Farie
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Farie was a Swiss car-trading platform founded in 2021, headquartered in Bannwil. It helped customers buy or sell used cars at fair prices, with vehicles delivered to the doorstep with a warranty — a digital alternative to traditional dealerships. The startup raised an early-stage Series A round in February 2024, but by late 2024 it was out of business: PitchBook marks it out of business on December 17, 2024, and the Swiss Official Gazette of Commerce records that Farie AG was dissolved by general assembly resolution on September 26, 2024, entering liquidation.
02 / Farie FAILURE REASONS
Failure factors
quoted Farie saying it could no longer ensure the company's continued existence in the current market environment; operations were wound down in an orderly way with wages and creditors paid while a buyer was sought—months after a CHF 4M Series A with Mobiliar.
could not ensure continued existence in the current market environment.
03 / EVENT HISTORY
Events in the structured record
- Liquidation
SHAB publication HR02-1006169414 (4 Nov 2024) records Farie AG renamed Farie AG in Liquidation and dissolved by general-meeting resolution dated 26 Sep 2024 with liquidators appointed. Inside Paradeplatz separately reported the homepage stating Farie was ceasing business operations.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Farie was founded in 2021 in Bannwil, Switzerland, as a digital used-car trading platform offering fair-price selection, doorstep delivery, and warranty.
- 02
The startup raised an early-stage (Series A) venture round in February 2024.
- 03
On September 26, 2024, the general assembly resolved to dissolve Farie AG, and the company entered liquidation (Farie AG in Liquidation).
- 04
PitchBook records Farie as out of business on December 17, 2024.