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Fair

company

About

Fair is a car leasing company that provides a vehicle leasing platform to grant access to mobility.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$100M
Industries
Automotive,Finance,Industrial,Industrial Manufacturing,Leasing
Founded date
Jan 1, 2016
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Fair Servicing, LLC
Also Known As
fair.com

Fair is a car leasing company that aims to grant access to mobility to everyone by pioneering the car-as-a-service (CaaS) concept. It gives customers the freedom to drive the car they want for as long as they want, and the flexibility to walk away at any time.

Fair was founded on 2016 and is headquartered in Santa Monica, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
13
$2.10B
Fair has raised a total of $2.10B in funding over 2 rounds. Their latest funding was raised on Sep 17, 2019 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 17, 2019 Debt Financing $500M 2 Mizuho Corporate Bank
SoftBank
Detail
Aug 27, 2019 Debt Financing $100M 1 Ally Financial Detail
Jan 24, 2019 Debt Financing $50M 1 Silicon Valley Bank Detail
Dec 20, 2018 Series B $385M 7 SoftBank Vision Fund Detail
Oct 23, 2018 Convertable Note 1 Detail

Investments

Number of Investments
Number of Lead Investments
3
1
Fair has made 3 investments. Their most recent investment was on Nov 16, 2022, when ArmorCode raised $14M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 16, 2022 ArmorCode
Series A $14M Cyber Security
Nov 15, 2022 Omneky
Seed $7M Advertising Yes
Sep 13, 2021 Omneky
Seed $3M Advertising

Employee Profiles

Number of Employee Profiles
19
Fair has 19 current employee profiles, including Executive Edward Brojerdi
Executive
Board member
Executive
Executive
Employee

Acquisition

Fair has acquired 4 organizations. Their most recent acquisition was Beepi on Dec 7, 2016. They acquired Beepi for 0.

Date Company Name
Industry Acquisition Type Price
Dec 7, 2016 Beepi
Automotive acquisition Detail
Jan 30, 2018 Xchange Leasing
Automotive acquisition $ 400M Detail
Feb 5, 2018 Skurt
Automotive acquihire $ 50M Detail
Sep 12, 2019 Canvas
Automotive acquisition Detail