Sigvi raises €1.2M Pre-seed to automate car rental for Europe's independent fleet operators

Sigvi (Vilnius) has raised €1.2 million in a Pre-seed round led by Superhero Capital, with participation from Vladas Lašas, Chairman of the Lithuanian Business Angel Network (LitBAN) and co-founder of the Carbon War Room, and a group of angel investors. The company was founded in 2023 by Vytis Šliažas (CEO), Ignas Gibas (COO), and Mindaugas Banaitis (CTO), and launched live operations in Poland in June 2026, where it currently manages more than 200 vehicles.

The structural gap in European car rental

Independent fleet operators — private owners, small commercial operators, regional firms — collectively hold a large share of the vehicle supply available in European tourist markets. The major international brands distribute through proprietary booking channels and managed fleet infrastructure; smaller operators have capacity but no equivalent software stack. The result is utilisation gaps on one side and inflated prices on the other.

Sigvi's response is not to own vehicles. It aggregates independent fleets and runs the full operational layer on top of them: dynamic pricing, online booking, 24/7 keyless access, automated vehicle inspections, predictive maintenance scheduling, and customer support — covering the end-to-end rental lifecycle without the operator having to build any of this independently. The platform positions its vehicles at around 30% below the major international brands, using second-cycle vehicles already on the road rather than adding new fleet.

The quality-assurance mechanism is deliberately visible: Sigvi partners with a car-service network for regular maintenance, changes tyres seasonally, and replaces parts more frequently than manufacturer recommendations. The goal is to close the perception gap with branded competitors on reliability, not just on price.

The investors and the growth target

Superhero Capital, a Helsinki-based early-stage fund, led the round — a cross-Baltic bet from a Scandinavian VC on a company headquartered in Vilnius and already live in Poland. Vladas Lašas, as LitBAN chairman, connects Sigvi to the broader Lithuanian angel ecosystem.

"Sigvi has found a structural inefficiency in a massive market and built an elegant solution around it," said Gytenis Galkis, Partner at Superhero Capital. "We see a clear path for Sigvi to become the digital infrastructure layer for independent car rental across Europe."

The use-of-funds target is explicit: grow from 200 to 2,000 managed vehicles within two years. That is a 10× scale target on a €1.2M budget, which frames this funding cycle as an operational proof exercise rather than a technology build. The Polish market is the proving ground; the expansion thesis points toward additional European markets where the independent fleet segment is large and underserved by software.