Invygo raises $1.9 million to grow its car subscription platform in UAE & Saudi

Dubai-headquartered car subscription platform Invygo raised $1.9 million in a pre-Series A round from Signal Peak Ventures, JS Group, Wealth Well, Knollwood Investment Advisory, Saudi Arabia’s Dr. Faisal Al Kadi, Khalid AlKhudairi, Ahmed Alola, and some other investors.

Since 2018, Invygo has been shopping the Middle East’s car subscription ecosystem, remodeling the automotive industry, and transforming customers’ experience. The platform provides its users with over 40,000 cars from 50 different brands at affordable prices. Invygo’s partnerships with Enterprise (Al Jomeih), Budget Saudi and Al Jabr in Saudi Arabia, as well as National Car Rental (Al Tayer), Diamondlease (Al Habtoor), and

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