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14-slide pitch deck: double down on EVs and the US

  • Finn, a German car subscription startup, secured $110 million in Series C funding.
  • The Munich-based company focuses on leasing electric vehicles (EVs) and services over 25,000 subscribers.
  • Finn's growth strategy includes direct-to-consumer offerings and partnerships with industries like consulting and healthcare.
  • The company reported $175 million in annual recurring revenue (ARR) for 2023, marking a 35% increase.
  • Despite market challenges, Finn successfully closed the funding round led by Luxembourg's Planet First Partners.
  • The funding values Finn at $656 million, approximately 3.7x its ARR.
  • Funds will enhance customer experience, expand in Germany and the U.S., and support headcount growth in engineering and tech.

Source: Business Insider

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