Flease announced that it has raised €13 million in funding led by Partech Impact, Partech’s Growth Impact Fund.
Flease specializes in reconditioned vehicle leasing for enterprise fleets. The company plans to use the funding to strengthen its position in the B2B reconditioned vehicle leasing market and support more enterprise fleets across France.
Founded five years ago in Lyon, Flease offers flexible leasing contracts ranging from 1 to 50 months on nearly new and reconditioned vehicles.
The company describes its model as a flexible and responsible alternative for enterprise vehicle leasing. Its customers include SMEs, mid-market companies, and large enterprises operating fleets ranging from a few vehicles to several hundred.
Flease’s offering includes a telematics-driven fleet management tool that tracks vehicle usage, consumption, and service cycles in real time. The platform is designed to help fleet managers control total cost of ownership and simplify day-to-day operations.
The company said the market is undergoing structural changes as enterprise fleets respond to the energy transition, powertrain diversification, and evolving work patterns. Finance departments and CSR managers are increasingly seeking more sustainable, agile, and transparent mobility solutions.
With the new funding, Flease plans to accelerate commercial deployment and strengthen its operational and financial capacity while expanding access to its service for more enterprise fleets.
Partech Impact said Flease fits its investment strategy by transforming the B2B leasing value chain in France with a sustainable and competitive model tied to the circular economy in the automotive sector.
Flease said the investment strengthens its position as an alternative to traditional leasing providers in the enterprise fleet sector.
KEY QUOTES:
“Our platform supplies fleet managers with visibility and simplified daily operations. Our model is based on three principles: flexibility, transparency, and cutting deployment delays.”
Vincent Dreyfus, Co-Founder of Flease
“We are now able to serve fleets ranging from just a few vehicles to several hundreds, without compromising on service quality or operational efficiency, and all the while maintaining that flexibility that sets us apart.”
Constantin Eliard, Co-Founder of Flease
“This dynamic and talented team is revolutionizing the leasing landscape in France. We were impressed by the quality of execution, the clarity of vision, and the innovative nature of Flease’s offering, led by Vincent and Constantin. We look forward to supporting them as they scale into a sustainable leader in the French leasing market.”
Arnaud Minvielle and Rémi Said, General Partners at Partech Impact
