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

August 21, 2018

Getaround raises a $300,000,000 series D round from Invariantes Fund, SOSV, Mirai Creation Fund, Asset Plus Capital, SoftBank Vision Fund, Toyota and Alumni Ventures Group.

August 2, 2012

Getaround raises a $13,900,000 series A round from Marissa Mayer, Collaborative Fund, Menlo Ventures, A-Grade Investments and Innovation Endeavors.

September 9, 2011

Getaround raises a $3,400,000 seed round from Matt Mullenweg, CrunchFund, Marc Randolph, Redpoint Ventures and Barney Pell.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
4 Results
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People

Name
Role
LinkedIn

Adam McNamara

Investor

Adam Schwartz

Investor

Adrian Aoun

Investor

Alex Bard

Investor

Amir Banifatemi

Investor

Angus Davis

Investor

Ash Patel

Investor

Ashton Kutcher

Investor

Barney Pell

Investor

Bobby Yazdani

Investor

Brandon Zeuner

Investor

Brian Martelli

Investor

Bruce Chou

Investor

Bruno Bowden

Advisor

Charles Du

Advisor

Chris Farmer

Investor

Dan Whaley

Advisor

Daniel Echavarria

Investor

David Sacks

Investor

Dror Berman

Investor

Elliot Kroo

Founder

Fabrice Grinda

Investor

Farhad Mohit

Investor

Fritz Lanman

Investor

Gary Benitt

Investor

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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

References

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