GVE
GVE offers a cashless payment infrastructure (CBDC), vaccine passport, and electronic medical record platforms, harnessing digital technology for finance, healthcare, and beyond.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
$26.2m | Growth Equity VC | ||
| Total Funding | 000k | ||
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GVE London operates as an independent supplier of luxury and supercars, with its registered office in Uxbridge, Greater London. The company was founded on November 11, 2009. The founder, David Rai, an ex-accountant, started the company from his bedroom with an initial investment of £10,000, using £3,000 to develop a website. His initial business model focused on exporting vehicles, with Bangkok being a primary market. The first transaction was the sale of a single Porsche Cayenne, which helped establish the company, initially named Global Vehicle Exports.
Over time, the business transitioned to the UK domestic market and now operates with full dealership facilities, stocking premium brands such as Ferrari, Lamborghini, Rolls Royce, and Bentley. GVE London provides a range of services beyond vehicle sales. In 2023, the company opened a 17,000 sq ft preparation center named GVE Unite. This facility offers in-house services including supercar MOTs, detailing, paint protection film application, customizations, and bodyshop work. The company’s business model is based on acquiring vehicles and offering them to clients, often helping them avoid long waiting lists for popular models. They also purchase luxury vehicles and supercars at competitive rates.
The company's target market consists of individuals looking to buy, sell, or own supercars. The sales team includes personnel with prior experience at main dealerships like Ferrari and Porsche. In addition to sales, GVE London acts as a credit broker to facilitate financing for its clients. For after-sales support, the workshop handles mechanical and electrical problems, engine and gearbox building, and servicing for a variety of high-end and standard vehicles.
Keywords: luxury car dealership, supercar sales, performance cars, vehicle customization, paint protection film, supercar servicing, automotive bodyshop, car detailing, vehicle export, premium car brands, Ferrari dealer, Lamborghini dealer, Rolls Royce sales, Bentley supplier, car financing broker, supercar maintenance, Uxbridge car dealer, David Rai, luxury vehicle acquisition, high-end automotive services