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Upshift
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=== $2.4M raised from investors including carmakers and VCs === We have raised $1.5M from MINI (BMW), Ford, Third Sphere, Climate Capital, previous Republic campaign (3007 investors), AngelList syndicate, and Jake Gibson (Nerdwallet cofounder). The money was used for building our technology, proving product market fit and funded our go to market operations in San Francisco. We '''have raised $900K''' in debt financing for purchasing the vehicles. Investors include HFCA and Toyota Financial Services. We plan to incorporate a new Upshift, LLC to take on future debt financings to scale our fleet and create a firewall between debt and equity financings.
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