FlexCar provides flexible vehicle leasing that lets customers obtain cars, scooters or business vans with minimal refundable deposits and delivery within about 10 working days. The company serves individuals, freelance drivers and businesses and emphasizes flexibility in lease duration. Founded in 2018, FlexCar has expanded from Greece and Cyprus into Italy and operates a FlexCar Hub in Greece to support international growth. The business has invested over €100 million in its markets and reports having increased its turnover eightfold in three years. Last year it raised €50 million from domestic and international investors and currently employs more than 150 staff, with plans to double headcount by 2023. Management plans to roll out new products and use recent funding to accelerate international expansion.

Total raised

$222M

Funding rounds

1

Latest round

Equity

Latest activity

May 2022