Borrow Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
7
- Latest Deal Type
-
2ndary - Private
- Investors
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5
Borrow General Information
Description
Operator of an electric vehicle subscription platform intended to provide flexible and commitment-free access to sustainable transportation. The company offers short-term subscriptions for pre-owned electric vehicles with three or six-month terms, including insurance, maintenance, roadside assistance, and charging solutions, enabling individual consumers to access zero-emission mobility without long-term lease commitments or down payments.
Contact Information
Website
www.joinborrow.comCorporate Office
- 6600 Sunset Boulevard
- Suite 200
- Los Angeles, CA 90028
- United States
Corporate Office
- 6600 Sunset Boulevard
- Suite 200
- Los Angeles, CA 90028
- United States
Borrow Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 8. Equity Crowdfunding | 04-Nov-2020 | Completed | Generating Revenue | |||
| 7. Debt - General | 21-Apr-2020 | Completed | Generating Revenue | |||
| 6. Seed Round | 11-Oct-2019 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 04-Mar-2019 | Completed | Generating Revenue | |||
| 4. Seed Round | 13-Dec-2018 | Completed | Generating Revenue | |||
| 3. Seed Round | 13-Nov-2017 | Completed | Generating Revenue | |||
| 2. Seed Round | 29-Oct-2016 | $125K | $230K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 06-Nov-2015 | $130K | $130K | Completed | Generating Revenue |
Borrow Comparisons
Industry
Financing
Details
Borrow Competitors (2)
One of Borrow’s 2 competitors is Autonomy, a Venture Capital-Backed company based in Santa Monica, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Autonomy | Venture Capital-Backed | Santa Monica, CA | ||||
| Envoy Technologies | Formerly VC-backed | Culver City, CA |
Borrow Signals
Borrow Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bay Wharf Capital | Venture Capital | Minority | ||
| Empire Group International | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Rebel One Ventures | Venture Capital | Minority | ||
| Third Sphere | Venture Capital | Minority |
Borrow FAQs
-
When was Borrow founded?
Borrow was founded in 2015.
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Where is Borrow headquartered?
Borrow is headquartered in Los Angeles, CA.
-
What is the size of Borrow?
Borrow has 7 total employees.
-
What industry is Borrow in?
Borrow’s primary industry is Automotive.
-
Is Borrow a private or public company?
Borrow is a Private company.
-
What is Borrow’s current revenue?
The current revenue for Borrow is .
-
How much funding has Borrow raised over time?
Borrow has raised $1.95M.
-
Who are Borrow’s investors?
Bay Wharf Capital, Empire Group International, , Rebel One Ventures, and Third Sphere have invested in Borrow.
-
Who are Borrow’s competitors?
Autonomy and Envoy Technologies are competitors of Borrow.
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