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Zeti Announces Toyota Ventures Investment

Nov 15, 2022•over 2 years ago
LondonTransportation

Investors

Climate FundToyota Ventures

Description

Zeti, a leading provider of financial services technology to manage consumption based EV and infrastructure financing, today announced a significant investment by Toyota Ventures through its Climate Fund.

Company Information

Company

Zeti

Location

London, England, United Kingdom

About

Zeti sits at the intersection of fintech, mobility and sustainability, unlocking the potential of technology to revolutionize the financing of transport and support the goals of business and society. Zeti believes that clean transport will be a new ESG asset class, and that traditional auto finance (>$1tn annual market) is ripe for disruption as leasing companies are removing value from customers, vehicle manufacturers and the primary sources of capital.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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