LIZY
Financials
Estimates*
EUR | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
EBITDA | (<1m) | (<1m) | (<1m) | - |
Profit | (<1m) | (1.2m) | (2.6m) | (3.4m) |
Date | Investors | Amount | Round |
---|---|---|---|
* | €8.5m | Series A | |
* | N/A | €32.0m | Debt |
* | €7.5m | Debt | |
* | €4.0m Valuation: €42.5m | Early VC | |
Total Funding | €12.5m |
Related Content
Recent News about LIZY
EditLizy.be is a Belgium-based startup that operates in the automotive leasing industry, specifically focusing on the leasing of used cars. The company's primary target market is businesses, with over 3,000 companies reportedly relying on Lizy for their auto leasing needs.
The business model of Lizy is straightforward and customer-centric. Clients choose a car, select the lease duration and the annual mileage, and receive a non-binding quote. The entire leasing process is conducted online, making it convenient and efficient for businesses.
One of the key selling points of Lizy is its cost-effectiveness. The company claims that its used car leases are up to 20% cheaper than new ones. This, coupled with the fact that all services, from tax to insurance, are included in the lease, eliminates any unpleasant surprises and makes budget management easier for businesses.
Another significant advantage of Lizy is its quick delivery time. Once the contract is signed and confirmed, the leased car is delivered for free to the client's office or home within three weeks. The company prides itself on its excellent customer service, both during and after the sale, which is reflected in the positive customer testimonials on its website.
In summary, Lizy.be is a digital, cost-effective, and customer-friendly solution for businesses looking for used car leasing options.
Keywords: Automotive leasing, Used cars, Business clients, Online process, Cost-effective, All-inclusive services, Quick delivery, Excellent customer service, Digital solution, Belgium market.