FINN, Germany’s car subscription platform, raised nearly €100 mn in Series D funding to expand its car subscription platform across Europe. The round was led by Portage, with participation from UVC Partners, Planet First Partners, Korelya Capital, White Star Capital, HV Capital and Picus Capital, according to Beinsure.
BC Partners Credit and Runway Growth Capital also committed more than €40 mn in debt financing. SevenVentures joined the round through a media-for-equity agreement, giving FINN access to advertising inventory across ProSiebenSat 1 media channels.
The financing pushed FINN’s valuation above €1 bn, giving the Munich-based company unicorn status.
Founded in 2019, FINN has grown into Germany’s largest car subscription platform. Customers subscribe online to vehicles from more than 25 brands, including BMW, Mercedes-Benz, Cupra, Opel, Hyundai, MG and BYD. Each subscription includes insurance, vehicle registration, maintenance and servicing under a single monthly payment.
According to Beinsure, the new capital will expand FINN’s subscription fleet, strengthen profitability and support continued investment in technology and operational infrastructure.
The company currently manages more than 50k active subscriptions and reports annual recurring revenue exceeding €300 mn. Management plans to strengthen its position in Germany while expanding toward its long-term goal of becoming Europe’s leading flexible mobility platform.
Chief Executive Officer and Co-Founder Maximilian Wühr said consumer expectations continue shifting toward flexible mobility and digital-first services. He said the latest funding gives FINN the financial resources, strategic partners and operational foundation needed to expand efficiently while maintaining a focus on profitable growth.
“We are witnessing a fundamental shift in the mobility industry, where flexibility, seamless digital experiences, and easy access are becoming increasingly important. Our vision is to make mobility as accessible and effortless as possible. The support of our investors enables us to accelerate this transformation and build Europe’s leading platform for modern mobility. Achieving unicorn status is less a destination than a validation of the path we have taken so far – and a motivation for what lies ahead,” said Maximilian Wühr, CEO and Co-Founder of FINN.
Portage General Partner and Co-Head Devon Kirk said FINN has changed customer expectations for vehicle access by combining a fully digital experience with subscription flexibility. He added the company has demonstrated efficient scaling while maintaining a strong customer experience.
With this round, we have the capital, the partners, and the operational foundation to keep scaling FINN efficiently while staying focused on profitable growth and long-term category leadership.
“FINN has redefined what consumers expect from mobility solutions, combining the convenience of a digital-first experience with the flexibility of a subscription vehicle. The company has demonstrated its ability to scale efficiently while delivering a best-in-class customer experience. FINN is exceptionally well positioned to shape how the next generation of consumers access mobility,” said Devon Kirk.
According to Beinsure, demand for vehicle subscription services continues to grow as consumers seek alternatives to traditional ownership and long-term leasing. FINN plans to use the Series D proceeds to strengthen its technology platform and scale operations across the European mobility market.
