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Turo Stock
Car Sharing Marketplace
About Turo Stock
Turo is a marketplace for peer-to-peer carsharing. The company allows for private car owners to rent out their vehicles via its online website and mobile app. Turo aims to provide car owners the ability to make extra income by renting out their vehicles, and for renters to rent a wide array of vehicles outside of the typical car rental companies. Car insurance is provided via Liberty Mutual. Turo provides its marketplace in the US, Canada, Germany, and the UK.
Turo was founded in 2009 in San Francisco, California. Turo is backed by investors including Allen & Company LLC, Manhattan Venture Partners, and Kleiner Perkins.
Investors
137 Ventures
Allen & Company
Stripe, Vroom, Ginkgo Bioworks, Joby Aviation, Blend, Convoy, Freenome, Turo, OfferUp, Virta Health
American Express Ventures
MobiKwik, Stripe, Tradeshift, Melio, Rent the Runway, Turo, Better.com, Signifyd, Boxed, Menlo Security
August Capital
Avant, Turo, Fastly, Sendbird, Rocket Lawyer, FourKites, Mirantis, Reputation.com, Tegile Systems, Zulily
Canaan Partners
Instacart, Turo, The RealReal, Lending Club, Berkshire Grey, Apartment List, Kustomer, ON24, ShopKeep, PerimeterX
Counterpart Advisors
Scopely, Getaround, Goat Group, Turo, Nextdoor, project44, K Health, Hims, Zocdoc, Glossier
Daimler
Sila Nanotechnologies, Via, Proterra, Bolt, SoundHound Inc., Turo, Taxify, StoreDot, Starship Technologies, what3words
Expansion Venture Capital
Via, Lemonade, Turo, The RealReal, Tala, Yieldstreet, Transfix, Booster Fuels, Skurt
Founders Circle Capital
Pinterest, Dollar Shave Club, DocuSign, Turo, Twilio, Degreed, SonderMind, Casper, Anaplan, Udemy
G Squared
Impossible Foods, 23andMe, Fair, Collective Health, Postmates, Blend, Getaround, Capsule, Coursera, Turo
GV
Uber, Robinhood, Jet, Impossible Foods, Slack, DocuSign, Cloudera, Farmers Business Network, 23andMe, Collective Health
IAC
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Magic Leap, DoorDash, Stripe, Epic Games, Bloom Energy, Slack
Liberty Mutual Strategic Ventures
Manhattan Venture Partners
Flipkart, JUUL, SoFi, Wish, Postmates, Lime, Rent the Runway, Turo, DraftKings, Zocdoc
Shasta Ventures
Dollar Shave Club, Tonal, Turo, Nextdoor, Color, Anaplan, Imperfect Foods, Zuora, Smule, Sendbird
SK Holdings
Sumitomo Corporation
Trinity Ventures
Cohesity, Good Technology, Outreach, Turo, Auth0, Taulia, New Relic, Earnin, Aryaka Networks, VTS
Funding History
| December 2010 | $5.3M |
|---|---|
| July 2011 | $13.3M |
| July 2014 | $34.2M |
| August 2015 | $44.8M |
| July 2017 | $92.0M |
| March 2018 | $5.0M |
| July 2019 | $30.0M |
| July 2019 | $241M |
Management
Chief Executive Officer
Andre Haddad
Chief Financial Officer
Charles Fisher
Chief Technology Officer
Avinash Gangadharan
Press
news - Apr, 30 2021
wsj - Jan, 1 2021
Yahoo Finance! - Jun, 29 2020
iphoneincanada - Jun, 16 2020
digitaltrends - Feb, 21 2020
WilmingtonBiz - Feb, 6 2020
Crunchbase News - Feb, 5 2020
newswire - Jan, 29 2020
borndigital - Dec, 18 2019
markets - Dec, 10 2019
gottabemobile - Dec, 10 2019
business - Sep, 9 2019
deseretnews - Jul, 6 2019
chicagotribune - Jun, 25 2019
free-press-release - Jun, 19 2019
androidauthority - Jun, 1 2019
thestate - Apr, 3 2019
washingtonpost - Mar, 30 2018
chicagotribune - Dec, 6 2017
onemileatatime - Jun, 20 2017
fastcompany - Apr, 27 2017
TechCrunch - Dec, 16 2016
TechCrunch - Dec, 15 2016
TechCrunch - Oct, 31 2016
Other Companies
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Some data provided by Crunchbase
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