Fundz

Vilnius-based startup Commody has raised €500,000 in pre-seed funding to develop a platform for co-owning collectible and historic cars. The funding will enhance the platform and expand its user base, focusing on Western Europe and Scandinavia.

PRIVATEApr 01, 2025

Amount Raised

€500,000

Round Type

Pre-Seed

VilniusTransportationAutomotive

Investors

Coinvest CapitalFirstpick

Description

Vilnius-based startup Commody has raised €500,000 in pre-seed funding to develop a platform that allows users to co-own collectible and historic cars through digital ownership. The funding round includes contributions from Firstpick, Coinvest Capital, and private investors. Commody aims to democratize access to rare cars using NFT technology, tapping into the €800 billion global collectible car market. The investment will fuel further development of the platform's core functionality and support audience growth.

Quick answer

Commody raised €500,000 in a Pre-Seed round, dated April 1, 2025. Investors: Coinvest Capital and Firstpick. Commody is based in Vilnius, Vilnius County, Lithuania.

How much did Commody raise?
Commody raised €500,000 in a Pre-Seed round on April 1, 2025.
Who invested in Commody?
Coinvest Capital and Firstpick are named as investors in this round.
What does Commody do?
Commody is a Vilnius-based startup founded in 2023 that focuses on making collectible and historic car ownership accessible to a broader audience through a digital-first co-ownership platform.
Where is Commody based and how big is it?
Commody is based in Vilnius, Vilnius County, Lithuania. Fundz records about 5 employees.
Who are the decision-makers at Commody?
Fundz holds 1 contact at Commody. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as Commody that raised within 45 days of this round, from Fundz verified event records.

  • DriverShaab raised $330K (Pre-Series A) on April 3, 2025.
  • Quantum Space raised an undisclosed amount (Funding Round) on March 11, 2025.
  • Bahn Express raised $965K (Pre-Seed) on February 28, 2025.
  • Flock Freight raised $60M (Series E) on May 14, 2025.
  • Tobin Scientific raised $65M (Funding Round) on May 12, 2025.
  • Impulse Space raised $295M on May 9, 2025.

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Company Information

Company

Commody

Location

Vilnius, Vilnius County, Lithuania

About

Commody is a Vilnius-based startup founded in 2023 that focuses on making collectible and historic car ownership accessible to a broader audience through a digital-first co-ownership platform. By leveraging NFT technology, it allows car enthusiasts to own fractional shares in rare and iconic vehicles, democratizing access to collectible cars traditionally reserved for affluent collectors. The platform aims to reach over 700,000 users globally, enhancing the ownership experience and tapping into the €800 billion global collectible car market.

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