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
|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|
|Jul 26, 2016||Wired News - You Don’t Like Sharing Your Car. But Can Elon Musk Change Your Mind?|
|Jul 13, 2016||Mobile Syrup - MaRS report cites virtual reality and augmented reality as top trends in Canadian tech|
|Jun 22, 2016||Mobile Syrup - I don’t understand Big Data, and chances are, neither do you|
|Jun 20, 2016||TechCrunch - Keep an eye on Norway: Its startup scene is about to go huge|
|Jun 10, 2016||Las Vegas Review Jurnal - 25 ways you can make money off of summer travelers|
|Jun 7, 2016||TechCrunch - Why the recent hype about insurance tech will be just the beginning|
Carma is a smartphone application that enables users to arrange carpool rides with the community.
The Carsharing Darenta is a peer-to-peer car rental marketplace connecting people who need to rent a private car with a vehicle owners
Fleety is a peer-to-peer car sharing marketplace that allows users to find cars in Brazil, contact the owners, and rent them for their use.
FlightCar inspires and enables local owners and visitors to come together to list and rent each other’s unique cars at airports nationwide.
First P2P car sharing network in Turkey
Getaround is a mobile application and a peer-to-peer car sharing marketplace that enables car owners to rent out their cars.
Lyft is reconnecting people and communities through better transportation.
Ridejoy is a market platform enabling users to share, offer, request and book rides with others.
1035 Cambridge St. Suite 21B
Cambridge, Massachusetts 02141
116 Natoma St.
San Francisco, CA 94105