FundedIQ
Commerce and Shopping

FAAREN: Funding, Investors & Team (Sep 2026)

FAAREN is running a light asset mobility fintech car subscription marketplace. They offer monthly car subscriptions. The press calls them the Spotify for cars. At the same time they enable car dealers to participate in this new market so that they become mobility providers rather than just car sellers.

www.faaren.com LinkedIn Würzburg, Germany 11-50 employees
Automotive FinTech Marketplace Subscription Service
Total raised
$100k
Rounds
1
Latest
Seed
Sep 2021

FAAREN has raised $100k across 1 funding round on record, the most recent a Seed of $100k announced in Sep 2021.

That round is below the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

FAAREN Company Profile and Key Stats

Total funding raised
$100k
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$100k in Sep 2021
Employees
11-50
reported band
Headquarters
Würzburg, Germany

Latest funding round on record: Sep 2021.

FAAREN Funding Rounds

Date
Round
Amount
Seed
$100k

FAAREN Founders and Leadership Team

Name
Role
Contact
Daniel Garnitz
CEO
Locked

Contact details for the FAAREN team: 1 of 1 has an email address on file.

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FAAREN Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
1,812
$6.5M
16,485
$3.1M

FAAREN's latest round of $100k is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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FAAREN Funding FAQs

What does FAAREN do?

FAAREN is running a light asset mobility fintech car subscription marketplace. They offer monthly car subscriptions. The press calls them the Spotify for cars. At the same time they enable car dealers to participate in this new market so that they become mobility providers rather than just car sellers.

How much funding has FAAREN raised?

FAAREN has raised $100k across 1 round on record. The most recent is a Seed of $100k announced in Sep 2021.

When did FAAREN last raise funding?

FAAREN's most recent funding round on record is a Seed of $100k, announced in Sep 2021.

Who is the CEO of FAAREN?

Daniel Garnitz is listed as CEO at FAAREN.

Where is FAAREN headquartered?

FAAREN is based in Würzburg, Bayern, Germany.

How many employees does FAAREN have?

FAAREN is in the 11-50 employee band.

How does FAAREN's funding compare to other Commerce and Shopping startups?

FAAREN's latest round of $100k is below the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's FAAREN Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FAAREN is left off this page rather than filled in.

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