FAAREN Group
B2B SaaS that enables automotive companies to offer car subscription services.
Launch date
Employees
Market cap
-
Enterprise valuation
$22m (Public information from Jul 2022)
Company register number HRB 14343 (Würzburg)
Rottendorf Bavaria (HQ), Würzburg Bavaria (founding location)
Financials
Estimates*
| EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | <1m | <1m |
| % growth | - | (13 %) | 512 % | 38 % | 10 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €150k Valuation: €1.0m | Seed | |
| N/A | $1.0m Valuation: $4.5m 49.9x EV/LTM Revenues | Seed | |
€4.5m Valuation: €14.0m 196.8x EV/LTM Revenues | Seed | ||
| N/A | €3.0m Valuation: €20.0m 45.9x EV/LTM Revenues | Seed | |
* | N/A | Angel | |
| Total Funding | $9.4m | ||
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