9. Fair $385M
Round: Series B
Date of funding: December 20
Description: Santa Monica-based Fair is a car leasing company that aims to grant access to mobility to everyone by pioneering the car-as-a-service (CaaS) concept. Founded in 2016, Fair has now raised a total of $451M in equity funding over six funding rounds.
Industry: Automotive, Financial Services, FinTech
Location: Santa Monica
Total equity funding raised: $451M
Funding round details: Fair, the flexible automotive leasing platform, has raised $385M in Series B funding from investors led by SoftBank with participation from Exponential Ventures, Munich Re VentureÆs ERGO Fund, G Squared, and CreditEase. Founded by Boone Park, Craig Nehamen, Georg Bauer, Jennifer Parke, Matt Cacciola, Scott Painter in 2016, Fair has now raised a total of $451M in total reported equity funding.
The TechWatch Media Group audience is driving progress and innovation at a global scale. With its regional media properties, TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
