Spring Free Ev announced it raised $4.6 Million in an initial filing from an offering of $4.84 Million
Spring Free Ev announced it raised $4.6 Million in an initial filing from an offering of $4.84 Million
01/04/24, 7:08 PM
Location
Money raised
$4.6 million
Industry
financial services
Round Type
seed
Company Info
Location
912 cole st.
san francisco, california, united states
Additional Info
Spring Free EV is a financial technology company built to accelerate the adoption of electric vehicles (EVs) through innovative fintech products. We have the bold mission to reduce CO2 emissions by one gigaton by 2030 through a new vehicle financing approach that makes EVs more accessible to everyone. Spring Free EV was co-founded in 2021 and is backed by leading investors Reid Hoffman, Marianne Wu, Mark Pincus, Ev Williams, and others.
Our 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.