FINN raises €100M Series D, becomes Germany's newest unicorn
Munich-based car subscription company FINN has become Germany's newest unicorn after closing a €100 million Series D round, announced in June 2026. FINN lets customers subscribe to fossil-fuel and electric vehicles from more than 30 car manufacturers; it now serves over 50,000 subscribers and generates more than €300 million in annual recurring revenue.
The round was led by Paris/London-based VC firm Portage, with participation from UVC Partners, Planet First Partners and Korelya Capital. SevenVentures, the investment arm of ProSiebenSat.1, joined in a media-for-equity deal. BC Partners Credit and Runway Growth Capital separately provided more than €40 million in debt financing.
FINN was crowned Europe's fastest-growing startup by Sifted in 2025.
CEO Maximilian Wühr played down the unicorn milestone. "I'm not a very sentimental person. It captures a single moment in time. Ultimately, it's not a goal in and of itself," he told Sifted.
Wühr said the company will stay focused on its existing markets rather than expanding globally: "The boring answer is that we're going to do more of the same: pursue more profitable growth. We're seeing very strong momentum in Germany."
He added that the raise went more smoothly than expected, despite worries that investors were concentrating on AI and defence startups: "It was easier than previous rounds."
FINN's leap into the unicorn club is a rare bright spot for German startups in a cautious funding climate — and a vote of confidence in flexible mobility from international backers led by Portage. Television advertising, Wühr says, has been a surprisingly strong channel: "People said it was a dying medium, but it's not."
Read more: Sifted
Image credit: Generated with Gemini