About Spring Free EV
Spring Free EV is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2021. It operates as an online leasing services for electric vehicles are offered. Spring Free EV has raised $42.8 million across 4 funding rounds from investors including Spring Lane Capital, Bronze Venture Fund and Brainstorm Ventures. Its website springfreeev.com draws about 14 thousand monthly visits. Spring Free EV offers products and services including EV Fleet Leasing, EV Financing, Tesla Fleet Program, Rivian Fleet Program, and Truck Fleet Leasing Program. Its focus areas include Auto, Auto Retail & Aftersales, Financial Services and Finance. Its legal entity is Spring Free EV, Inc. Its competitors include Car Broker New York and Pedal Auto.
Company details
Spring Free EV was founded in 2021 and is based in San Francisco, United States. Operations focus on the electric vehicle sector, where online leasing services are provided to customers. The platform enables access to electric vehicles through flexible leasing options, managed digitally. Services are targeted at individuals and businesses seeking sustainable transportation solutions within the U.S. market.
- Headquarters San Francisco, United States
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website springfreeev.com
- Social LinkedIn X
- Legal Name Spring Free Ev, Inc
- Total Equity Funding$42.8M (USD)
in 4 rounds
- Latest Funding Round$7.2M (USD), Series A
Sep 2025
- InvestorsSpring Lane Capital
& 8 more
Products & Services of Spring Free EV
Spring Free EV offers a comprehensive portfolio of products and services, including EV Fleet Leasing, EV Financing, Tesla Fleet Program, Rivian Fleet Program, and Truck Fleet Leasing Program.
Leasing program for commercial electric vehicle fleets.
Financing options to lower costs for large fleets.
Specialized program for Tesla vehicle fleet integration.
Program for Rivian electric vehicles in fleets.
Leasing solutions for electric truck fleets.
Funding Insights of Spring Free EV
Spring Free EV has successfully raised a total of $42.8M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in September 2025. 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.
- Total Funding $42.8M
- Total Rounds 4
- Last Round Series A — $7.2M
- First Round $31M
(Mar 2023)
- Investors Count 9
All 4 funding rounds of Spring Free EV with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $7.2M | Series A | – | Spring Lane Capital | – |
| Dec 2023 | $4.6M | Series A | – | – | – |
| Apr 2023 | – | Debt – Conventional | – | – | – |
| Mar 2023 | $31M | Series A | – | Spring Lane Capital, Bronze Venture Fund |
9 investors in total: 6 institutional and 3 angel.
Investors in Spring Free EV
Spring Free EV has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Spring Lane Capital, Bronze Venture Fund and Brainstorm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Spring Lane Capital is focused on sustainable project financing. | 2017 | springlanecapital.com | Boston, United States | |
Investments are directed by Bronze Venture Fund into multiple sectors. | – | bronze.vc | San Mateo, United States | |
Venture capital is provided to seed and early-stage companies. | – | brainstorm.vc | San Francisco, United States | |
Venture capital fund investing in pre-seed and seed stage startups | – | pitbull.vc | Los Angeles, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | – | climatecapital.co | San Francisco, United States | |
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | – | gaingels.com | - | |
RH Reid Hoffman | Co-founder of LinkedIn, venture capitalist, and influential angel investor globally. | – | unknown_4c19383c245a497db | - |
EW Ev Williams | Co-founder of Twitter and Medium, active angel investor in tech startups. | – | unknown_3a763d4b731341bda | - |
MP Mark Pincus | - | – | unknown_ee56ba0a9ab84c5cb | - |
Investor details for Spring Free EV
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People of Spring Free EV
4 people are tracked at Spring Free EV (4 in leadership).
| Name | Role | Group |
|---|---|---|
Thomas Madison | Head of Credit & Risk | Leadership |
Tenni Theurer | Co-Founder and Chief Product Officer | Leadership |
Andrew Toler | Head Of Operations | Leadership |
Janine Guerra Wilson, MPA, PHR, SHRM-CP | Interim Head of People Ops | Leadership |
Complete people profiles for Spring Free EV
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Timeline of Spring Free EV
3 dated milestones of Spring Free EV across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Spring Free EV is founded.
- Funding First funding round of $31.0M.
- Funding Latest funding round, Series A, of $7.2M.
Competitors of Spring Free EV
Spring Free EV has 2 listed competitors in our database. They include Car Broker New York and Pedal Auto, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carbrokernewyork.com | 2016 | New York, United States | – | – | Online platform for car leasing, financing, and trade-in services in New York. | |
| getcarzy.com | 2021 | Los Angeles, United States | – | – | An online platform for car leasing services. |
Detailed competitors of Spring Free EV
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Web traffic of Spring Free EV
The website of Spring Free EV (springfreeev.com) receives about 13.6K visits a month.
- Monthly visits13.6K
▼ 15.5% vs previous month
Websites whose visitors overlap most with Spring Free EV. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
financialsamurai.com | financialsamurai.com | 100% | – | #182,064 | – |
| vamosys.com | 98% | 31.8K | #834,074 | View details | |
| coverwhale.com | 96% | 25.2K | #720,557 | View details | |
| cloudtrucks.com | 84% | 32.9K | #490,934 | View details | |
| spero.financial | 83% | – | #759,621 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spring Free EV
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- Audience overlap
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Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as Spring Free EV (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.85 B | – | 11 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 |
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Related news about Spring Free Ev
Complete news archive for Spring Free EV
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Frequently Asked Questions about Spring Free EV
Spring Free EV was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Spring Free EV is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Spring Free EV is a funded company, having raised a total of $42.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $31M, raised on Mar 2023.
Spring Free EV was founded in 2021 and is based in San Francisco, United States. Operations focus on the electric vehicle sector, where online leasing services are provided to customers. The platform enables access to electric vehicles through flexible leasing options, managed digitally. Services are targeted at individuals and businesses seeking sustainable transportation solutions within the U.S. market.
Spring Free EV's top competitors include Car Broker New York and Pedal Auto.
Spring Free EV offers EV Fleet Leasing, EV Financing, Tesla Fleet Program, Rivian Fleet Program, and Truck Fleet Leasing Program.
Spring Free EV has 9 investors. Key investors include Spring Lane Capital, Bronze Venture Fund, Brainstorm Ventures, Pitbull Ventures, and Climate Capital.
Spring Free EV operates through Spring Free Ev, Inc.