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Zipcar

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Zipcar is a membership-based car-sharing company that provides automobile rentals to its members, billable on an hourly or daily basis.

Members are able to view vehicle availability and reserve a self-service car via the internet, iPhone app, or telephone, in increments as short as one hour and pay only for time they reserve. Zipcar vehicles report their positions to a control center using in-car technology.

Zipcar was founded in 2000 by Cambridge, Massachusetts. On October 31, 2007 Zipcar merged with rival Flexcar. In 2009 Zipcar has become the world’s largest car-sharing service, sharing 6,000 vehicles among 275,000 drivers in 49 U.S. cities, Vancouver, Toronto, and London. On April 1, 2010, Zipcar bought London-based car-sharing firm Streetcar in its latest bid to expand across Europe.

Recent Milestones

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• 
  Zipcar was acquired by Avis. (1/2/13)
  Posted 1/2/13 at 9:59pm via venturebeat.com
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  Zipcar acquired CarSharing.at. (7/11/12)
  Posted 7/11/12 at 5:18am via seekingalpha.com
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  Zipcar invested in Wheelz. (2/22/12)
  Posted 2/22/12 at 4:04am via techcrunch.com
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  Went public with stock symbol NASDAQ:ZIP. (4/13/11)
  Posted 4/28/12 at 11:18am
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  Zipcar — pending initial public offering (IPO) will price at $14 to $16 per share, and net $89.2 million (3/30/11)
  Posted 3/30/11 at 5:20am via masshightech.com
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  Zipcar — cultivating its online network with the appointment of Meg Whitman, former CEO of eBay, to its board of directors (2/28/11)
  Posted 2/28/11 at 8:35am via masshightech.com
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  Zipcar — has introduced plug-in vehicles as part of its car-sharing fleet in three U.S. locations, including Boston/Cambridge (1/27/11)
  Posted 1/27/11 at 8:16am via masshightech.com
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  Zipcar received $21M in Venture Round funding. (12/15/10)
  Posted 12/15/10 at 6:29am via techcrunch.com
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  Zipcar — Zipcar files for IPO (6/1/10)
  Posted 6/1/10 at 8:06pm via thealarmclock.com
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  Zipcar acquired Streetcar for £32M. (4/1/10)
  Posted 5/16/13 at 3:59am via co.uk
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  Zipcar invested in Avancar. (12/19/09)
  Posted 12/22/09 at 1:26am via finsmes.com
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  Zipcar added Anthony Marinos as Marketing Manager. (8/1/08)
  Posted 3/1/13 at 1:07pm
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  Zipcar received $25M in Venture Round funding. (11/29/06)
  Posted 2/10/11 at 6:20am via globespancapital.com
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  Zipcar added Anthony Marinos as Marketing Coordinator. (5/16/06)
  Posted 3/1/13 at 1:07pm
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  Zipcar added Doug Williams as VP Engineering and Information Technology. (1/1/06)
  Posted 7/19/12 at 11:24am
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  Zipcar added Saul Colt as Regional Marketing Manager. (3/1/05)
  Posted 1/4/10 at 9:06am

Videos

Screenshots

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Stock Price

Sources

1. Car rental biz Avis to acquire Zipcar for $500M cash (venturebeat.com) [edit]
2. Zipcar Acquires Leading Car Sharing Service in Austria, CarSharing.at (seekingalpha.com) [edit]
3. ZipCar buys up rival StreetCar for £32m (standard.co.uk) [edit]
4. Strategic Sharing: Zipcar Leads $13.7M Investment In Campus Car-Sharing Startup Wheelz (techcrunch.com) [edit]
5. Zipcar Invests in Barcelona-Based Avancar (finsmes.com) [edit]
6. SEC Filing Via Liquid Scenarios Search2Model (liquidscenarios.com) [edit]
7. redherring.com [edit]
8. Global Car Sharing Leader Launches Service in London and Announces $25 Million in New Funding (globespancapital.com) [edit]
9. Car-Sharing Service Zipcar Adds $21 Million To Its Coffers (techcrunch.com) [edit]
Car Sharing Leader ZipCar Files IPO (thealarmclock.com) [edit]
Zipcar adds plug-in hybrid cars to Boston/Cambridge fleet (masshightech.com) [edit]
Zipcar adds ex-eBay CEO Whitman to board (masshightech.com) [edit]
Zipcar eyes max IPO of $133M (masshightech.com) [edit]