HV Holtzbrinck leads €8.8m seed round for Finn.auto

Also participating in the round were Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital.

According to a statement, Finn.auto intends to use the fresh capital to expand its fleet, focusing on providing more electric vehicles. The company also plans to increase its headcount.

HV's recent investments include its participation in the €10m round for coaching software platform CoachHub in November 2019.

As reported by Unquote, Swiss car leasing subscription company Carvolution raised CHF 11m in a series-B round backed by Redalpine and Armada in November 2019.

Company
Finn.auto provides an online car leasing subscription service platform, which it launched in October 2019. The platform allows customers to lease cars flexibly and for short periods of time, with the option to change or cancel their subscription at any time. The platform offers 76 different vehicles.

The company has a headcount of 17, according to LinkedIn, and was founded in 2019.

People
Finn.auto – Max-Josef Meier (founder, CEO).
HV Holtzbrinck – Rainer Märkle (general partner).

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