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Recently Funded|Amount: USD 95.0M|Industry: Software Development

Vay Rides Into the Future: $95M Funding Fuels Revolutionary Driverless Teledriving in Las Vegas

Vay

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51-200 employees employees (Est.)
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Vay is excited to announce a significant milestone in its journey, having successfully raised $95,000,000 in its latest funding round. This remarkable achievement not only reflects the confidence that investors have in Vay’s groundbreaking vision but also paves the way for an ambitious expansion of its innovative mobility solutions. Vay’s first commercial service is now live in all of central Las Vegas, Nevada, redefining urban transportation with by-the-minute rental cars delivered to your location by an advanced teledriving technology platform. As the first company to operate driverless vehicles on public streets in both Europe and the US, Vay brings a unique blend of convenience and ingenuity to modern commuting. The process is as simple as downloading the “Vay Rent Cars by the Minute” app, booking your ride, and experiencing the seamless blend of autonomous vehicle delivery and human-driven support—teledrivers are on standby to deliver and later retrieve the electric car, eliminating the hassle of parking and allowing customers to enjoy a hassle-free journey. The newly raised funds will be strategically deployed to expand Vay’s service areas, further develop teledriving capabilities, enhance the user interface of its mobile app, and continue its mission to revolutionize urban mobility. With a focus on operational excellence and technological innovation, Vay is set to redefine public transportation not only in the heart of Las Vegas—from Chinatown to the Strip and beyond—but ultimately on a global scale. As the company grows, it also invites passionate individuals to apply for positions and join a team that is reshaping the future of transportation in a truly remarkable way.
April 8, 2025

Buying Signals & Intent

Our AI suggests Vay may be interested in solutions related to:

  • Autonomous Vehicles
  • Electric Vehicles
  • Transportation Solutions
  • Remote Technology Solutions
  • Mobility Services

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