Hamburg-based FinTech company Flexvelop has raised 44 million euros to fuel its expansion and build stronger partnerships with retailers and manufacturers. The company, which specializes in flexible equipment leasing for businesses, aims to scale its operations and enhance its financing model.
This latest funding includes 40 million euros in credit lines from refinancing partners and 4 million euros in equity from existing investors, InnoVentureFonds (IVF) and Seventure Partners.
According to Flexvelop’s CEO, Dr. Hans-Christian Stockfisch, this financial boost marks a significant milestone in the company’s journey. He expressed gratitude to the investors and banking partners for their trust, emphasizing that the financing is crucial for the company’s expansion and future development. With this equity increase, he noted that Flexvelop has successfully transitioned from a startup to a fully established industry player.
Founded in 2018, Flexvelop introduced an innovative financing model called “Flexing,” which combines the best aspects of renting, leasing, and loans into a single, flexible solution. Designed for small and medium-sized enterprises (SMEs), the model allows businesses to acquire essential equipment immediately without large upfront investments.
Through an all-digital process, companies can use a wide range of equipment, from laptops and coffee machines to specialized medical devices, without committing to long-term ownership. Businesses have the flexibility to either purchase or return the equipment at any time, while Flexvelop absorbs the investment risk. This streamlined approach ensures that SMEs can scale their operations without the financial burden of traditional leasing contracts.
With the increasing demand for alternative financing solutions, particularly in times of economic uncertainty, Flexvelop has positioned itself as one of the fastest, most cost-efficient, and flexible options for business equipment financing. Traditional leasing models often come with rigid terms and extended contracts, making them less suitable for companies that require agility and financial flexibility. By contrast, Flexvelop’s model offers businesses the ability to adapt their equipment needs in real time.
The investment community sees significant potential in Flexvelop’s approach. IVF’s Senior Investment Manager, Stefanie Höhn, highlighted the growing demand for alternative financing options among SMEs. She stated that flexible financing models are more crucial than ever, and Flexvelop is well-positioned to play a leading role in this evolving market. Similarly, Julien Cazor, Venture Partner at Seventure Partners, emphasized that Flexvelop has successfully demonstrated the effectiveness of its innovative rental model across Germany. With plenty of untapped potential, the company is now preparing for its next phase of growth, and its investors are eager to support this expansion.
The fresh capital will enable Flexvelop to secure additional partnerships with major retailers and manufacturers, allowing the company to increase its financing capacity and handle a greater volume of leased equipment. This expansion will further solidify its presence in the industry, making it an increasingly attractive option for businesses looking for alternative financing solutions.
In addition to its financial growth, Flexvelop is also undergoing a brand transformation. The company has introduced a new corporate identity that includes a modernized logo, a redesigned website, and a refined visual style. This rebranding reflects its evolution from a fast-growing startup to a mature and established financing platform.
As the demand for flexible leasing solutions continues to rise, companies like Flexvelop are at the forefront of reshaping the traditional business equipment leasing industry. With a digital-first approach and a customer-centric model, the company is pioneering a new era in equipment financing. Now equipped with substantial funding and a strong network of investors, Flexvelop is well-positioned to continue expanding, offering SMEs the financial flexibility they need to grow and invest in their future without being tied down by long-term financial commitments.
