Update: Hybrid & Electric Car Developer Carverter Surpasses £2.3 Million in Funding Through Seedrs Campaign

Carverter, a UK-based company that enables customers to find & lease the perfect hybrid or electric vehicle (EV), has successfully secured more than £2.3 million through its equity crowdfunding campaign on SeedrsThe funding round, originally sought to raise £2 million, has already attracted 240 Seedrs investors. 

As previously reported, Carverter claims it offers every single make and model of hybrid and electric cars all in one place.

“We offer simple, powerful comparison tools along with 100% independent advice to help you to make the switch sooner. Simply enter you registration into www.carverter.com to start your greener journey. Our app will recommend the best available hybrid or electric cars that could replace your current car. It will also show you your CO2 reductions, compare your running cost & can even help you to sell your old car!”

Carverter further noted that its core target market are considering changing their current car(s) or van(s) to greener models but are unsure where to start. 

“Carverter simplifies this complex process by immediately presenting users with the data and cost comparisons they need to make an informed, correct choice. Our competitive lease deals enable them to drive that brand new green vehicle, sooner. We even deliver it free, directly to their front door.”

Funds from the Seedrs round will be used to growth the Carverter team and continue the development of the car platform. The company is now offering 13.97% in equity at a £14 million pre-money valuation. The funding round will close mid- February. 


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