Mobile Club operates a technology-rental platform that lets users subscribe to smartphones and other devices instead of purchasing them outright. After merging with fellow rental firm Next Mobiles, the combined group now serves both consumers (under the Mobile Club and Next Mobiles brands) and enterprises (under the Cleaq brand). The company reports more than 70,000 subscribers across France, Belgium and Luxembourg and generates €30 million in annual recurring revenue (ARR). Its business model is rooted in the circular economy, emphasizing usage over ownership and simplifying device upgrades. With fresh capital, management plans to extend the catalog beyond smartphones and accelerate expansion throughout Europe. The organization aims to become the leading tech-rental provider in France while preparing for broader continental reach. Management has set a target of surpassing €100 million in ARR by 2030 through organic growth and additional acquisitions.

Total raised

$37M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026