Sigvi funding round raises €1.2M for automated car rental platform

Sigvi funding now includes a €1.2 million pre-seed round for an AI-powered revenue platform aimed at car rental operators. The round was led by Superhero Capital, with participation from Vladas Lašas, chairman of the Lithuanian Business Angel Network and co-founder of Carbon War Room, as well as other angel investors.

The company said it will use the capital for product development and international expansion. Sigvi did not disclose its valuation, revenue, headcount or the size of any previous financing.

Founded by CEO Vytis Šliažas, COO Ignas Gibas and CTO Mindaugas Banaitis, Sigvi is building software for independent fleet owners and private vehicle owners that want to rent out cars without running a conventional branch-based rental operation. The startup says its platform handles pricing, reservations, vehicle access, inspections, maintenance scheduling and customer support.

What does Sigvi do?

Sigvi does not own the cars listed through its platform. It aggregates vehicles from existing operators and owners, then uses automation and AI tools to manage rentals from booking through vehicle return.

The operational pitch is direct: smaller fleet operators often have vehicles but lack the digital systems, distribution and automation used by larger rental brands. Sigvi is trying to provide that infrastructure without requiring those operators to build their own software stack.

The company launched in Poland in June 2026 and said it now manages more than 200 vehicles. Those cars serve both tourists and longer-term renters, according to Sigvi. The company did not name additional countries for its planned expansion.

Why car rental automation is attracting capital

The round comes as European travel volumes remain high. Eurostat reported that travelers spent nearly 3.1 billion nights in tourist accommodation in the EU in 2025. Sigvi is linking that demand to a car rental sector where many operational steps still depend on manual processes.

Šliažas said the company is trying to connect travelers with underused vehicles held by independent operators, arguing that customers now expect car rental to work more like digital accommodation booking. He also said Sigvi’s model can support lower-cost and more environmentally efficient use of existing vehicles.

Sigvi claims rentals on its platform are typically priced about 30% below traditional international car rental brands. That is a company claim, and Sigvi did not provide comparative market data, utilization figures or margin details to support the pricing gap.

The funding gives Sigvi more room to test whether automation can reduce enough operating friction to make independent fleets more competitive. For now, the measurable footprint is still early: one market launch, a 200-plus vehicle network and a pre-seed balance sheet intended to fund product work and geographic expansion.

This story draws on original reporting from Tech.eu.