# Ferry Automotive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ferry-automotive

- Industry: Transportation Services
- Headquarters: Austin, US
- Website: www.ferryauto.com
- Total disclosed funding: $4M
- Latest round: Seed (Feb 3, 2022)
- Investors on record: 2

## About

Based in Texas, US, and founded in 2021, Ferry Automotive, Inc. operates as an Electric Vehicle (EV) subscription platform, enabling customers to lease a new electric vehicle without a down payment. It offers door-to-door delivery and manages the entire transaction process within its app. The company was co-founded by T. Kristian Russell (CEO). In February 2022, Ferry Automotive, Inc. raised USD 4 million in seed funding co-led by investors AMYP Ventures AG and Venn Ventures. 

The company allows users to lease new electric vehicles for 6, 12, or 24 months, offering a variety of EV models to choose from at a monthly price. Users can obtain these short-term leases directly from their smartphones.

## Funding rounds

- Seed, Feb 3, 2022, $4M — Venn Ventures, AMYP Ventures AG

## Investors

- Venn Ventures (https://capitalatlas.ai/funds/venn-ventures) — Seed
- AMYP Ventures AG — Seed