Porsche and EOS VC invest in the blockchain startup Gapless

Gapless, a startup that is building a blockchain platform allowing to create " digital garages "To streamline maintenance and vehicle ownership, has just lifted $ 5.5 million.

Lead by inLab EOS VC Fund, a joint venture between FinLab AG and the publisher of the EOS blockchain, Block.one, the round of financing (venture round) will allow Gapless accelerate the commercial development of its platform.

With the FinLab EOS VC Fund, we have found a partner of choice for the development of our young company, ”said Jan Karnath, CEO of Gapless in a press release.

We also count on the participation of other investors who were already supporting the startup, such as the Porsche AG, the venture capital company La Roca Capital and the German insurance entrepreneur Kersten Jodexnis.

Founded in 2018 in Berlin, Gapless has developed a platform that allows car owners to manage their vehicles online and create complete digital and secure histories using the blockchain technology.

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With its application which streamlines vehicle management By bringing all the tasks together in one place, users can scan documents related to their cars, import verified history records, and track vehicle maintenance.

We are delighted to welcome Gapless as a new investment in our portfolio, "added Stefan Schütze, Director of the FinLab EOS VC Fund.

Today, Gapless manages more than 50,000 vehicles on its platform and hopes to pass the 100,000 mark by the end of the year. The owners of these " digital garages Are mainly based in the United States, the United Kingdom and Germany.


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