Fair.com logo — Fair stands for the freedom of personal mobility to all who...

Fair.com

Fair stands for the freedom of personal mobility to all who want it.

Founded 2016 United States Santa Monica, United States 66 employees Debt Financing Total: $1.60B Finance, Financial Services +2

General Information

Company Name Fair.com
Founded Year 2016
Location United States Santa Monica, United States
Employees 66
Industries Finance, Financial Services, Industrial +1
Funding Stage Debt Financing
Social

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About Fair.com

Fair.com is an automotive FinTech company founded in 2016, headquartered in the United States. The company's slogan "Fair stands for the freedom of personal mobility to all who want it" embodies its mission to revolutionize car buying. Fair's innovative approach offers unparalleled freedom and flexibility through an end-to-end mobile experience, reflecting its commitment to fairness. With an emphasis on accessibility, Fair’s game-changing app allows users to shop, get approved, and make payments entirely through their mobile devices using just a driver’s license and bank account. Their latest investment of $500.00M in debt financing, secured on 17 September 2019, involved prominent investors including SoftBank Group and Mizuho Corporate Bank. This substantial investment signifies the industry's confidence in Fair's disruptive model. The company's focus on the intersection of finance and industrial sectors underscores its potential for market impact. With its unique offering and strong financial backing, Fair.com is poised to redefine the automotive industry while upholding its principles of fairness and inclusivity.

Business keywords: Automotive FinTech, Car leasing, Mobile app, Flexible payments, End-to-end experience, Personal mobility, Game-changing technology, Freedom of choice, CaaS (Car-as-a-Service), Innovative financing, Flexibility in car ownership, Mobile approval process

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $100.00M 1
Ally Financial
27 Aug 2019
Debt Financing $50.00M 1
Silicon Valley Bank
24 Jan 2019
Series B $385.00M 7
Hambro Perks, Expanding Capital +5
20 Dec 2018
Series A $50.00M 10
MaC Venture Capital, Moonshots Capital +8
05 Mar 2018
Debt Financing $1.00B 1
ACME Capital
20 Oct 2017
Venture Round Undisclosed 3
BMW i Ventures, Penske Automotive Group +1
20 Oct 2017
Seed Round $16.00M 10
Moonshots Capital, Obvious Ventures +8
07 Sep 2017
Series A Undisclosed 1
Moonshots Capital
17 Feb 2017
Seed Round Undisclosed 1
Moonshots Capital
16 Sep 2016
Convertible Note Undisclosed 1
Moonshots Capital
20 Apr 2016

Fair.com Alternatives & Competitors

Fair.com vs

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Venture round
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FAQ About Fair.com

Fair stands for the freedom of personal mobility to all who want it.
Fair.com was founded in 2016.
Fair.com is headquartered in Santa Monica, United States.
Fair.com operates in Finance, Financial Services, Industrial and Automotive. Its work centres on Automotive FinTech, Car leasing, Mobile app and Flexible payments.
Fair.com has approximately 66 employees.
Fair.com has completed 10 funding rounds, raising a total of $1.60B. The latest funding stage is Debt Financing.
Top alternatives and competitors to Fair.com include Xchange Leasing. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fair.com and Xchange Leasing are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fair.com, https://bouncewatch.com/company/faircom, updated 17 November 2024. When citing, please name BounceWatch and link this page.

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