Autonomy raises $8m Series A for driver vehicle finance
Magna Capital, Comafi, Natan VC and Murchison Ventures led the Argentine company’s financing.
Fleet availability constrains demand
Autonomy reported more than 1,500 vehicles in operation, up from ten when it began serving drivers in 2023. It said it receives around 3,000 applications each month and can meet only about half of that demand.
The business targets drivers already generating income through mobility platforms but unable to obtain a conventional vehicle loan. Its stated goal is a fleet of 10,000 vehicles by December 2027.
Use of funds
Expand the vehicle fleet
Improve technology
Expand in Argentina and the Southern Cone