Lizy SRL/BV Asset Profile

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Year established

2019

Location

Belgium

Primary Industry

Transportation Services

About

Based in Ixelles, Belgium, and founded in 2019 by Sam Heymans and Vincent Castus, Lizy SRL/BV, a.k.a. Lizy allows entrepreneurs, freelancers, and small business owners to lease second-hand vehicles at terms like shorter contracts and lower fees. In October 2022, LIZY raised EUR 8.5 million in venture debt. The company provides a car leasing platform that allows users to lease a wide range of secondhand cars from different brands, such as Audi, BMW, Permission, Ford, Mercedes-Benz, Skoda, Tesla, and more. Lizy offers multiple services, including rental price, maintenance, and mechanical repairs, driver', civil liability and legal expenses insurance, material damage cover, technical inspection, replacement of tires in normal use, winter/summer tires (winter tires fitted as standard on steel rims), replacement car in case of immobilization of more than 24 hours, and European roadside assistance in the monthly price of a leasing contract. As of October 2022, 1,500 companies across Belgium have leased vehicles using Lizy's platform. Lizy plans to use its proceeds from October 2022 funding to bolster its B2B car leasing platform, as well as tap into the French leasing market, as the first step towards European market leadership.

Current Investors

NewAlpha Asset Management, Alychlo, The D'Ieteren Group

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Primary Industry

Transportation Services

Sub Industries

Car Hire Services, Internet

Website

www.lizy.be

Total Amount Raised

Subscriber access only

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