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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
Financial Services, FinTech, Sustainability, Electric Vehicle
2021
1-10
Headquarters locations
United States, North America
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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.
Funding Rounds
2
0
0
$31.0M
Details
1
Spring Free EV has raised a total of $31.0M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2023 | Early Stage Venture | 31.0M |
Investors
Spring Free EV is funded by 12 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Brainstorm Ventures | - | FUNDING ROUND - Brainstorm Ventures | 31.0M |
Bronze Investments | - | FUNDING ROUND - Bronze Investments | 31.0M |
Spring Free EV | - | FUNDING ROUND - Spring Free EV | 31.0M |
City Light Capital | - | FUNDING ROUND - City Light Capital | 31.0M |
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