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