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Spring Free EV
San Francisco, US · Founded 2021 · Delaware corporation · 22 employees on LinkedIn · 4 known investors
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EverFleet provides EV leasing, financing, and fleet-management services for businesses and professional drivers, including contractor fleets, last-mile delivery operators, small businesses, and rideshare/gig drivers. It sources electric vehicles ranging from compact cars to cargo vans and offers flexible weekly payment and ownership options.
Founders & leadership
Spring Free EV was founded in 2021 by Sunil Paul.
Board
Investors · 4
How we know: Brainstorm Ventures's portfolio page · Not right? Tell us
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How we know: Spring Lane Capital's portfolio page · funding news · press coverage · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$15.7M disclosed across 2 rounds · 2023
▶$4.6MraisedJan 2024 · 27 investors · Other TechnologyRule 506(b)
- Sunil PaulExecutive Officer, Director, Promoter
- Robert DayDirector
- Martin LagodDirector
- Offering amount
- $4.8M
- Amount sold
- $4.6M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$11.1MraisedApr 2023 · 31 investors · Other TechnologyRule 506(b)
- Martin LagodDirector
- Sunil PaulExecutive Officer, Director, Promoter
- Robert DayDirector
- Offering amount
- $11.1M
- Amount sold
- $11.1M
- First sale
- Mar 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Spring Free EV do?
- EverFleet provides EV leasing, financing, and fleet-management services for businesses and professional drivers, including contractor fleets, last-mile delivery operators, small businesses, and rideshare/gig drivers. It sources electric vehicles ranging from compact cars to cargo vans and offers flexible weekly payment and ownership options.
- Who founded Spring Free EV?
- Spring Free EV was founded by Sunil Paul in 2021.
- Who are Spring Free EV's investors?
- Spring Free EV's investors include Brainstorm Ventures, Gaingels, Spring Lane Capital, City Light.
- How much funding has Spring Free EV raised?
- Spring Free EV has disclosed $15.7M raised across 2 rounds.
- Where is Spring Free EV headquartered?
- Spring Free EV is headquartered in San Francisco, US.