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Getaround

Getaround

A company with a car-sharing platform and hardware. It was founded in 2009 and is located in San Francisco, California.

Getaround is a San Francisco-based company that has used technology to create a car-sharing hardware system. It allows for people to rent cars from private owners, rather than a rental agency.

Product

The company has created an electronic device called the "Getaround Connect". It provides GPS tracking, an anti-theft feature, and a cellular communications network so that renters and car owners can connect. The device stays in the car while those who are seeking a car to rent can do so through downloading the Getaround mobile application for both Android and iOS systems.

People who want to rent a car can book through the app and gain access to the car through keyless entry. Vehicles that are offered include cars, trucks, vans, and more. Renters can gain access to insurance and roadside assistance. There are mileage caps that are explained before renting the car. Prices vary and start at $5 per hour. The company states that car owners can earn between $500 and $1,000 each month using Getaround.

Timeline

March 5, 2021
Getaround launches Power HostTM Program for Entrepreneurs and Small Business Owners.

November 13, 2020
Getaround tops up $25M debt financing to its $140M Series E.

Funding rounds

Patents

Products

People

Name
Role
LinkedIn

Adam McNamara

Investor

Adam Schwartz

Investor

Adrian Aoun

Investor

Alex Bard

Investor

Amir Banifatemi

Investor

...

Further reading

Title
Author
Link
Type
Date

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

Kate Clark

Web

September 5, 2019

Documentaries, videos and podcasts

Title
Date
Link

Getaround: It's Go Time.

May 20, 2019

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Aria Alamalhodaei
July 23, 2021
TechCrunch
Getaround was fined nearly $1 million by the Washington D.C. Office of the Attorney General for operating without a license and other violations, part of a settlement of what the peer-to-peer car rental startup calls "politically motivated allegations." The AG's office started investigating the company early last year, after it received reports of vehicle thefts [...]
Ingrid Lunden
May 20, 2021
TechCrunch
Car ownership has become pricey and untenable in many towns and cities in Europe: between congestion charges to reduce emissions, parking fees, and traffic, many consumers opt instead to use public transportation, two wheels, cabs or their own legs to get around. To add to that mix for longer journeys, today a startup that's building [...]
Ingrid Lunden
May 20, 2021
TechCrunch
Car ownership has become pricey and untenable in many towns and cities in Europe: between congestion charges to reduce emissions, parking fees, and traffic, many consumers opt instead to use public transportation, two wheels, cabs or their own legs to get around. To add to that mix for longer journeys, today a startup that's building [...]
Paul Oswell
May 11, 2021
Business Insider
Many car rental companies are facing a shortage of cars amid the pandemic. Here's where else you should look for better deals and flexible policies.
Joanna Glasner
April 30, 2021
Crunchbase News
Peer-to-peer rental startups look poised to be potential big winners in a post-pandemic economy.
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References

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