Getaround
Latest round
- Series E
Last raised
- Sep 2020
Total raised
- $526M
Investors
- 29
About Getaround
Getaround, Inc.Getaround, Inc. is a car-sharing service that allows users to rent cars by the hour or day. Founded in San Francisco, US in 2009 by Elliot Kroo, Jonathan Adiri, and Sam Zaid, the company has expanded its operations significantly.Getaround operates as a leading car-sharing service in Europe, offering a platform that enables individuals to unlock cars using their smartphones and access vehicles on a 24/7 basis. Through their app, users can book a diverse range of vehicles owned by both private and professional owners, catering to various needs, from family cars to SUVs. The service facilitates a seamless user experience, eliminating traditional rental hassles such as paperwork and long lines. Getaround's proprietary technology, Getaround Connect, allows users to perform a walkaround inspection of the vehicle via the app and access the car without physical keys.Getaround’s revenue model is primarily structured around transactions generated from car rentals facilitated through its platform. Each rental transaction occurs on a pay-per-use basis, where users can book vehicles for hourly or daily rates, depending on availability and demand. The platform serves both business and consumer markets, allowing vehicle owners to list their cars for rent and earn income while users access cars without the overhead of traditional ownership. Specific pricing plans and transaction fees vary based on factors such as vehicle type and rental duration. Getaround also includes trip liability insurance in its service package, enhancing user trust and safety during rentals.In January 2024, Getaround, Inc. The company plans to utilize these funds for further expansion into new markets, aiming to enhance its presence across Europe and potentially explore entry into additional regions. Specific upcoming products and features are being developed, although detailed release dates have not yet been disclosed.
Who invested in Getaround
29 investors across 6 rounds
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Questions about Getaround
Who invested in Getaround?
Getaround has 29 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Getaround raised?
Getaround has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Getaround last raise money?
Getaround's most recent round on record is a Series E, in Sep 2020.
What does Getaround do?
Getaround is a transportation services company.
Where is Getaround headquartered?
Getaround is headquartered in San Francisco, US.
Which VCs invest in companies like Getaround?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back transportation services companies at Getaround's stage. Their profiles are linked below.
VCs backing transportation services startups at Series E
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