joinborrow

Borrow - JoinBorrow.com - is an automotive subscription service delivering inclusive all-electric car access for 3, 6 or 9 month terms.

Business Model: B2C

Revenue: $0

Employees: 11-50

Rankings

Detailed joinborrow Information

Geographic Data

joinborrow headquarters map

Address:

City: West Hollywood

State: California

Zip:

Country: United States

Financial Info

Stage:

equity crowdfunding

Raised Last:

$0

Raised Total:

$2M

Metrics

2,891,491Website Global Rank

4,863Website Monthly Traffic

Twitter Followers

Description

Launched in August 2017, Borrow (joinborrow.com) is a flat-fee short term car leasing service. With its proprietary subscription platform, Borrow enables customers to ‘subscribe’ to three, six, or nine month renewable subscriptions to a pre-owned electric vehicle as well as take advantage of an engaging mix of concierge services, partner deals, perks, treats and discounts available over the lifetime of the subscription. Borrow is perfect for consumers relocating for work or school who need short-term transportation, those looking for an inexpensive alternative to ride-sharing and individuals who don’t want to commit to a traditional years-long automotive lease. Borrow&s;s lineup of electric vehicles give users an array of models to choose from depending on the specific lifestyle and financial needs of each user. Signing up is simple and with just a few steps on the Borrow website, Borrow&s;s users can choose to subscribe to a variety of electric vehicles at all different price points -- no stressful dealership visit, large sums of money for down payments or the hassle of insurance and DMV services. Borrow&s;s service simplifies the complexity of automotive acquisition, ownership, and maintenance through its premium all-electric service.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
6/2019 Seed Round 2 $50k Erhan Bilici
Third Sphere
Erhan Bilici
Third Sphere
4/2020 Debt Financing $100k
1/2016 Angel Round $25k
10/2016 Angel Round $75k
11/2015 Pre Seed Round $100k
6/2017 Seed Round 1 $190k Mucker Capital
Mucker Capital
1/2019 Seed Round 1 $50k Third Sphere
Third Sphere
12/2018 Debt Financing $425k
9/2016 Seed Round $25k
10/2015 Pre Seed Round $30k
2/2019 Seed Round $25k
7/2020 Equity Crowdfunding 1 - Bay Wharf Capital
Bay Wharf Capital
10/2019 Debt Financing $500k
11/2018 Seed Round 2 $100k URBAN-X
Third Sphere
URBAN-X
URBAN-X
Third Sphere
URBAN-X
11/2017 Debt Financing $100k
7/2020 Equity Crowdfunding 1 - Bay Wharf Capital
Bay Wharf Capital
Announced Date Name Price

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