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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.

Milestones

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• 
  Zipcar added Dan Martin as Director of Sales & Business Development. (9/1/03)
  Posted 7/10/11 at 1:21pm
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  Zipcar added Meg Whitman as Board of Directors.
  Posted 2/28/11 at 9:48pm
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  Zipcar added Steve Case as Board.
  Posted 12/15/10 at 12:55pm
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  Zipcar added Rob Weisberg as CMO.
  Posted 12/15/10 at 12:55pm
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  Zipcar added Ed Goldfinger as CFO.
  Posted 12/15/10 at 12:55pm
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  Zipcar added Mark Norman as President & COO.
  Posted 12/15/10 at 12:55pm
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  Zipcar added Scott Griffith as Chairman & CEO.
  Posted 12/15/10 at 12:55pm
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  Zipcar added Jonathan Seelig as Board.
  Posted 1/11/10 at 8:12pm
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  Zipcar added Saul Colt as Regional Marketing Manager. (3/1/05)
  Posted 1/4/10 at 9:06am
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  Zipcar added Kevin Planovsky as Marketing Manager.
  Posted 5/29/09 at 9:19am
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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 received $174M in Unattributed funding. (4/14/11)
  Posted 4/14/11 at 6:10pm via techcrunch.com
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  Zipcar received $25M in Unattributed funding. (11/29/06)
  Posted 2/10/11 at 6:20am via globespancapital.com
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  Zipcar received $10M in Series D funding. (1/1/05)
  Posted 12/15/10 at 12:43pm via redherring.com
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  Zipcar received $21M in Unattributed funding. (12/15/10)
  Posted 12/15/10 at 6:29am via techcrunch.com
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  Zipcar received $4.7M in Series B funding. (12/20/02)
  Posted 8/14/10 at 1:19pm via liquidscenarios.com

Videos

Screenshots

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Sources

1. Zipcar Invests in Barcelona-Based Avancar (finsmes.com) [edit]
2. SEC Filing Via Liquid Scenarios Search2Model (liquidscenarios.com) [edit]
3. redherring.com [edit]
4. Global Car Sharing Leader Launches Service in London and Announces $25 Million in New Funding (globespancapital.com) [edit]
5. Car-Sharing Service Zipcar Adds $21 Million To Its Coffers (techcrunch.com) [edit]
6. ZipCar Shares Up Over 50%, Market Cap Surpasses $1 Billion After IPO (techcrunch.com) [edit]
7. Car Sharing Leader ZipCar Files IPO (thealarmclock.com) [edit]
8. Zipcar adds plug-in hybrid cars to Boston/Cambridge fleet (masshightech.com) [edit]
9. Zipcar adds ex-eBay CEO Whitman to board (masshightech.com) [edit]
10. Zipcar eyes max IPO of $133M (masshightech.com) [edit]