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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.
Investors
Allen & Company
Stripe, Vroom, Ginkgo Bioworks, Joby Aviation, Convoy, Turo, Blend, OfferUp, Vox Media, Minted
American Express Ventures
Stripe, Tradeshift, Turo, Rent the Runway, Better.com, BigCommerce, Bill.com, BioCatch, Signifyd, RetailNext
August Capital
Avant, Turo, Fastly, Mirantis, Tegile Systems, Zulily, Stance, INRIX, Wattpad, Reputation.com
Canaan Partners
Instacart, Turo, The RealReal, Lending Club, Berkshire Grey, Kustomer, ON24, ShopKeep, Apartment List, ScaleFactor
Daimler
Via, Proterra, SoundHound Inc., Turo, Bolt, Sila Nanotechnologies, Taxify, StoreDot
Founders Circle Capital
Pinterest, Dollar Shave Club, DocuSign, Turo, Twilio, Casper, Anaplan, Carbon Black, ForeScout Technologies, Udemy
IAC
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Magic Leap, DoorDash, Instacart, Stripe, Epic Games, Bloom Energy, Slack
Liberty Mutual Strategic Ventures
Manhattan Venture Partners
Flipkart, SoFi, Wish, Postmates, Turo, Lime, Rent the Runway, DraftKings, Zocdoc
Shasta Ventures
Dollar Shave Club, Turo, Nextdoor, Anaplan, Zuora, Color, Bill.com, Smule, Doctor On Demand, Lithium
Trinity Ventures
Cohesity, Good Technology, Turo, Docker, Outreach, Taulia, New Relic, Auth0, Aryaka Networks, VTS
Funding History
| December 2010 | $6.1M |
|---|---|
| July 2011 | $14.6M |
| July 2014 | $35.2M |
| August 2015 | $46.6M |
| July 2017 | $92.0M |
| March 2018 | $20.0M |
| July 2019 | $30.0M |
| July 2019 | $250M |
Management
Chief Executive Officer
Andre Haddad
Chief Financial Officer
Ned Sizer
Press
Yahoo Finance! - Jun, 29 2020
WilmingtonBiz - Feb, 6 2020
Crunchbase News - Feb, 5 2020
business - Sep, 9 2019
deseretnews - Jul, 6 2019
androidauthority - Jun, 1 2019
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Some data provided by Crunchbase
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