Borrow, with a $12 million valuation cap, is raising crowdfunding on Republic. The company offers short-term electric vehicle leases, combined with industry expertise, customer service, and utility. The users get to access electric vehicle transportation without the long-term commitment, inflexibility, and high costs. Borrow was founded by Rodrigo de Guzman and Jon Alain Guzik in August 2015 and has raised over $1 million since its founding. The proceeds of the crowdfunding round, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used to expand geographically and begin a digital and IRL scaling of reservations. Borrow has over 100 users to date and has reported a 125% week-over-week growth.