Turo Overview
- Founded
-
2009
- Status
-
IPO Registration
- Employees
-
965
- Latest Deal Type
-
2ndary - Private
- (In Progress)
- Latest Deal Amount
-
$67.5M
- Investors
-
53
Turo General Information
Description
Developer of a peer-to-peer car-sharing platform designed to help people book a car from local car owners. The company's platform lets private car owners share their vehicles via an online and mobile interface with the feature of GPS monitoring, remote unlocking, and smart card entry, enabling owners to earn extra money while not using it.
Contact Information
Website
www.turo.com
Formerly Known As
RelayRides
Ownership Status
In IPO Registration
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Primary Office
- 111 Sutter Street
- San Francisco, CA 94104
- United States
+1 (866) 000-0000
Turo Timeline
Turo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
14. Secondary Transaction - Private | 16-Mar-2023 | $67.5M | 00000 | In Progress | Generating Revenue/Not Profitable | |
13. IPO | 09-Aug-2021 | 00000 | Announced | Generating Revenue/Not Profitable | ||
12. Later Stage VC | 03-Apr-2022 | 000.00 | 00000 | Completed | Generating Revenue | |
11. Debt - PPP | 28-Apr-2020 | 00.000 | 00000 | Completed | Generating Revenue | |
10. Later Stage VC (Series E) | 06-Feb-2020 | 0000 | 00000 | 00.000 | Completed | Generating Revenue |
9. Later Stage VC (Series E) | 17-Jul-2019 | 00000 | 00000 | 00.000 | Completed | Generating Revenue |
8. Later Stage VC (Series D) | 25-Jun-2018 | 00000 | 00000 | 00000 | Completed | Startup |
7. Later Stage VC (Series C) | 03-Nov-2015 | 0000 | 00000 | 00000 | Completed | Startup |
6. Early Stage VC (Series B) | 13-Aug-2014 | $35M | $61.5M | 00000 | Completed | Startup |
5. Secondary Transaction - Private | 01-Jul-2014 | $26.5M | Completed | Startup |
Turo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series E | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series E1 | 00,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
Series D1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series D | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series C | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series B | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A2 | 23,352,211 | $0.001000 | 8% | $0.57 | $0.57 | 1x | $0.57 | 9.25% |
Series A | 11,771,489 | $0.001000 | 8% | $0.45 | $0.45 | 1x | $0.45 | 4.66% |
Turo Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a peer-to-peer car-sharing platform designed to help people book a car from local car owners. The company's
Automotive
San Francisco, CA
965
As of 2022
00000
00000000000
00000
Turo Competitors (35)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Openfleet | Venture Capital-Backed | Paris, France | 00 | 0000 | 000000000000 | 0000 |
000000 | Venture Capital-Backed | 0000 | 00000 | 000000&0 | 00000 | |
0000000 | Venture Capital-Backed | London, United Kingdom | 00 | 000.00 | 0000000000 0 | 000.00 |
000 | Venture Capital-Backed | Bengaluru, India | 00000 | 00.000 | 0000000000 0 | 00.000 |
000000000 (0000000 | Venture Capital-Backed | Paris, France | 00 | 00000 | 00000000000 | 00000 |
Turo Patents
Turo Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230043465-A1 | Filtering vehicle search results for an upcoming trip | Pending | 09-Aug-2021 | 00000000000 | |
US-20120330696-A1 | Car sharing | Inactive | 01-Mar-2010 | 000000000 | 0 |
US-20110213629-A1 | Car sharing | Inactive | 01-Mar-2010 | 000000000 | 00 |
US-6694195-B1 | Diagnostic system for irrigation controllers | Inactive | 14-Feb-2001 | A01G25/16 |
Turo Executive Team (26)
Turo Board Members (21)
Name | Representing | Role | Since |
---|---|---|---|
Andre Haddad | Turo | Chief Executive Officer & Board Member | 000 0000 |
Brook Porter | Kleiner Perkins | Board Member | 000 0000 |
Deepak Kamra | Canaan Partners | Board Member | 000 0000 |
Howard Hartenbaum | August Capital | Board Member | 000 0000 |
Joseph Levin | Match Group | Board Member | 000 0000 |
Turo Signals
Turo Investors (53)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Carriage House Rock | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
Green Meadow Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
2B Global Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
ADIT Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Allen & Company | Investment Bank | Minority | 000 0000 | 000000 0 |
Turo Acquisitions (6)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
000000 | 01-Jun-2022 | 0000000000 | Automotive | 00000 000 | |
00000 0000000 | 10-Mar-2020 | 0000000000 | Social/Platform Software | ||
0000000.000 | 11-Jan-2019 | 0000000000 | Automotive | 00000 000 | |
000000 | 06-Sep-2017 | 0000000000 | Automotive | 00000 000 | |
SocialStudio | 03-Sep-2015 | Merger/Acquisition | Application Software | 00000 000 |
Turo Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
0000000.000 | Automotive | Dublin, Ireland | 0000 |