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Turo (company)

Turo (company)

Turo is a car sharing marketplace where one can book any car they want, wherever they want it, from a community of local hosts in the US, Canada, UK, & Germany

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Timeline

September 2017
Turo raises a $92,000,000 series D round from August Capital, Canaan Partners, Daimler AG, Founders Circle Capital, Kleiner Perkins Caufield & Byers, Liberty Mutual Strategic Ventures, SK Holdings, Shasta Ventures and Trinity Ventures.

Funding rounds

People

Name
Role
LinkedIn

Adam Miller

Employee

Alex Benn

Employee

Andre Haddad

Board member

Andrew Mok

Employee

Angela Nostrand

Employee

Anne Dorman

Employee

Brook Porter

Board member

Cedric Mathieu

Employee

Christian Eager

Employee

Christopher Aragon

Employee

Christopher Cheever

Investor

Dave Balter

Investor

David Stewart

Investor

Deepak Kamra

Board member

Douglas Watt

Employee

Edmond Chan

Employee

Eduardo Baer

Employee

Elena Wible

Employee

Eric Silva

Employee

Gabriel Oppetit

Employee

Gus Holcomb

Employee

Howard Hartenbaum

Board member

Jeff Hoffman

Employee

Jeff Zupka

Employee

Jérôme Selles

Employee

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Further reading

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Documentaries, videos and podcasts

Title
Date
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Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Kirsten Korosec
August 16, 2021
TechCrunch
Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Two housekeeping slash teasers ... Stay tuned this week for a series of articles on Nuro reported by investigative science and tech reporter Mark Harris with assistance from [...]
Aria Alamalhodaei
August 9, 2021
TechCrunch
Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be offered in the IPO and the price range have not yet been determined, the company said in a statement. Turo declined to provide additional information to [...]
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.
Elaine Glusac
April 21, 2021
www.nytimes.com
The pandemic has wreaked havoc in the rental car industry, leading to a shortage of cars and sticker shock for travelers. Here are some tips for finding an affordable one.
Brittany Chang
April 16, 2021
Business Insider
A rental car shortage is currently pummeling the US, and may only get worse as travel continues to increase across the country.
Technavio
March 9, 2021
www.prnewswire.com:443
/PRNewswire/ -- The global car rental market is poised to grow by USD 103.75 billion during 2020-2024, progressing at a CAGR of over 17% during the forecast...
Paul Oswell
January 21, 2021
Business Insider
Here are the best car rentals of 2021 based on prices, locations, cancellation policies, reviews, and COVID-19 safety procedures.
Crunchbase News
January 4, 2021
Crunchbase News
Crunchbase News' top picks of the news to stay current in the VC and startup world.
Ben Winck
January 2, 2021
markets.businessinsider.com
The company isn't yet sure whether it will pursue a traditional IPO or an alternative like a SPAC merger, The Wall Street Journal reported.
Kristen Lee
November 24, 2020
Business Insider
You don't always have to rely on traditional rental companies like Hertz, Enterprise, or Avis to rent a car and get out of town.
Megan Rose Dickey
November 21, 2020
TechCrunch
Welcome back to Human Capital, where I break down the latest in diversity, equity and inclusion, and labor in tech. TL;DR: This week, Apple announced its third head of diversity and inclusion in four years, Uber's Black employee base shrunk despite the company committing to anti-racism and Reddit brought on its second Black board member [...]
Turo
November 17, 2020
www.prnewswire.com:443
/PRNewswire/ -- Turo, the world's largest car sharing marketplace, is partnering with Kiva, a nonprofit that expands financial access to underserved...
Megan Rose Dickey
November 17, 2020
TechCrunch
Car sharing marketplace Turo has teamed up with Kiva to offer interest-free loans to Black people and folks from traditionally underserved communities to buy cars and then share them on Turo. The $1 million commitment aims to address the issue of wealth inequality in the United States. Called the Turo Seed Initiative, those who are [...]
Kari Paul in San Francisco
August 12, 2020
the Guardian
Car sales rise and car-share companies boom as pandemic upends transportation | Technology | The Guardian
Josh Scott
June 19, 2020
BetaKit
Turo, which enables private car owners to rent their vehicles through its online platform, has expanded to British Columbia.
Kate Knibbs
June 8, 2020
Wired
The spread of Covid-19 has made people think twice about what they rent. But this hasn't destroyed the rental marketplace--just changed it.
James McLeod
September 9, 2019
Financial Post
Turo is a bit like the Airbnb for cars. Here's a look at the kinds of cars you can rent on the platform and a window into the company's ambitions
Darrell Etherington
July 17, 2019
TechCrunch
Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com, and OKCupid. This round pushes Turn into Unicorn territory, with its valuation now "past the billion-dollar" mark according to Turo CEO Andre Haddad. This late round of funding brings [...]
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