Turo
Find your drive
Mobility
📍 San Francisco, CA
Founded 2009
Current Valuation
$1.3B
as of 2024-Q3
UNICORN
Turo operates the world's largest peer-to-peer car-sharing marketplace that connects vehicle owners (hosts) with travelers and locals seeking rental cars. The platform enables car owners to rent out their vehicles when not in use, providing a new source of income while giving renters access to a diverse selection of over 340,000 vehicles spanning 1,600 makes and models across 16,000+ cities in five countries. Turo offers greater flexibility and convenience compared to traditional car rental companies, with features including remote unlocking (Turo Go), comprehensive insurance options, 24/7 customer support, and contactless delivery.
Company Profile
Est. Revenue
$958M (2024-Q3)
Growth
9% YoY revenue growth
Last Round
Series 1 — $457,448 (Sep 2024)
Founders & Key People
Shelby ClarkTara ReevesNabeel Al-Kady
Investors
2 Chainz · Allen & Company · American Express Ventures · August Capital · Canaan · Chris Albinson · Clint McDonald · Cross Creek · Dee Ford · Founders Circle Capital · G Squared · GM Ventures · Google Ventures · IAC · Irving Investors · Kleiner Perkins · Langston Galloway · Larry Fitzgerald · Liberty Mutual Strategic Ventures · Malcolm Jenkins · Manhattan Venture Partners · MassChallenge · Mercedes-Benz · SK · Shasta Ventures · Sumitomo · Thad Young · Trevor Paladino · Trinity Ventures · Tyrod Taylor · Victor Subrata
Products
- Turo marketplace
- Turo Risk Solutions
- host insurance
- Turo Boost
- Turo Go
Competitors
Getaround · Avis Budget · Hertz · Hyrecar · Zipcar · Enterprise · Europcar Mobility Group
peer-to-peercar-sharingmarketplacemobilitytravelrental
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q3. Refreshed quarterly.