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LEASETEQ'S NEXT MILESTONE REACHED

  • Writer: LEASTEQ Marketing
    LEASTEQ Marketing
  • Dec 19, 2023
  • 2 min read

Successful completion of Series A financing round

We are pleased to announce the successful completion of our Series A financing round—an important milestone on our journey to rethink leasing. With CHF 8 million in the first closing and a total size of up to CHF 10 million, we are now looking forward to it.


Innovation also means simplification. When it comes to leasing, a traditionally complicated process, LEASETEQ offers a highly modular and fully digital leasing process. This leads to a new level of user-friendliness and efficiency throughout the entire customer lifecycle.


Simplifying processes

LEASETEQ aims to offer the world's best way of leasing for end customers and customers such as OEMs, dealers and partners - for any vehicle, anywhere.

We firmly believe that leasing should be a seamless and paperless experience. Our software delivers exactly that. By offering a 100% digital leasing solution, we eliminate paperwork, shorten processing time, and minimize manual work. Our platform streamlines every aspect of the leasing process, from application to approval and settlement to financing, creating an excellent experience for everyone involved.


Expanding Horizons

The successful completion of our financing round, led by Vi Partners with participation from Anker Capital, N & V Capital, Monte Carlo Capital, and other investors, enables us to take greater steps in the DACH region and beyond. This is an important step toward our goal of revolutionizing the leasing industry internationally and making our innovative digital leasing solution accessible to a wider audience.


Oender Boyman of Vi Partners, lead investor in this round, adds: "Although the leasing industry is profitable, it has been slow to innovate. Similar to the banks a decade ago, the industry needs to undergo fundamental change. LEASETEQ is at the forefront of this digital transformation in German-speaking Europe. The company is growing rapidly and is becoming a major player in the European market, offering solutions that meet current market needs."


Acquisition of knowledge

The completion of this round is not only the financial support we have received, but also the beginning of a valuable partnership with our new investors and the strengthening of the partnership with our existing investors such as ARMADA INVESTMENT AG and AMYP Ventures AG.


Robert Oudmayer, Chairman of the Board of Directors and shareholder of LEASETEQ, commented: "We are very grateful for the trust all investors have placed in us as a team and in our vision. In addition to capital, our investors bring a wealth of knowledge, experience, and industry expertise that will be crucial to our continued growth. We look forward to working closely with them and leveraging their expertise to advance our mission."


Thank you very much

We would like to express our sincere gratitude to all stakeholders – investors, partners, and supporters – who have believed and continue to believe in our vision. Your support has been instrumental in helping us achieve this important milestone. We are committed to delivering on our promise to offer a simple, digital customer experience, powered by cutting-edge technology, that increases efficiency and operational quality for everyone involved. We invite everyone to join us on this transformative journey. Together, we can create a better future for leasing, where simplicity and satisfaction are the norm.

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