Car Care Systems raised capital from Almi Invest and BUS AS.

Car Care Systems, an Östersund, Sweden-based developer of an automated process tool that monitors and increases the turnover rate of your car inventory, announced getting into an investment agreement for raising capital.

The funding was backed by Almi Invest, which provided SEK 1.2 million, and BUS AS.

Carcare Systems, founded in 2017 and led by CEO Lars Eriksson, has developed a cloud-based software helping increase the profitability of car dealers by streamlining the trading of new and used cars. The company today has around a hundred car plants connected to Volvo, Volkswagen and BMW, among others, and processes approximately 65,000 vehicles annually.