Lizy
Lizy is a company.
Financial History
Leadership Team
Key people at Lizy.
Lizy is a company.
Key people at Lizy.
LIZY is a Brussels-based digital car leasing platform specializing in affordable, circular leasing of used electric vehicles (EVs) for SMEs, entrepreneurs, and freelancers.[1][2][3] It solves the traditional leasing industry's wastefulness—where new cars are produced for each contract and resold post-term—by promoting multi-phase leasing of pre-owned EVs, which have longer lifespans, lower maintenance, and greater environmental benefits as usage extends.[1][3] Serving thousands of customers in Belgium (its market leader for used car leasing), France, and the Netherlands, LIZY delivers vehicles in under three weeks via a seamless online process, achieving +100% turnover growth by 2024, doubling staff to 60, and ranking as Belgium's third-fastest-growing company that year.[1][3] In August 2025, it raised €75 million (€10M equity, €65M debt) from investors D'Ieteren, Alychlo, and NewAlpha to scale internationally, with France sales already up 3.5x year-over-year in 2025.[1][3]
Founded in 2019 in Ixelles, Belgium, by Sam Heymans (current CEO) and Vincent Castus, LIZY emerged from a vision to disrupt car leasing for smaller businesses overlooked by traditional providers.[1][3][4] The duo identified the inefficiency of one-off new car leases, pioneering used vehicle leasing—especially EVs—from day one, betting on their durability and sustainability.[1][3] Early traction came quickly in Belgium, building a reputation for affordability and quality; by 2022, Alychlo invested, fueling expansion into France and the Netherlands.[2] Pivotal moments include winning the 2024 Fleet Europe Remarketing Sustainability Award, 100%+ turnover growth by 2024, and the 2025 funding round amid surging EV adoption (84% of 2025 contracts).[1][3]
LIZY rides the accelerated electrification wave, where EU mandates and falling EV costs drive fleet transitions, perfectly suiting its used-EV model (84% of contracts).[3] Timing aligns with sustainability regulations favoring circular economies—reusing vehicles cuts emissions more than new production—while market forces like SME demand for cheap green mobility amplify its edge.[1] It influences the ecosystem by normalizing digital, sustainable leasing, challenging incumbents, and paving the way for broader "mobility-as-a-service" for SMBs across Europe.[2]
With €75M fueling faster international rollout, LIZY is poised to dominate European SMB EV leasing, expanding into full mobility solutions like bikes and charging.[1][2] Trends like deepening electrification, circular economy policies, and digital adoption will propel it; expect deeper penetration in France/Netherlands and new markets by 2026+. Its influence could reshape leasing as lifetime partnerships, turning one-time rentals into sustainable ecosystems—proving circular models deliver growth and impact in tandem.[3]
Key people at Lizy.