Blockchain Startup Gapless secured $6 Million in Seed Funding round

Gapless, a Blockchain-based startup, has secured $6 million from investors, which includes the world-famous car manufacturer Porsche, reports Tech.EU

Gapless is the all-in-one app for your vehicle. It enables users to build a comprehensive vehicle history, and to access third-party vehicle services via the app.

Gapless, as of now, manages around 50000 vehicles on its platform in Germany, the United Kingdom, and the United States.

Executive Opinion

In Tech.EU report, Stefan Schütze, Managing Director of the FinLab EOS VC Fund, said, "We are pleased to welcome Gapless as a new investment in our portfolio. Gapless shows how blockchain technology can change services from the ground up – and always thinks from the user’s perspective."

Gapless' Latest Funding

Porsche has participated in a $5.9 million funding round for the German startup.

Gapless, as of now, has plans to use the new funds to further develop its key product, an application that allows users to record a complete history of vehicles, as well as to increase its user base.

Some other backers include the FinLab EOS VC Fund, a joint venture between FinLab and Block.one and insurance entrepreneur Kersten Jodexnis, notes the report.