Fisker Valuation, Funding & Investors

Fisker is valued at $2.9B as of July 2020.

Last Fisker valuation

$2.9B

Series C · Jul 2020

Last Fisker funding round

$50M

Series C · Jul 2020

Cumulative funding Fisker raised

$50M

across 1 funding round

Key investors in Fisker

  • Moore Strategic Ventures
  • Strategxy Ventures LLC

Fisker Overview

About Fisker

Fisker is a manufacturer of electric vehicles emphasizing sustainable mobility. Irvine, California-headquartered, it designs models like the Ocean SUV with solar roof integration and vegan interiors. The company produces battery-electric cars for global markets, incorporating advanced driver assistance systems. Fisker partners with Magna for contract manufacturing in Austria.


Founded

2016

HQ

United StatesLos Angeles, CA

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$2.9B (Jul 2020)

Fisker Valuation

Fisker is currently valued at $2.9B, based on its Series C in July 2020.

The $50M round was led by Moore Strategic Ventures, with participation from Strategxy Ventures LLC.

Fisker valuation by funding round

Fisker valuation by funding round
DateStageValuation
Jul 2020Series C$2.9B

Fisker Funding History

Fisker has raised a total of $50M across 1 funding round.

Fisker funding rounds

Fisker funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2020Series CMoore Strategic Ventures (lead); Strategxy Ventures LLC$50M$2.9BFisker Inc., founded in 2016 by Henrik Fisker and Geeta Gupta-Fisker, develops electric vehicles, focusing on the Fisker Ocean all-electric SUV with class-leading range, fast charging via solid-state battery technology, and sustainable design, priced starting at $37,499 and slated for production in 2022-2023 via Magna International partnership. On July 8, 2020, Fisker closed a $50 million Series D (or Series C per some sources) funding round led by Moore Strategic Ventures, the investment arm of Louis Bacon, to fund vehicle development, engineering scale-up, and commercial production preparation. This round valued the company at $2.9 billion, as stated in profiles and tied to the subsequent SPAC announcement. Shortly after on July 13, Fisker announced a merger with Spartan Energy Acquisition Corp (SPAQ), backed by Apollo Global Management, confirming the $2.9B valuation and including a $500M PIPE at $10/share, completed October 29, 2020, listing Fisker publicly on NYSE as FSR.

Who has invested in Fisker?

2 investors have backed Fisker across its funding rounds, including Moore Strategic Ventures and Strategxy Ventures LLC.

Lead investors include Moore Strategic Ventures.


Fisker Investors

Investors in Fisker by funding rounds participated
InvestorHQRoundsRoleFirst check

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Fisker Competitors

Fisker competitors include listed companies like Aima Technology Group and QuantumScape, and private ones like Revamp Moto, Zhizi Automobile, Youxia Motors and BYTON.

Public and private companies comparable to Fisker
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Aima Technology GroupChinaChinaPublicly listed$3.7B$422M$2.8B0.6x
QuantumScapeUnited StatesUnited StatesPublicly listed-($397M)$3.2B-
Revamp MotoIndiaIndiaPrivate--$3.2B-
Zhizi AutomobileChinaHefeiPrivate--$3.3B-
Youxia MotorsChinaShanghaiPrivate--$3.4B-
BYTONChinaNanjingPrivate--$2.5B-

Fisker Public Comps

Fisker is still privately-owned, but its public comps include Pony AI, Aima Technology Group, QuantumScape, Mitsubishi Motors, Fastned, WeRide, Ninebot, Ola Electric, Lucid and Archer Aviation.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Pony AI$90M($71M)21.1x14.1x(26.9x)(7.9x)
Aima Technology Group$3.7B$422M0.6x0.6x5.3x6.0x
QuantumScape-($397M)--(6.1x)(9.3x)
Mitsubishi Motors$19B$883M0.2x0.2x4.7x4.0x
Fastned$160M$17M14.5x11.1x140.0x60.5x
WeRide$102M($257M)11.4x8.3x(4.5x)(5.0x)
Ninebot$3.2B$335M0.8x0.7x7.6x7.0x
Ola Electric$215M($97M)8.8x7.9x(19.5x)(21.4x)

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Common questions about Fisker

When was Fisker founded?Fisker was founded in 2016.
Where is Fisker headquartered?Fisker is headquartered in Los Angeles, CA, United States.
Is Fisker publicly listed?No, Fisker is a private, VC-backed company.
What is Fisker's valuation?Fisker was last valued at $2.9B in its Series C in July 2020.
How much funding has Fisker raised?Fisker has raised $50M across 1 funding round.
What was Fisker's last funding round?Fisker's last funding round was a $50M Series C in July 2020, led by Moore Strategic Ventures.
Who are Fisker's investors?Fisker's investors include Strategxy Ventures LLC and Moore Strategic Ventures.
Which companies are comparable to Fisker?Companies comparable to Fisker include Aima Technology Group, QuantumScape, Revamp Moto, Zhizi Automobile, Youxia Motors and BYTON.

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