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FAAREN Group GmbH: Funding, Investors & Team (Sep 2026)

FAAREN is a B2B SaaS that empowers auto organizations like vehicle sales centers, OEMs, renting banks, rental organizations and armada organizations to offer computerized vehicle membership administrations all alone. FAAREN offers a start to finish framework from white mark arrangements, dashboards and all advanced essential cycles that organizations need to bring set up to the table for vehicle memberships.

www.faaren-group.com LinkedIn Würzburg, Germany 11-50 employees
Automotive SaaS Subscription Service B2B
Total raised
$5.0M
Rounds
2
Latest
Series A
Feb 2024

FAAREN Group GmbH has raised $5.0M across 2 funding rounds on record, the most recent a Series A announced in Feb 2024.

FAAREN Group GmbH Company Profile and Key Stats

Total funding raised
$5.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Series A
Feb 2024
Employees
11-50
reported band
Headquarters
Würzburg, Germany

Latest funding round on record: Feb 2024.

FAAREN Group GmbH Funding Rounds

Date
Round
Amount
Series A
Undisclosed
Convertible Note
$5.0M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

FAAREN Group GmbH raised $5.0M in a Convertible Note announced in Jul 2022.

1.6 years later, a Series A was announced in Feb 2024 with no disclosed amount.

FAAREN Group GmbH Founders and Leadership Team

Name
Role
Contact
Fabian Hagen
Founder
Locked
Daniel Garnitz
CEO

Contact details for the FAAREN Group GmbH team: 1 of 2 have an email address on file.

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FAAREN Group GmbH Funding Compared to Other Other Startups

Segment
Companies
Median round
1,391
$3.0M
1,812
$6.5M
8,352
$15M

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FAAREN Group GmbH Funding FAQs

What does FAAREN Group GmbH do?

FAAREN is a B2B SaaS that empowers auto organizations like vehicle sales centers, OEMs, renting banks, rental organizations and armada organizations to offer computerized vehicle membership administrations all alone. FAAREN offers a start to finish framework from white mark arrangements, dashboards and all advanced essential cycles that organizations need to bring set up to the table for vehicle memberships.

How much funding has FAAREN Group GmbH raised?

FAAREN Group GmbH has raised $5.0M across 2 rounds on record.

When did FAAREN Group GmbH last raise funding?

FAAREN Group GmbH's most recent funding round on record was announced in Feb 2024. The amount was not disclosed.

Who founded FAAREN Group GmbH?

FundedIQ lists Fabian Hagen (Founder) at FAAREN Group GmbH.

Who is the CEO of FAAREN Group GmbH?

Daniel Garnitz is listed as CEO at FAAREN Group GmbH.

Where is FAAREN Group GmbH headquartered?

FAAREN Group GmbH is based in Würzburg, Bayern, Germany.

How many employees does FAAREN Group GmbH have?

FAAREN Group GmbH is in the 11-50 employee band.

About FundedIQ's FAAREN Group GmbH 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 Group GmbH is left off this page rather than filled in.

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