10 years ago

Cuvva Raises £400,000 to Expand Hourly Car Insurance App

  • Cuvva, a Scottish startup, has raised £400,000 in seed funding from an Edinburgh-based private angel syndicate

  • Cuvva's mobile app offers hourly car insurance, targeting users who need to borrow a car for a short period of time

  • The company's technology leverages an API from the DVLA to enable quick and seamless insurance issuance, aiming to compete with established temporary motor insurance providers like Tempcover, DayInsure, and Sky Insurance.

      • ProblemFinancial Services

      "Borrowing a car from a friend or family member at short notice is difficult because you need to arrange to be covered by the insurance policy the owner holds on the car."

      Solution

      "Cuvva offers hourly car insurance sold through its iOS mobile app, allowing people to borrow a car for a short period of time, making it easy to borrow a car from a friend or family member at short notice."

      Covered on