Company Overview

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Status:
Acquired by Avis
Founded:
October 31, 2000
Headquarters:
NW Atlanta, GA
IPO:
Went Public on Apr 13, 2011
Stock:
NASDAQ:ZIP
Categories:
Public Transportation

Zipcar is an online car-sharing company allowing individuals to make car reservations that are billable by the hour or day.

Description

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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.

Current Team (12)

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Board Members and Advisors (4)

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Investments (2)

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Acquisitions (2)

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Funding Rounds (4) - $60.70M

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Investors (5)

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Offices/Locations (1)

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  • Office

    1157 West Peachtree Street

    NW Atlanta, GA 30309

    USA

Competitors (1)

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