Turo is a car rental marketplace where travelers can rent any car they want, wherever they want it, from a nationwide community of local car owners. Travelers choose from a unique selection of nearby cars, while car owners earn extra money and help fuel the adventures of travelers they meet along the way.
Since its national launch in March 2012, Turo has built a vibrant community of tens of thousands of car owners and hundreds of thousands of renters. Owners are able to make hundreds – or even thousands – of dollars a month by simply and safely renting out their cars. From A3 to Z4, renters have access to an unparalleled selection of vehicles at prices up to 40% lower than other car rental options, while enjoying the convenience of renting cars where they’re needed: right in their own neighborhood, at the airport, and everywhere in between.
Backed by top-tier investors, including August Capital, Google Ventures, Shasta Ventures, Canaan Partners, and Trinity Ventures, Turo is currently available in 2100+ cities and 300+ airports throughout the United States. With a talented, dedicated team, we’re changing the way people think about travel.
Funding Rounds (11) - $97MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Nov, 2015||$47M / Series C||—||Kleiner Perkins Caufield & Byers||1|
|Aug, 2014||$10M / Series B||—||Trinity Ventures||2|
|Jun, 2014||$2M / Seed||—||—||0|
|Jun, 2014||$25M / Series B||—||Canaan Partners||4|
|Jan, 2013||undisclosed amount / Series A||—||—||4|
|Oct, 2011||$3M / Series A||—||General Motors Ventures||4|
|Aug, 2011||$3.6M / Series A||—||—||3|
|Jun, 2011||$1.25M / Series A||—||—||3|
|Dec, 2010||$4.5M / Series A||—||August Capital||2|
|Oct, 2010||$50k / Seed||—||—||1|
|Nov, 2009||$600k / Angel||—||—||1|
Current Team (15)Update
|Oct 8, 2016||Vator.tv - How does Headspace make money?|
|Sep 9, 2016||TNooz - Tesloop offers rideshares in Teslas around Southern California and Las Vegas|
|Sep 1, 2016||Business Insider Australia - A Silicon Valley startup is renting the car from "Silicon Valley"|
|Aug 31, 2016||Business Insider (tech) - A Silicon Valley startup is renting the car from 'Silicon Valley'|
|Aug 31, 2016||TechCrunch - You can now actually rent Erlich’s Aviato car from HBO’s Silicon Valley|
|Aug 24, 2016||Vator.tv - DroneDeploy raises $20M to let businesses leverage drones|
|Aug 10, 2016||Mobile Syrup - Car-sharing service Turo launches search-by-colour feature|
|Aug 10, 2016||PRWeb Sitemap - Join Mark Cuban, Dallas Mavericks Owner, Plus LA's top CEOs from Thrive Market, Honest Company, JustFab and more at Splash LA on 10/13|
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