Beely raised EUR 2.8M for its car sharing platform service

Beely, a Helsinki, Finland-based company operating a consumer marketplace for car sharing services, completed a EUR 2.8M ($3.2M) capital investment round.

The funding was provided by Finnish investors, including Sanoma Media Finland, the insurance company Turva and the private equity fund Avanto Capital.

Beely was founded at the end of 2018 as a car subscription (Cas as a Service) market place, offering pre-used cars (1-4 years) for low price points and short subscription periods (12+ months).