Fair is a car leasing company that provides a vehicle leasing platform to grant access to mobility.
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.
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 |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Mizuho Corporate Bank | Yes | Debt Financing |
SoftBank | Yes | Debt Financing |
Ally Financial | Yes | Debt Financing |
Silicon Valley Bank | Yes | Debt Financing |
SoftBank Vision Fund | Yes | Series B |
Next47 | Yes | Series A |
ACME Capital | Yes | Debt Financing |
Javelin Venture Partners | Yes | Seed |
CreditEase Fintech Investment Fund | — | Series B |
Expanding Capital | — | Series B |
Fair has acquired 4 organizations. Their most recent acquisition was Beepi on Dec 7, 2016. They acquired Beepi for 0.