Post by UVC Partners

Owning a car used to be the default. Increasingly, it isn't. 🚘 More and more people want mobility that's flexible, digital, and available on demand. Just as easy and effortless as their favorite streaming subscription. FINN turned that exactly this into a business: letting customers subscribe to cars from 25+ brands entirely online, with insurance, registration and maintenance in one monthly payment. 💫 Today, FINN closes a €100 million Series D (with an additional >€40 million in debt financing from BC Partners Credit and @Runway Growth Capital) and crosses €1 billion in valuation, reaching unicorn status as Germany's leading car subscription platform 🦄 The round is led by Portage, alongside existing investors including UVC Partners. We're investing €23 million from our new Growth Fund II and a special purpose vehicle (SPV), with Wachstumsfonds Deutschland, advised by KfW Capital, having backed FINN since its seed round in 2019. From a Munich startup to 50,000+ active subscriptions and over €300 million in annual recurring revenue. As our Managing Partner Dr. Ingo Potthof puts it: “What sets FINN apart is its consistent execution of a highly complex business model – one that many other startups have failed to master. By combining a seamless digital experience with the flexibility of a subscription model, the company has built a highly scalable platform and a strong customer proposition.“ Congratulations to Maximilian Wühr and the whole team! 💯 🩵

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