109m

“Finn Secures Major $109 Million Investment with $658 Million Valuation, Accelerating Growth of Innovative Car Subscription Platform”

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That emphasis on sustainability is translating into a goal at Finn to have 80% of its car inventory electric by 2028, from 40% today. Previous backers such as HV Capital, Korelya Capital, UVC Partners, White Star Capital and Picus Capital are also participating. It’s been a very bumpy road for the car subscription market over the years. The idea of car subscriptions is neat, but the execution is not. And it’s brokered deals in advance with car retailers to buy up the vehicles when subscriptions are finished.