# FAAREN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/faaren

- Industry: Software
- Headquarters: Wurzburg, Germany
- Website: www.faaren-group.com
- Latest round: Seed (May 17, 2021)
- Investors on record: 3

## About

Founded in 2018 and based in Munich, Germany, FAAREN GmbH operates an online platform that provides white-label software solutions that enable automotive stakeholders to become car subscription providers. In February 2024, the firm raised a venture funding amount from an individual investor. As of 2024, the company is headed by its CEO Daniel Garnitz.

FAAREN Group offers a car subscription shop system as a white-label solution. This includes a shop system with a catalog, product detail pages, checkout, a customer dashboard, and a powerful dashboard for managing subscription processes and payments. Their software supports a range of vehicles, including cars, motorhomes, trucks, motorcycles, bicycles, and scooters, and can be customized to meet specific business needs.

## Funding rounds

- Seed, May 17, 2021 — Helvetia Group Venture Fund, Kroschke, SEK Ventures

## Investors

- Helvetia Group Venture Fund (https://capitalatlas.ai/funds/helvetia-group-venture-fund) — Seed
- Kroschke — Seed
- SEK Ventures — Seed