Turo Overview

  • Founded
  • 2009

Founded
  • Status
  • IPO Registration

  • Employees
  • 965

Employees
  • 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

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Turo’s complete valuation and funding history, request access »

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%
To view Turo’s complete cap table history, request access »

Turo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
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

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ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercit
0000000000
Paris, France
00 As of 0000
0000
000000000000 0000

000000

ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit
0000000000
0000 As of 0000
00000
0000 0000-00-00
000000&0 00000
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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
You’re viewing 5 of 35 competitors. Get the full list »

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)

Name Title Board Seat Contact Info
Andre Haddad Chief Executive Officer & Board Member
Alex Benn JD President
Julie Weingardt Chief Operating Officer
Avinash Gangadharan Chief Technology Officer
Pippa Walker Chief Accounting Officer
You’re viewing 5 of 26 executive team members. Get the full list »

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
You’re viewing 5 of 21 board members. Get the full list »

Turo Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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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
You’re viewing 5 of 53 investors. Get the full list »

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
You’re viewing 5 of 6 acquisitions. Get the full list »

Turo Subsidiaries (1)

Company Name Industry Location Founded
0000000.000 Automotive Dublin, Ireland 0000
To view Turo’s complete subsidiaries history, request access »