Entrepreneurial Realities
Entrepreneurial Realities
TUM Venture Labs
#7 // Hear from entrepreneurs: Meet Daniel Garnitz, CEO of FAAREN
34 minutes Posted Nov 1, 2021 at 5:00 am.
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Daniel Garnitz is the Co-Founder and CEO of FAAREN, a Wurzburg-based provider of solutions to enable car dealers to offer car subscriptions to their customers.

FAAREN was founded three years ago. They recently closed a significant funding round which values them in the double digits range. Daniel talks about the fundraising process, which was not an easy one, and presents valuable insights, lessons learned, and best practices for founders:

  • The power of teams
  • The need for resiliency
  • Not over-engineering your MVP
  • The value of sound domain knowledge
  • and how his work as a founder has evolved