FlexCar secured €50 million from Greek funds VentureFriends and Uni.fund, joined by Seaya and Frontline Ventures.

FlexCar, an Athens, Greece-based startup operating a car-as-a-service platform, announced that it secured a €50 million ($60M) capital funding round.

The money was raised from investors from Greece, existing shareholders VentureFriends and Uni.fund, joined by the Spanish VC Seaya Ventures and Irish VC Frontline Ventures.

FlexCar, founded in 2018 by CEO Konstantinos Davaris and George Desyllas, is active in the market of car rental offering flexible leasing solutions (car as a service), through a platform that enables individuals and businesses to rent a car against a monthly subscription, which covers everything except fuel.

FlexCar previously raised €1.5M from Venture Friends and Uni.fund in 2019.