|Description||Peer-to-Peer Carsharing Marketplace|
|Angel, 11/2009 |
|Series A, 12/2010 |
|Series A, 8/2011 |
|Series A, 10/2011 |
General Motors Ventures
|Series A, 1/2013 |
Webb Investment Network
Expansion Venture Capital
RelayRides, launched in June 2010, is the world’s first, and leading, peer-to-peer car rental marketplace. RelayRides connects people who need a car with vehicle owners whose rides would otherwise be sitting idle. Car owners set the price and availability, and RelayRides provides the technology infrastructure and a $1M insurance policy to make the transaction safe and convenient.
Riding the building wave of collaborative consumption businesses such as Airbnb, Rent the Runway, and Netflix, RelayRides is reinventing car rental and is on a mission to fundamentally change the paradigm of car ownership. Along the way, RelayRides is tackling a multi-billion dollar economic opportunity, greening cities by making it easier to live without a car, invigorating local economies, and building stronger communities.
RelayRides is headquartered in San Francisco, CA and has raised $18MM from tier-one investors, including August Capital, Shasta Ventures, Google Ventures, and General Motors Ventures.
RelayRides - How it worksAdded: 7/23/13