FlexCar

FlexCar

International automotive leasing company with a current presence in Greece. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$924m—1.4b (Dealroom.co estimates May 2022.)
Athens Attica (HQ & founding location)

Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-22 %271 %300 %33 %
EBITDA00000000000000000000
Profit00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000
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DateInvestorsAmountRound
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Late VC
Total Funding000k

Recent News about FlexCar

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More about FlexCar
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FlexCar is a Greek startup that offers a fresh approach to car leasing for both individuals and professionals. The company operates in the automotive leasing market, providing a subscription-based model where customers can lease a brand-new car by paying a fixed monthly subscription. This model is a departure from traditional car leasing, which often requires a hefty down payment.

FlexCar's business model is designed to be flexible and customer-friendly. Customers can return their leased vehicle at any time without any additional cost, or they can choose to purchase the car at any point during their subscription. This flexibility is a key selling point for FlexCar, as it allows customers to adapt their vehicle needs to their changing circumstances.

In addition to the leasing fee, FlexCar's subscription covers all maintenance costs, including insurance and road tax. This all-inclusive model simplifies the car ownership experience for customers, as they don't have to worry about unexpected costs or maintenance issues.

The process to lease a car from FlexCar is straightforward. Customers choose a car from the company's platform, submit necessary documents for verification, and once approved, they pay their first month's subscription electronically. The car is then ready for pickup within approximately 10 working days.

FlexCar's revenue comes from the monthly subscriptions paid by its customers. The company's target market includes individuals who need a car but don't want the financial commitment of buying one, as well as professionals who need a vehicle for their business operations.

Keywords: Car Leasing, Subscription-Based Model, Flexibility, Maintenance Included, Insurance Included, Road Tax Included, No Down Payment, Easy Process, Monthly Revenue, Target Market.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
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