FlexCar continues to grow and expand, offering a comprehensive product tailored to its customers’ needs. The company’s ongoing investments, now exceeding €300 million, serve as a testament to its daily efforts to revolutionize the way people acquire and use vehicles on a global scale.

The latest funding round was led by the prestigious U.S. fund Data Point Capital, renowned for its high returns from investments in pioneering companies across the Internet, e-commerce, and digital technology sectors. Data Point Capital now joins FlexCar’s shareholder structure, alongside Seaya Ventures and VentureFriends, both of which have previously invested in the company. The participation of these investors, along with additional stakeholders, further underscores their confidence in FlexCar’s continuous growth trajectory.

The new capital will be used to expand FlexCar’s fleet across its existing markets—Greece, Cyprus, and Italy—as well as to enhance infrastructure, strengthen human resources, and integrate advanced technologies into its service portfolio.

FlexCar Expands into Latin America

FlexCar is now spreading its wings into Latin America with the launch of new offices in Mexico City, marking a strategic move in its global expansion plan. Mexico represents a rapidly growing market with strong demand for automotive services. The initial results have been highly promising, as the company has already experienced significant demand for its services in the first few months of operation.

A Track Record of Rapid Growth

In just five years, FlexCar has expanded into four countries, catering to thousands of businesses and individual customers while significantly increasing its market share in the flexible leasing sector. With this latest investment, FlexCar continues to demonstrate its ability to scale rapidly while maintaining a strong commitment to personalized, top-quality service.

Notably, despite significant supply chain challenges in the automotive industry, FlexCar has successfully leased over 10,000 vehicles in record time.

OpenCars: Enhancing the FlexCar Ecosystem

Since late 2021, FlexCar has also established OpenCars, a specialized business unit that sells vehicles from the FlexCar fleet.

What sets OpenCars apart from other vehicle sales brands is the transparency and reliability it offers—every vehicle comes with a verified history, backed by FlexCar’s reputation for quality and trustworthiness. OpenCars completes the FlexCar ecosystem by offering a full spectrum of mobility solutions for both private individuals and businesses.

Following the success of OpenCars, FlexCar plans to expand the brand internationally in the coming months, further reinforcing its global footprint.