TrustedCars Flex

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TrustedCars is an Award-Winning German Company that is changing Car Ownership forever by turning dealerships into innovative mobility providers while offering customers a commitment-free, all-inclusive and affordable way to own a vehicle without ownership responsibilities. Imagine you can walk into your local car dealership, request the vehicle of your choice and drive it as long as you want, where no long-term contracts are required or hidden costs come as a surprise, and all for a low weekly payment. With TrustedCars Flex you can choose any vehicle you want from the available inventory of participating car dealers within the TrustedCars Flex network, digitally sign for it in the app and you are ready to go. Drive the vehicle you like as long as you want and return it or swap for another vehicle anytime. With our unique combination of technology expertise and deep industry relationships we have designed a solution that offers consumers a convenient way to own a vehicle without ownership responsibilities. In parallel we offer dealerships an additional source of income and access to a new generation of consumers. TrustedCars Flex as a high-tech company helps dealerships move up the technology change curve, with an easy accessible all-in-one solution. It takes a car dealer in excess of 100 days on average to sell a vehicle, with the related holding costs ($15 per day per vehicle). We provide a technological solution for dealers to resolve both sides of the income statement issue: increase in revenue and reduction in holding costs. Instead of vehicles taking space, they are on the road making money to offset inventory-financing and other expenses. We are a Germany based company which has won several awards and was classified as an innovative company by the German Federal Office of Economics. We launched more than two years ago and have an established business and a successful product which is used by thousands.

ICO Details
Status Token Platform Public Portfolio
OnGoing Ethereum N/A
Token Reserve Split Token percentage for investors Total tokens supply
N/A 65% 800,000,000 FLEX
Start Date End Date Token supply post sale
11 Jun 2018 30 Jul 2018 N/A
Start price Funding target Funding cap
1 FLEX = 0.07 EUR 20,000,000 FLEX 520,000,000 FLEX
Average price Funds raised list Funds raised USD
Payment method Features Security Audit
ETH, BTC, Fiat N/A N/A
Legal Form Jurisdiction Legal Advisers
Sale Website Blog White paper
Go to Website See Blog Visit White Paper

Simon Toprak

Founder, CEO


Sascha Vorderstemann

Founder, CTO


Hendrik Erl

Head of Sales & Operations


Eugen Kasjanov

Head of Development


Denny Vieweg

Head of Front-End Development


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