Spring Free EV - About the company
Spring Free EV is a series A company based in San Francisco (United States), founded in 2021 by Cassandra John, Martin L Lagod and Tenni Theurer. It operates as a Provider of online electric vehicles leasing services. Spring Free EV has raised $42.8M in funding from investors like Spring Lane Capital, Brainstorm Ventures and Gaingels. The company has 7 active competitors, including 3 that are funded. Its top competitors include companies like Octopus Energy, Zevvy and Flux.
Company Details
- Website
- www.springfreeev.com
- Email ID
- *****@springfreeev.com
Key Metrics
Founded Year
2021
Location
San Francisco, United States
Stage
Series A
Total Funding
$42.8M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 7 active competitors
Employee Count
24 as on Sep 30, 2026
Legal entities associated with Spring Free EV
Spring Free EV is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Spring Free EV, Inc. CIN: 20221377107 , United States, Active | Apr 14, 2022 | - | - | - |
Spring Free EV, Inc. CIN: 87-1888313 , United States, Active | Dec 31, 2020 | - | - | - |
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Spring Free EV's funding and investors
Spring Free EV has raised a total funding of $42.8M over 5 rounds. Its latest funding round was a Series A round on Sep 19, 2025 for $*****. 1 investor participated in its latest round. Spring Free EV has 9 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Spring Free EV:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 19, 2025 | 5353681 | Series A | 6975274 | 6571805 | 4105475 | 7153751 |
Dec 20, 2023 | 3285865 | Series A | 6152316 | 3606429 | 3732261 | 5830633 |
Apr 06, 2023 | 7834644 | Conventional Debt | 3850580 | 6550140 | 3607344 | 4653298 |
View details of Spring Free EV's funding rounds and investors
Spring Free EV's founders and board of directors
Founder? Claim ProfileHere are the details of Spring Free EV's key team members:
- Cassandra John: Former Co-Founder of Spring Free EV. They serve on the board of 1 company.
- Martin L Lagod: Co-Founder of Spring Free EV and founder of 2 other companies, Resourcient and Firelake Capital. Contact Info: 1 email address
- Tenni Theurer: Co-Founder and Chief Product Officer of Spring Free EV.
View details of Spring Free EV's Founder profiles and Board Members
Spring Free EV's employee count trend
Spring Free EV has 24 employees as of Sep 26. Here is Spring Free EV's employee count trend over the years:
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Spring Free EV's Competitors and alternates
Top competitors of Spring Free EV include Octopus Energy, Zevvy and Flux. Here is the list of Top 10 competitors of Spring Free EV, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Octopus Energy 2015, London (United Kingdom), Series G | Retailer of renewable energy and provider of sustainable home technology | $2.8B | 75/100 | |
2nd | Spring Free EV 2021, San Francisco (United States), Series A | Provider of online electric vehicles leasing services | $42.8M | 57/100 | |
3rd | Zevvy 2021, Hayward (United States), Seed | Online platform offering electric car leasing services | $5.4M | 34/100 | |
4th | Flux 2018, Hayward (United States), Deadpooled | Provider of a platform to rent electric cars on lease | - | - | 19/100 |
5th | Link Automotive 2021, San Francisco (United States), Deadpooled | Online platform offering electric car leasing services | - | - | 17/100 |
6th | LeaseTrack 2022, Durham (United States), Unfunded | Application for car lease tracking | - | - | 16/100 |
7th | ![]() Auto Broker NJ United States, Unfunded | The Best Auto Leasing Deals, Guaranteed! · Auto Broker NJ | - | - | 16/100 |
8th | ![]() Leasecar 2015, Brooklyn (United States), Unfunded | A New Online Car Leasing Broker for the 21st Century · LeasecarNYC | - | - | 16/100 |
9th | Car Broker New York 2016, New York (United States), Unfunded | Online platform for car leasing | - | - | 16/100 |
10th | Pedal Auto 2021, Los Angeles (United States), Deadpooled | Online car leasing platform | - | - | 15/100 |
Looking for more details on Spring Free EV's competitors? Click here to see the top ones
Spring Free EV's Investments and acquisitions
Spring Free EV has made no investments or acquisitions yet.
Reports related to Spring Free EV
Here is the latest report on Spring Free EV's sector:
News related to Spring Free EV
Media has covered Spring Free EV for 1 event in last 1 year, It was about company updates.
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Spring Free EV Rebrands as EverFleet With Focus on Revolutionizing Commercial Fleet Financing For Small and Medium-sized Fleet OwnersAccess Newswire•Mar 05, 2026•Spring Free EV, Everfleet
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Spring Free EV Secures $7.2M in Financing Led by Spring Lane Capital, Appoints Rob Day as CEONewswire•Sep 19, 2025•Spring Free EV, Spring Lane Capital
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Spring Free EV has filed a notice of an exempt offering of securities to raise $4,840,000.00 in New Equity Investment.intelligence360•Jan 22, 2024•Spring Free EV
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Spring Free EV Unveils Tax Equity Product to Accelerate Adoption of Electric VehiclesWebwire•Oct 26, 2023•Spring Free EV
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Spring Free EV has filed a notice of an exempt offering of securities to raise $11,113,944.00 in New Equity Investment.intelligence360•Apr 24, 2023•Spring Free EV
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Spring Free EV Adds Automotive, Clean Energy and Financial Services Experts from GM, Rivian and BMW to its Advisory BoardBusiness Wire•Jul 12, 2022•Spring Free EV
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Spring Free EV, Cox Partner To Supply Used EVs To Small BusinessesCarandbike•Apr 29, 2022•Spring Free EV, Cox Automotive
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Spring Free EV Speeds Up Electric Vehicle Adoption by Removing the High Upfront Costs with New 'Free EV' LaunchWebwire•Mar 31, 2022•Spring Free EV
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New Fintech Tool to Provide EVs and Financing for High-Mileage FleetsAuto Rental News•Mar 01, 2022•Spring Free EV
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