Pop Valet

Pop Valet

Develops a service of moving vehicles on demand.

HQ location
Paris, France
Launch date
Employees
Enterprise value
$11—17m
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DateInvestorsAmountRound
-investor

€0.0

round
investor investor investor

€0.0

round

€2.5m

Early VC
Total Funding000k
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Founded in 2015 by Benjamin Pozzi, Alexandre Poisson, and Jean-Guillaume Sidobre, Pop Valet has established itself as a key player in the automotive logistics sector in France. The founders leveraged their prior experience from creating Parkadom, a peer-to-peer parking rental platform, to address the broader challenges of vehicle logistics. The Paris-based company initially launched as an on-demand valet service before expanding its focus to comprehensive logistics solutions for automotive professionals.

Pop Valet operates as a technology-driven logistics operator, providing vehicle transport and convoying services across France, often within a 24 to 48-hour timeframe. The business primarily serves a professional clientele, including car rental companies, dealerships, and manufacturers, who require efficient vehicle transfers, deliveries, and maintenance shuttling. Revenue is generated by providing these logistics services, with pricing determined in real-time through their proprietary platform.

The core of Pop Valet's offering is its digital platform, which facilitates the entire logistics process. Clients can request quotes and book missions in seconds through a secure interface that uses Google Maps API for address recognition and provides instant pricing. The system manages everything from driver allocation, based on availability and performance scores, to real-time tracking of the vehicle's journey via SMS link. Additional services such as vehicle washing, electric recharging, and refueling can be added to a booking. The company emphasizes a high-quality service, controlling the mission from start to finish to ensure reliability and client satisfaction.

The company has secured significant funding to fuel its growth, including a seed round of $2.83 million in July 2019 from investors like MAIF Avenir and IMA. This investment has supported the continuous development of their technology, which includes an algorithm for optimizing service delivery and a scoring system for their network of valets. Keywords: automotive logistics, vehicle transport, B2B services, convoying, digital platform, fleet management, on-demand delivery, valet service, France, last-mile automotive

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