DGAP-News: Heliad Equity Partners GmbH & Co. KGaA: Heliad invests in the series B round of FINN


 

DGAP-News: Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Investment
Heliad Equity Partners GmbH & Co. KGaA: Heliad invests in the series B round of FINN

31.05.2022 / 09:05
The issuer is solely responsible for the content of this announcement.


Heliad Equity Partners participates with a single digit million amount in FINN's series B funding round

Frankfurt am Main, 31st of May 2022 - Heliad Equity Partners GmbH & Co. KGaA (ISIN: DE000A0L1NN5) welcomes FINN to its portfolio by participating in the $110M Series B round led by Korelya Capital along with Keen Ventures, Climb Ventures, and Waterfall Asset Management. Existing investors such as White Star Capital, HV Capital, Heartcore Capital, UVC Partners, and Picus Capital also participated in the round. FINN plans to use the funding to support its U.S. expansion and to strengthen its leadership position in Europe.

With the new Series B funding amount, FINN will continue to bring its all-inclusive car subscription business to the mass-market, revolutionizing the new car experience. Furthermore, the flexibility and easiness of booking car subscriptions via FINN serves as a catalyst for electric vehicles. One third of FINN’s fleet is already fully electric, and the share is quickly growing. The company also announced the opening of its U.S. headquarters in New York City and will offer its car subscriptions in California and Florida later this year. In 2022, FINN is on track to have 25,000 global subscribers. The company is transforming the new vehicle experience through its innovative car subscription model - making it fun, sustainable, and convenient. As consumers shift from offline to online and favor flexibility and ease-of-use over ownership, FINN provides the ideal solution to the evolving automotive customer.

The car subscription company is now valued at more than $500M. This financing comes on the heels of up to $200 million in asset-backed security (ABS) funding the company raised for U.S. market expansion from Waterfall Asset Management in March 2022. With its $520 million EU ABS raised from Credit Suisse and Waterfall Asset Management in December 2021, this new financing brings FINN’s total capital raised to $830 million within the past six months. Besides supporting its growth, FINN will use its funding to advance its core technology and accelerate hiring across its global teams. 

About FINN
FINN is a car subscription platform united by its purpose to make mobility fun and sustainable by providing a flexible, fun and sustainable way to choose the car that best fits its customers' lifestyles. The established car subscription provider offers complete transparency in pricing, as well as comprehensive insurance, maintenance and 24/7 customer and roadside support. What is more, the company facilitates the transition to drive electric vehicles, and compensates the CO2 for every mile driven for all its cars. FINN makes driving a car as easy as purchasing shoes online: with just a few clicks, customers can subscribe to a car that will be delivered straight to their door in just a few days or weeks.

About Heliad
Heliad (ISIN: DE000A0L1NN5 / Ticker: HPBK) is a listed investment company with a mission to empower both entrepreneurs and investors. The company invests in market leading companies across various verticals and regions to power their next phase of growth. As a listed company and through our strong team and strategic partners, Heliad can support companies pre, at and post IPO and act as a gateway to public equity capital markets.

An evergreen structure allows Heliad to act independently of usual fund lifecycles and provides shareholders with unique access to pre-IPO market returns without any restrictions or limitations in terms of investment size and term commitment. Further information about Heliad can be found under www.heliad.com follow us on LinkedIn.

Contact
Heliad Equity Partners GmbH & Co. KGaA
E-Mail: [email protected]
 


31.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt/M.
Germany
Phone: +49 69 719 12 80 0
Fax: +49 69 719 12 80 999
E-mail: [email protected]
Internet: www.heliad.com
ISIN: DE000A0L1NN5
WKN: A0L1NN
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1364601

 
End of News DGAP News Service

1364601  31.05.2022 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 3,55 19,48 15,30 5,46 26,24 0,95 0,00
EBITDA1,2 -23,01 39,18 -53,97 11,06 57,74 17,22 0,00
EBITDA-Marge3 -648,17 201,13 -352,75 202,56 220,05 1.812,63 0,00
EBIT1,4 -23,01 39,18 -57,98 11,04 57,74 17,22 0,00
EBIT-Marge5 -648,17 201,13 -378,95 202,20 220,05 1.812,63 0,00
Jahresüberschuss1 -21,96 39,59 -56,61 11,35 57,28 17,04 0,00
Netto-Marge6 -618,59 203,23 -370,00 207,88 218,29 1.793,68 0,00
Cashflow1,7 -3,53 -3,33 -5,12 -2,03 -2,43 -8,10 0,00
Ergebnis je Aktie8 -2,31 4,02 -5,72 1,15 5,80 1,67 0,40
Dividende8 0,15 0,20 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: ifb Treuhand

INVESTOR-INFORMATIONEN
©boersengefluester.de
Heliad Equity Partners
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0L1NN 6,300 Kaufen 70,67
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,45 4,51 2,54 5,92
KBV KCV KUV EV/EBITDA
0,45 - 74,62 4,63
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00 21.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.04.2022 30.09.2022 25.10.2022 30.04.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-3,90% -28,82% -38,24% -44,25%
    
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Beteiligungen , A0L1NN , HPBK , XETR:HPBK