Brussels-based LIZY has raised a further €10 million in fairness and €65 million in debt financing to underscore its ambition and speed up the growth of its round electrical leasing mannequin.
The fairness comes from present shareholders D’Ieteren, Alychlo (the funding automobile of Marc Coucke), and NewAlpha Asset Administration.
“For LIZY, second-hand leasing has been the apparent selection for years,” says CEO Sam Heymans. “The electrification of the European automotive fleet is central to our success. Electrical automobiles final for much longer and require much less upkeep. Furthermore, the environmental advantages develop the longer automobiles stay on the street. Due to this new funding, we will now speed up our worldwide development even additional.”
Based in 2019, by Sam Heymans and Vincent Castus. The 2 entrepreneurs needed to make inexpensive leasing with good service accessible to smaller companies. As we speak, LIZY’s focus is principally on making electrical leasing inexpensive for enterprise clients. In doing so, the corporate goals to take the lead in making the leasing market extra sustainable because it expands into France and the Netherlands.
Within the conventional leasing market, the established order is evident: for each new lease contract, a brand new automotive is produced. As soon as the lease contract ends, the automotive is bought. A second contract merely doesn’t yield sufficient. LIZY sees it otherwise.
From the start, the corporate has believed within the potential of second-hand leasing, particularly for smaller clients.
With electrical automobiles, the “one and finished” mannequin makes little sense: they last more and require much less upkeep than automobiles with conventional combustion engines. This makes them appropriate for a second and infrequently even a 3rd lease cycle. For LIZY, accelerating electrification is due to this fact the perfect second to shift into the next gear.
“LIZY had clear, formidable plans and an authentic imaginative and prescient from the beginning,” says Alychlo Founder Marc Coucke. “The corporate’s efforts are being rewarded with fast development and it’s using the momentum of electrification. This success stems from their robust imaginative and prescient and willpower. For Alychlo, investing in LIZY matches completely with our objectives: it’s Belgian, sustainable, formidable, and modern.”
Second-hand leasing has one other benefit within the context of electrification: the local weather advantages.
In keeping with the corporate, the most important share of CO2 emissions from a battery-electric automobile comes from its manufacturing. The longer an electrical automotive is used, the extra its CO2 emissions are offset. This makes the ecological footprint of electrical and second-hand leasing considerably decrease than that of different contracts.
84% of the contracts LIZY has signed to date in 2025 have been for electrical automobiles.
“Electrical driving is clearly the long run, however for smaller companies, new EVs are nonetheless a serious funding,” says Denis Gorteman, CEO of investor D’Ieteren. “LIZY’s second-hand mannequin makes electrical leasing accessible to extra clients and thereby accelerates the transition to electrical fleets in corporations.”
As we speak, LIZY serves 1000’s of SMEs in Belgium, France, and the Netherlands. In the meantime in France, the corporate is reportedly promoting greater than 3.5 instances as a lot this 12 months as in the identical interval in 2024.
“After all, we’re happy with this recognition, however we nonetheless have loads of work forward of us,” concludes Heymans. “This capital permits us to advertise our round strategy on a bigger scale, giving corporations throughout Europe entry to high-quality, inexpensive, and sustainable mobility.”
