Ben Fleet Services secures €5.5 million in strategic investment from Swiss insurance provider Baloise

Ben Fleet Services, a Berlin, Germany-based start-up which provides maintenance services for fleet vehicle, announced securing capital funding of €5.5 million ($6.6M).

The money was raised from the Swiss insurance company Baloise. Existing investors EnBW also contributed to the round.

Ben Fleet Services, led by CEO Axel Kalisch and founded in 2019 by Energie Baden-Württemberg (EnBW) and the corporate venture builder Bridgemaker, is a technology-driven business that provides vehicle fleet services and whose platform efficiently integrates with customer systems via digital interfaces. Its automated processes generate time and cost savings and offer the customer a high degree of flexibility.