1. Fair $385M
Round: Series B
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 raised a total of $451M in reported funding over six rounds.
Industry: Automotive, Financial Services, FinTech
Funding date: December 20
Total equity funding raised to date: $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 Venture’s 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.