LeasePlan
Financials
Estimates*
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €4.9b Valuation: €4.9b | Acquisition | |
N/A | €609k | Grant | |
Total Funding | $670k |
Recent News about LeasePlan
EditLeasePlan is a global leader in the automotive leasing and fleet management industry, offering comprehensive long-term subscription-based mobility solutions. The company operates two primary businesses: Car as a Service (CaaS) for new vehicles and CarNext.com, a marketplace for high-quality used cars. LeasePlan serves a diverse range of clients, including corporate fleets, small and medium-sized enterprises (SMEs), and individual consumers.
LeasePlan's business model is centered around providing integrated services that include vehicle leasing, maintenance, insurance, and fleet management. This approach ensures a steady stream of recurring revenue, making the business resilient and cash-generative. The company operates in over 30 countries and manages a fleet of approximately 1.9 million vehicles.
LeasePlan is committed to sustainability and aims to achieve net zero emissions from its funded fleet by 2030. The company is actively transitioning from internal combustion engines to alternative powertrains, positioning itself as a leader in the shift towards greener mobility solutions.
Keywords: automotive leasing, fleet management, subscription-based, Car as a Service, CarNext.com, sustainability, net zero emissions, integrated services, global operations, recurring revenue.