Sigvi Raises €1.2M for AI Car Rental Automation

In a move set to reshape the fragmented European car rental market, AI-powered revenue platform Sigvi has successfully closed a €1.2 million pre-seed funding round. This capital infusion, spearheaded by Superhero Capital with significant backing from Vladas Lašas, Chairman of the Lithuanian Business Angel Network (LitBAN), and other angel investors, will fuel Sigvi's ambitious plans for product enhancement and international expansion.

Sigvi differentiates itself by not owning a fleet but instead acting as an intelligent layer connecting independent vehicle owners and operators with renters. The company's proprietary AI orchestrates the entire rental process, from dynamic pricing and seamless booking to 24/7 keyless access and automated vehicle condition checks. This comprehensive automation addresses a critical bottleneck in the industry, where many manual processes hinder efficiency and customer experience.

The company, co-founded by Vytis Šliažas (CEO), Ignas Gibas (COO), and Mindaugas Banaitis (CTO), launched its operations in Poland in June 2026. It currently manages a growing portfolio of over 200 vehicles, catering to both short-term tourist needs and longer-term rental demands. This strategic entry into the Polish market highlights the company's focus on regions with robust tourism growth, a sector that saw nearly 3.1 billion nights spent in tourist accommodation across the EU in 2025 alone, according to Eurostat data.

Sigvi's value proposition is compelling: it offers a more accessible and cost-effective rental solution, typically priced around 30% lower than traditional international rental agencies. By leveraging existing underutilized vehicles, Sigvi promotes a more sustainable model, making greater use of second-cycle vehicles and reducing the need for new fleet acquisitions. This approach aligns with growing consumer demand for both affordability and environmental consciousness in travel services.

The car rental sector, while experiencing a resurgence in post-pandemic travel, has lagged in digital transformation compared to other segments of the travel industry. Sigvi's AI-driven platform directly tackles this disparity, aiming to provide a booking experience as fluid as that for accommodation. By unlocking the potential of independent fleet operators, Sigvi is creating a more competitive and customer-centric rental ecosystem across Europe.

This latest funding round underscores investor confidence in Sigvi's innovative approach to a traditionally operationally intensive industry. The capital will be instrumental in refining the AI capabilities, expanding the network of managed vehicles, and solidifying its presence in existing markets while exploring new international territories. The company's focus on automation and efficiency positions it to capture significant market share as travel continues its upward trajectory.