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Finn
Monthly car subscription platform
- 201-500 employees
- B2C
- Travel
- Cars
- Bogenhausen, Munich, Germany
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Company mission
To make mobility fun and sustainable.
Our take
The subscription economy has led to the rise of many different companies across all sorts of industries. One surprising sector where it has been a hit is the vehicle economy, with the global car subscription market projected to reach revenues of over $11 billion by 2026.
Finn is a car subscription company that is tackling the opacity of costs and commitment surrounding car ownership, by providing a subscription for those who need a car more intermittently than permanently. Its all-inclusive monthly subscriptions cover over 15 brands of vehicle, at a broad range of prices starting in the low hundreds. Interestingly, these subscriptions are offset in the long term by a tree planted by the company per journey you take.
Boasting impressive annual recurring revenue and over 25,000 active subscriptions, it is no surprise Finn has secured an impressive 100 million euros in fresh funding. There are plenty of competitors in the space, but this raise indicates that the company is a major player in European markets, with funds being used to accelerate its growth in the ever-expanding electric car sector.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Individual Career Opportunities - Choose your career path and become a leader or expert in your field. No matter what we commit to a leadership that will bring your skills to the next level
- Personal development budget - At FINN, we encourage constant growth and learning. In light of your personal strengths and weaknesses as well as the career path, you can consider how you would like to use your Personal Development Budget
- Pension Schemes - We have different programs to prepare employees for retirement and to ensure stability at the end of their career
- Awesome team events - Up for a ski trip, a day at the lake or a bowling night? We regularly organize team events to celebrate the great work of the FINN team
- Well-being support - We care about you! That's why we ease access to counseling services in case you need support for your well-being
- Empowering Parents - Do you have kids? Then you can get a subsidy for preschool childcare in Germany or partial insurance coverage for dependents in the US
- Insurance Coverage - If you live in the US, FINN covers 100% of your insurance base package that can be used for various healthcare services
- Sports Membership - If you live in Germany, you benefit from subsidized sports membership that entitles you to sports and wellness facilities across the country
- Employee Participation Program - By holding virtual shares, you benefit directly from FINN's growth and future success
- Discounted Car Subscriptions - Do you want to drive your own FINN car? No problem with our employee discount
Company values
- Aim High - We are bold and ambitious to create impact
- Own it - We take initiative and get things done
- Win together - We support each other to succeed together
- Embrace Openness - We are inclusive, honest and foster diversity
- Obsess about customers - We delight customers and champion their needs
Funding (last 2 of 5 rounds)
Apr 2024
$1.1m
LATE VC
Jan 2024
$105.3m
SERIES C
Total funding: $244.8m
Leadership
Andreas Styz
(CTO)Currently an Expert Partner at Picus Capital. Previously Head of Development at Westwing Home & Living, as well as Founder and CTO at trbo and Head of Social Business Intelligence at SnipClip.
Hans-Peter Ringer
(VP OEM Partnerships & Lead Principal Fleet Purchasing)Previously Director of International Fleet Purchasing and Management of Trainee Operations at SIXT.
Maximilian Wuhr
(CEO)Currently a Venture Scout at Picus Capital and Member of the Board at Verlag Systemische Medizin. Previously Manager of Venture Development at Current Ventures and at Kaia Health.
Nikolai Schroeder
(COO)Previously a Consultant at Boston Consulting Group, and also worked in Technology Consulting at Accenture. Undertook a Master Thesis at Porsche Consulting.