Fair has raised $566 million across multiple funding rounds, including a massive $500M debt round in 2019 led by Mizuho Financial Group and SoftBank Group. Its latest funding, a $15M Series B in March 2022, came through Shift Technologies and marked the company’s efforts to rebuild and streamline operations. Earlier capital came from partners such as Ally, Javelin Venture Partners, and BMW iVentures. With a $1.2B valuation last recorded in 2020, Fair leveraged its app-based flexible car-leasing model to become one of the fastest-growing mobility startups in the U.S.