Spring Free EV

Spring Free EV

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Organization

Contact Information

Overview

Spring Free EV is a financial technology company built to accelerate the adoption of electric vehicles through innovative fintech products. Its first product is the Mileage Purchase Agreement (MPA) a financial product that makes EVs more affordable by reducing the upfront costs and charging a fee per mile of use.

The company is driven by a mission to reduce C02 emissions by one gigaton through a new approach to vehicle financing that unlocks electric vehicle access for everyone.

About

Industries

Financial Services, FinTech, Sustainability, Electric Vehicle

Founded

2021

Employees

1-10

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Spring Free EV headquartered in United States, North America, operates in the Financial Services, FinTech, Sustainability, Electric Vehicle sector. The company focuses on Financial Services and has secured $992.0M in funding across 32 round(s). With a team of 1-10 employees, Spring Free EV is actively contributing to advancements in Financial Services. Their latest funding round, Debt Financing - Spring Free EV, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Sunil Paul

Sunil Paul

CEO and co-founder

Funding Rounds

Funding rounds

2

Investors

0

Lead Investors

0

Total Funding Amount

$31.0M

Details

1

Spring Free EV has raised a total of $31.0M in funding over 1 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2023Early Stage Venture31.0M

Investors

Spring Free EV is funded by 12 investors.

Investor NameLead InvestorFunding RoundPartners
Brainstorm Ventures-FUNDING ROUND - Brainstorm Ventures31.0M
Bronze Investments-FUNDING ROUND - Bronze Investments31.0M
Spring Free EV-FUNDING ROUND - Spring Free EV31.0M
City Light Capital-FUNDING ROUND - City Light Capital31.0M

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