About Farie
Farie is a Transportation, Automotive & Logistics company based in Zurich (Switzerland) founded in 2021. Online marketplace of second hand cars. Farie has raised $4.54 million across 1 funding round from investors including Carvolution and Die Mobiliar. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include AutoScout24 Switzerland, Autolina and car4you.
Company details
Farie was founded in 2021 in Zurich, Switzerland. An online marketplace is operated in the automotive sector, focusing on second-hand vehicles. A platform is provided for users to buy and sell used cars, with options to select specific brands and models. Operations are centered in Switzerland, facilitating transactions through the domain farie.ch.
- Total Equity Funding$4.54M (USD)
in 1 rounds
- Latest Funding Round$4.54M (USD), Series A
Feb 2024
- InvestorsCarvolution
& 1 more
Funding Insights of Farie
Farie has successfully raised a total of $4.54M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.54 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.54M
- Total Rounds 1
- Last Round Series A — $4.54M
- First Round $4.54M
(Feb 2024)
- Investors Count 2
All 1 funding rounds of Farie with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $4.54M | Series A | – | Die Mobiliar, Carvolution | – |
2 investors in total: 2 institutional.
Investors in Farie
Farie has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Carvolution and Die Mobiliar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Life and non-life insurance is provided by this Swiss cooperative. | 1826 | mobiliar.ch | Bern, Switzerland | |
Car subscription services are provided by Carvolution in Switzerland. | 2018 | carvolution.com | Aarwangen, Switzerland |
Investor details for Farie
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Farie
2 dated milestones of Farie across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Farie is founded.
- Funding First funding round of $4.5M.
Competitors of Farie
Farie has 3 listed competitors in our database. They include AutoScout24 Switzerland, Autolina and car4you.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autoscout24.ch | 2003 | Wunnewil Flamatt, Switzerland | Online classifieds portal of used & new automobiles | |||
| autolina.ch | 2015 | Weinfelden, Switzerland | Listing platform for buying and selling new and used cars | |||
| car4you.ch | 1997 | Zurich, Switzerland | Offers intellectual property protection, domain, DNS, and monitoring services for enterprises. |
Detailed competitors of Farie
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Related news about Farie
Complete news archive for Farie
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Frequently Asked Questions about Farie
Farie was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Farie is headquartered in Zurich, Switzerland.
Farie is a funded company, having raised a total of $4.54M across 1 funding round to date. The company's 1st funding round was a Series A of $4.54M, raised on Feb 2024.
Farie was founded in 2021 in Zurich, Switzerland. An online marketplace is operated in the automotive sector, focusing on second-hand vehicles. A platform is provided for users to buy and sell used cars, with options to select specific brands and models. Operations are centered in Switzerland, facilitating transactions through the domain farie.ch.
Farie's top competitors include AutoScout24 Switzerland, Autolina and car4you.
Farie has 2 investors. Key investors include Carvolution, and Die Mobiliar.