Obtaining an ENISA loan worth 67,000€ will allow Plazy to expand its franchise business model throughout the territory.
Davide Brea, CEO and co-founder of Plazy, proposed revolutionize the traditional car wash sector and combat existing inefficiencies in it through a proposal that would save time and water in each wash. From this idea, Plazy emerged, an alternative that saves up to 200 liters of water per wash, through the use of biodegradable products. The operation of Plazy is really simple and is divided into several clearly differentiated stages: the customer makes the reservation for the wash by paying in advance for the service and a plazier is transferred (by electric motorcycle) to the desired location (public car parks, private car parks, streets, etc.) to clean or disinfect the vehicle. They don't need water or electricity, so washing can be done anywhere.
Thus, Plazy works under a value proposition built on three clear pillars: comfort, health/safety and ecology/sustainability, which allows them to provide their customers with an innovative service to stop wasting time and optimize the car wash process. The startup, which began its activity effectively in September 2020 offering its services to clients located only in the city of Sabadell, managed to expand to several cities in the metropolitan area of Barcelona in a few months, and due to the good reception received by the clients, to expand to several cities in the metropolitan area of Barcelona, thus validating its first MVP.
It should be noted that the solution is available both for large corporations that require washing and disinfection services for their fleets and for end consumers
.During the month of November 2020, the company managed to close an investment round worth 22,000€. Currently, Plazy You are looking for funding to close a seed investment round that allows them, together with the funds received from ENISA, to develop their franchise model and base their services in the cities where the solution is operational so that, later, they can enter new cities, launch more services they are working on and increase their team, as well as investment in recruitment, branding and technology, since one of the legs that centralizes their strategy is a platform that optimizes operations, automating all possible processes, thus offering an innovative franchise solution and cost-effective.
ENISA
ENISA offers financing in the form of participatory loans, of between 25,000 and 1.5 M euros, to startups and SMEs with innovative business models, allowing them to accelerate their growth and carry out innovation processes.
Specifically, through the ENISA YOUNG ENTREPRENEURS line, the bank offers participatory loans of between 25,000 and 75,000€ to help co-finance the company's strategic plan, created by young entrepreneurs under 41 years of age, providing more working capital to the round and serving as a financial alternative so that the startup can grow quickly without becoming so diluted.
Enisa loans are one of the first sources of funding that entrepreneurs usually turn to to to finance their companies in the earliest stages. They are characterized by long return periods (between 7 and 9 years) and by not requiring guarantees or guarantees from entrepreneurs. From Intelectium, we have become the financial partner of choice for Plazy.
The first aid we have obtained for them was ENISA 2021. We will keep you updated on the company's news!
