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Fair
company
About
Fair is a car leasing company that provides a vehicle leasing platform to grant access to mobility.
- Santa Monica,California,United States
- 251 - 500
- https://www.fair.com
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.
Investors
Number of Lead Investors
Number of Investors
10
37
Fair is funded by 37 investors.
Mizuho Corporate Bank
and SoftBank
are the most recent investors.
| 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 |
|
|
Yes | Seed |
|
|
— | Series B |
Expanding Capital
|
— | Series B |
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.
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