Flease secures €13M to expand sustainable fleet leasing across France

Flease, a company specialising in reconditioned vehicle leasing for enterprise fleets, just closed a €13 million round led by Partech Impact, Partech’s Growth Impact Fund. 

Founded five years ago in Lyon, Flease describes itself as “the flexible and responsible solution to enterprise vehicle leasing,” offering flexible 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. 

According to Arnaud Minvielle and Rémi Said, General Partners at Partech Impact: 

"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.”