FinTechFunding

Ferry: Raises $4M in Seed Funding

Ferry Raises $4M in Seed Funding

  • Ferry, an Austin TX-based Electric vehicle (EV) subscription platform, raised $4M in Seed funding
  • The round was led by AMYP Ventures and Venn Ventures with participation from angel investors Adam Forst and Lisa Besserman
  • The company intends to use the funds to expand operations and its business reach
  • The company provides an electric vehicle (EV) subscription platform that allows consumers to obtain short-term leases on new electric vehicles, right from their phones
  • It enables users to obtain a short-term (6, 12, or 24 month) lease on a new electric vehicle with no down payment and delivery to their door, transacting the entire process within the app
Previous article
Houwzer: Raises $118M In Series B Equity and Debt Funding
Next article
Sportening: Raises £5.3M in Seed Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...
FinTech

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...
FinTech

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...
FinTech

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...