Flease, the company specializing in reconditioned vehicle leasing for enterprise fleets, has closed a €13 million round led by Partech Impact, Partech’s Growth Impact Fund.
This development will allow the company to consolidate its leadership position in the B2B reconditioned vehicle leasing market and to support the growing number of enterprise fleets across France, ranging from SMEs to large businesses operating hundreds of vehicles, according to a media statement.
Founded five years ago in Lyon, Flease describes itself as “the flexible and responsible solution to enterprise vehicle leasing,” offering modifiable contracts from 1 to 50 months on nearly new and reconditioned vehicles.
At the core of its offering lies a fully telematics-driven fleet management tool that tracks usage, consumption, and service cycles in real-time, enabling precise control over fleet TCO (Total Cost of Ownership) as well as a noticeable reduction on the market price.
“Our platform supplies fleet managers with visibility and simplified daily operations. Our model is based on three principles: flexibility, transparency, and cutting deployment delays,” explains Vincent Dreyfus, co-founder.
The company, whose clients include Fill up Media, Pennylane, Seris and Belambra Clubs, operates in a market undergoing structural shifts. With the energy transition, the diversification of powertrains and changing ways of working, finance departments and CSR managers are actively seeking more sustainable, agile, and transparent mobility solutions.
With this funding round, Flease intends to accelerate its commercial deployment and strengthen its operational and financial capacities, allowing it to provide its premium service to more enterprise fleets.
“We are now able to serve fleets ranging from just a few vehicles to several hundreds, without compromising on service quality or operational efficiency, and all the while maintaining that flexibility that sets us apart,” says Constantin Eliard, co-founder.
Flease fits perfectly within Partech Impact’s investment strategy. The company is fundamentally transforming the B2B leasing value chain in France by offering a sustainable and competitive solution with a higher quality of service. Flease is a key player in the circular economy within the automotive sector.
"This dynamic and talented team is revolutionizing the leasing landscape in France. We were impressed by the quality of execution, the clarity of vision, and the innovative nature of Flease’s offering, led by Vincent and Constantin. We look forward to supporting them as they scale into a sustainable leader in the French leasing market,” comment Arnaud Minvielle and Rémi Said, General Partners at Partech Impact.
With this move, Flease strengthens its position as a credible alternative to traditional leasing giants in the enterprise fleet sector, joining a cohort of European players rethinking business mobility through the lens of flexibility, transparency, and efficiency.
Photo credit: Flease
