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FAIR
Fair
Smartphone-based car leasing / vehicle subscription platform · Santa Monica, California · United States · Founded · 2016 · ≈ · 323 · employees

Fair — Valuation, Funding & Investors

Private

Fair is a private company building in smartphone-based car leasing / vehicle subscription platform. Investors last valued the company at $1.2B. No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Fair at a glance
Last valuation
$1.2B
SEP 2019
Raised across rounds
1 round
IPO status
Private
no listing announced
Nearest Canborsa market
MSFT—
MSFT-PERP · live
Valuation history

Fair valuation history

1 valuation. The latest, $1.2B, was set by the Canvas acquisition (equity-for-stake deal) in Sep 2019.

Latest valuation
Set by the Canvas acquisition (equity-for-stake deal) · 12 Sep 2019
Valuations
1
Priced rounds with a valuation
Event type
Acquisition
The Canvas acquisition (equity-for-stake deal)
Funding history

Fair funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Canvas acquisition (equity-for-stake deal)
Sep 2019
$1.2B
—
Ford Motor Company
—
Fair · investors

Investors

FFord Motor CompanyLEADSSoftBank
Will Fair IPO?
Founded
2016
Sep 2019
Canvas acquisition (equity-for-stake deal) · $1.2B
IPO
Not announced
No filing has been made.
Fair — the private market
Last valuation$1.2B · Sep 2019
Lead investorsFord Motor Company
IPO statusNot announced
Founded · HQ2016 · Santa Monica, California · United States
Employees≈ 323
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Fair

Fair operates a smartphone-based car leasing platform that lets people lease a vehicle for as little as one month, an alternative to signing a traditional multi-year auto loan. The company was co-founded by Scott Painter and is based in the United States.

In 2019, Fair acquired Canvas, an on-demand vehicle-subscription business, from Ford to expand its leasing and subscription offering. At the time, SoftBank-backed Fair carried a $1.2 billion valuation.

The money screen · ranked by accessibility

How to get Fair exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Fair.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Fair availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Fair included.

No account needed

Fair stock — frequently asked questions

What is Fair's valuation?›

The last valuation is $1.2B.

Who has invested in Fair?›

Lead investors for each round are in the funding timeline.

Who are Fair's competitors?›

The closest smartphone-based car leasing / vehicle subscription platform peers are on the competitors page.

How can I get exposure to Fair?›

The routes section explains what is realistically available for a company at this stage.

Is Fair publicly traded?›

No. Fair is a private company; its shares do not trade on a public exchange.

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