and grants such as the SME, the Neotec, Impact Connected Car, etc.”.
One of the enclaves that mark the personality of the platform is that they have a very versatile and complete shared mobility product, for fleet managers and other platforms.
“It’s specially optimized for rent-a-cars,” they say. In this line, the business model is based on a monthly fee per vehicle. Currently, Eccocar is present in 9 countries including: Spain, France, Germany, Luxembourg, Mexico, Chile, Dominican Republic, Andorra and Malta.
INVESTMENT
To launch the startup, the founders explain that they needed one million Euro, which was later complemented by two rounds of investment, one from friends and family and the other was a seed round. Thus, most of the funds have been allocated to product development. Likewise, Eccocar has had the collaboration of investors such as XesGalicia, Vigoactivo, Pinama, CMC XXI and the Valgime Group. With all this, one of the goals that the company has set itself is to consolidate itself as the reference platform for rent-a-car at a global level.