Overview
FAAREN is the leading asset light marketplace in the car subscription space in Germany for car dealerships, rental companies, OEMs, car subscription providers, banks and insurers. A team of 40 people is building the company since 2018. The company raised € >10m from a VC, Angels and Family Offices. FAAREN is also running B2B SaaS and White Label products in the B2C and B2B fleet space.
Tech Stack
Funding History
Pre Seed Round
$350K
Nov 2018
Enowa
Seed Round
$1.0M
May 2020
Seed Round
$4.9M
May 2021
Helvetia Venture Fund, SEK Ventures
Seed Round
Undisclosed
Sep 2021
Kroschke Group
Convertible Note
$3.0M
Jul 2022
Series A
$3.5M
Feb 2024
Gert Schaub
