FINN Raises €140 Million And Achieves Unicorn Status

By Amit Chowdhry • Yesterday at 7:52 AM

FINN announced the closing of its Series D funding round, which includes nearly €100 million in fresh equity capital and more than €40 million in debt financing, bringing the total financing package to about €140 million.

The round values FINN at more than €1 billion, giving the company unicorn status. FINN is Germany’s leading car subscription platform and said the funding marks a major step toward scaling into Europe’s leading platform for flexible mobility.

The Series D was led by Portage, a global investor focused on fintech and mobility businesses. UVC Partners, an early-stage investor in FINN, also significantly increased its commitment. Existing investors also participated, including Planet First Partners, Korelya Capital, White Star Capital, HV Capital, and Picus Capital.

Additional growth capital is being provided through debt financing facilities from BC Partners Credit and Runway Growth Capital. SevenVentures, the investment arm of German media company ProSiebenSat.1, is also participating through a media-for-equity agreement, giving FINN access to the media group’s high-reach advertising inventory.

FINN plans to use the Series D proceeds to scale its subscription fleet, deepen profitability, and continue investing in the technology platform and operational infrastructure that have supported its growth.

The company has more than 50,000 subscriptions and annual recurring revenue exceeding €300 million. FINN said these figures make it one of Europe’s fastest-growing companies and position it to consolidate its leadership in Germany while continuing to build toward long-term European category leadership.

Founded in Munich in 2019, FINN enables customers to subscribe to vehicles from more than 25 brands entirely online. Available brands include BMW, Mercedes-Benz, Cupra, Opel, Hyundai, MG, and BYD. The company’s all-inclusive monthly subscription package covers insurance, financing, registration, taxes, maintenance, and servicing.

By combining flexible access, a digital-first customer experience, and transparent pricing, FINN has established itself as a pioneer in the car subscription market. The company’s mission is to make mobility accessible and effortless while shaping the future of flexible mobility.

Jefferies served as placement agent to FINN on the Series D funding round.

KEY QUOTES:

“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.”

“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.”

Maximilian Wühr, CEO and Co-Founder of FINN

“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.”

Devon Kirk, General Partner and Co-Head at Portage Capital Solutions

Source: FINN press release uploaded by you.