About Borrow
Borrow is a company based in West Hollywood (United States) founded in 2017 by Jon Alain Guzik and Rodrigo de Guzman. Borrow has raised $100 thousand across 1 funding round from investors including URBAN-X. Borrow offers products and services including EV Subscription Service, Chevrolet Bolt EV Subscription, and Tesla Model S Subscription. Borrow operates in a competitive market with competitors including Autonomy, LMP Motors, Canoo, GO and FreshCar, among others.
- Headquarter West Hollywood, United States
- Founders Jon Alain Guzik, Rodrigo de Guzman
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Prazo Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Dec 04, 2018
- Investors
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Employee Count
Not available
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Products & Services of Borrow
Borrow offers a comprehensive portfolio of products and services, including EV Subscription Service, Chevrolet Bolt EV Subscription, and Tesla Model S Subscription.
Online platform for short-term electric vehicle rentals and delivery.
Short-term access to electric cars with easy booking and charging solutions.
Flexible term subscriptions for premium electric vehicles targeting budget users.
People of Borrow
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Funding Insights of Borrow
Borrow has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Borrow
Borrow has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include URBAN-X.
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Investor details for Borrow
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Investments & Acquisitions by Borrow
Investment portfolio details for Borrow
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Financial Statements - Borrow
Detailed financials for Borrow
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Borrow Comparisons
Peer comparison for Borrow
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Competitors of Borrow
Borrow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Autonomy, LMP Motors, Canoo, GO and FreshCar, among others.
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Electric car subscriptions are facilitated via an app-based platform.
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Subscription-based car access is facilitated through an app-based marketplace.
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Multiple categories of electric vehicles are designed and developed.
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Cars are subscribed to and accessed via an online platform.
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Online car subscription platform
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Detailed competitors of Borrow
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Latest news on Borrow
Complete news archive for Borrow
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Frequently Asked Questions about Borrow
Borrow was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Borrow is headquartered in West Hollywood, United States. It is registered at West Hollywood, California, United States.
Borrow is a funded company, having raised a total of $100K across 1 funding round to date.
Borrow was founded in 2017 by Jon Alain Guzik and Rodrigo de Guzman in West Hollywood, United States. An online platform is operated in the automotive sector, enabling subscriptions to electric vehicles. Models such as Fiat 500e, BMW i3, and Tesla Model S can be selected and booked based on availability and pricing. Subscriptions encompass maintenance, charging credits, and unlimited mileage for users.
Borrow's top competitors include Autonomy, Canoo and LMP Motors.
Borrow offers EV Subscription Service, Chevrolet Bolt EV Subscription, and Tesla Model S Subscription.
Borrow has 1 investor. Key investors include URBAN-X.