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Spring Free EV
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Short description

Provider of electric vehicles as a service for small fleets

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector fleet management

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters San Francisco, CA San Francisco, United States
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Updated by Cleantech Group on 07/04/2023

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Date Company
Partnerships
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Date Partner Type
01/13/2022
Cox Automotive Cox Automotive
Spring Free EV and Cox will provide used electric vehicles as a shared service for small businesses where users will pay a monthly fee and per mile rate.
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Confirmed by Cox Automotive
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IPO INFORMATION

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IPO Type

Amount

Initial shares

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Exchange listed

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Prospectus

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Description

Date Investors Type Amount
04/06/2023 Spring Lane Capital Spring Lane Capital , Gaingels Gaingels (2)
Post-money valuation of
Funding will be directed towards providing services to more customers including fleets.
Series A $31,000,000
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