Fair Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 181

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $20M

  • Investors
  • 1

Fair General Information

Description

Developer of a vehicle leasing platform intended to provide freedom of personal mobility. The company's platform permits users to select their car, miles and view their payments all in a mobile device with just a driver's license and bank account, enabling customers to drive the car as long as they want and the flexibility to walk away at any time by eliminating the long-term commitment of traditional financing or leasing.

Contact Information

Website
www.fair.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1540 2nd Street
  • Suite 200
  • Santa Monica, CA 90401
  • United States
Primary Industry
Automotive
Other Industries
Application Software
Acquirer
Shift Technologies
Vertical(s)
Mobility Tech, Car-Sharing
Corporate Office
  • 1540 2nd Street
  • Suite 200
  • Santa Monica, CA 90401
  • United States

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Fair Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 14-Mar-2022 $20M Completed Generating Revenue
9. Early Stage VC (Series B) 05-May-2020 Completed Generating Revenue
8. General Corporate Purpose 18-Sep-2019 Completed Generating Revenue
7. Early Stage VC 01-Mar-2019 Completed Generating Revenue
6. Debt - General 17-Jan-2019 Completed Generating Revenue
5. Early Stage VC (Series B) 17-Dec-2018 Completed Generating Revenue
4. Early Stage VC (Series A2) 03-May-2018 Completed Generating Revenue
3. Early Stage VC (Series A1) 30-Nov-2017 Completed Generating Revenue
2. Debt - General 20-Oct-2017 $1B $1.02B Completed Generating Revenue
1. Seed Round 16-Sep-2016 $16M $16M Completed Startup
To view Fair’s complete valuation and funding history, request access »

Fair Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A2
Series A1 88,981,392 $0.000010 $0.04 $0.64 $0.64 1x $0.64 9.06%
Seed 128,726,240 $0.000010 $0.01 $0.22 $0.22 1x $0.22 13.11%
To view Fair’s complete cap table history, request access »

Fair Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a vehicle leasing platform intended to provide freedom of personal mobility. The company's platform permits
Automotive
Santa Monica, CA
181 As of 2022

IL
 

San Francisco, CA
 
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Fair Competitors (6)

One of Fair’s 6 competitors is Roadster, a Formerly VC-backed company based in IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Roadster Formerly VC-backed IL
AutoFi Venture Capital-Backed San Francisco, CA
SHARE NOW Corporate Backed or Acquired Berlin, Germany
Shift Technologies Formerly VC-backed San Francisco, CA
Blinker Private Equity-Backed Denver, CO
To view Fair’s complete competitors history, request access »

Fair Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Fair Former Investors (45)

Investor Name Investor Type Holding Investor Since Participating Rounds
10X Group Venture Capital Minority
137 Ventures Venture Capital Minority
3Rodeo Venture Capital Minority
75 & Sunny Venture Capital Minority
ACME Capital Venture Capital Minority
You’re viewing 5 of 45 investors. Get the full list »

Fair Acquisitions (3)

Fair’s most recent deal was a Merger/Acquisition with Canvas (Car). The deal was made on 12-Sep-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Canvas (Car) 12-Sep-2019 Merger/Acquisition Automotive
Skurt 05-Feb-2018 Merger/Acquisition Automotive
Xchange Leasing 30-Jan-2018 Merger/Acquisition Road
To view Fair’s complete acquisitions history, request access »

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Fair FAQs

  • When was Fair founded?

    Fair was founded in 2016.

  • Where is Fair headquartered?

    Fair is headquartered in Santa Monica, CA.

  • What is the size of Fair?

    Fair has 181 total employees.

  • What industry is Fair in?

    Fair’s primary industry is Automotive.

  • Is Fair a private or public company?

    Fair is a Private company.

  • What is the current valuation of Fair?

    The current valuation of Fair is .

  • What is Fair’s current revenue?

    The current revenue for Fair is .

  • How much funding has Fair raised over time?

    Fair has raised $1.84B.

  • Who are Fair’s investors?

    10X Group, 137 Ventures, 3Rodeo, 75 & Sunny, and ACME Capital are 5 of 45 investors who have invested in Fair.

  • Who are Fair’s competitors?

    Roadster, AutoFi, SHARE NOW, Shift Technologies, and Blinker are some of the 6 competitors of Fair.

  • When was Fair acquired?

    Fair was acquired on 14-Mar-2022.

  • Who acquired Fair?

    Fair was acquired by Shift Technologies.

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