Announced
Completed
Financials
Sources
Tags
car subscription
Germany
Acquisition
Friendly
Completed
Cross Border
Private
Minority
Venture Capital
Private Equity
subscription services for product alerts
Auto Services
Synopsis
Korelya Capital, a venture capital firm, led a $110m Series B funding round in FINN, a car subscription platform, with participation from Keen Venture Partners, Climb Ventures, Greentrail Capital, Waterfall Asset Management, White Star Capital, HV Capital, Heartcore Capital, UVC Partners, and Picus Capital. "We are honored to welcome such experienced investors on board. With this fundraising, we can bring our all-inclusive car subscriptions to the mass-market. What motivates us further, is that our flexible and easy to book car subscriptions serve as a catalyst for electric vehicles. One-third of our fleet is already fully electric, and the share is quickly growing. With the new investment, we bring not only car subscriptions, but also electric vehicles to a large audience," Max-Josef Meier, FINN CEO and Co-Founder.
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