# Getaround Startup profile on Capital Atlas: https://capitalatlas.ai/startups/getaround - Industry: Transportation Services - Headquarters: San Francisco, US - Website: www.getaround.com - Total disclosed funding: $526M - Latest round: Series E (Sep 28, 2020) - Investors on record: 29 ## About Getaround, Inc. is a US-based car-sharing platform enabling users to access vehicles 24/7 via their smartphones, simplifying the vehicle rental experience and enhancing urban mobility.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 has completed a total of 15 funding deals, with the latest being a Venture Debt round on January 23, 2024, raising USD 20.00 mn from returning investor Mudrick Capital Management. The company has raised a total of USD 140.00 mn to date.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. The company serves a broad customer base across multiple European markets, including France, Norway, Spain, Belgium, and Germany, making it accessible for both local residents and visitors in need of transportation solutions.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. This structured approach supports a robust ecosystem that balances the needs of car owners and renters within the shared mobility landscape.In January 2024, Getaround, Inc. raised USD 20.00 mn in Venture Debt funding to support its growth initiatives. 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. The funding will also facilitate improvements in the Getaround Connect technology to enhance user experience. ## Funding rounds - Series E, Sep 28, 2020, $140M — Menlo Ventures, Braemar Energy Ventures, Cathay Capital, Pennant Capital Management, Triangle Peak Partners, Bpifrance Investissement, Via ID, Alumni Ventures Group, SB Investment Advisers, Asset Plus Capital, PeopleFund, Reinvent Capital - Series D, Aug 13, 2018, $300M — Menlo Ventures, Braemar Energy Ventures, Triangle Peak Partners, SoftBank Group, SOSV, SPARX Group, Toyota Motor Corporation, Alpha Partners, Invariantes Fund, SB Investment Advisers, SAIC Venture Capital - Series C, Oct 5, 2016, $45M — Menlo Ventures, Braemar Energy Ventures, Triangle Peak Partners, SOSV, SPARX Group, Toyota Motor Corporation, SAIC Capital - Series B, Nov 20, 2014, $24M — Menlo Ventures, Cox Enterprises Inc., Triangle Peak Partners, SOSV - Series A, Aug 2, 2012, $14M — Menlo Ventures, Correlation Ventures, Innovation Endeavors, Collaborative Fund, Sound Ventures - Series A, Sep 12, 2011, $3.4M — Redpoint Ventures, General Catalyst Partners, Hinge Capital, Tuesday Capital ## Investors - Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A - General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A - Hinge Capital (https://capitalatlas.ai/funds/hinge-capital) — Series A - Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Series A - Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B, Series C, Series D, Series E - Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Series A - Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A - Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A - Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A - Cox Enterprises Inc. — Series B - Triangle Peak Partners (https://capitalatlas.ai/funds/triangle-peak-partners) — Series B, Series C, Series D, Series E - SOSV (https://capitalatlas.ai/funds/sosv) — Series B, Series C, Series D - Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series C, Series D, Series E - SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series C, Series D - Toyota Motor Corporation — Series C, Series D - SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series C - SoftBank Group — Series D - Alpha Partners (https://capitalatlas.ai/funds/alpha-partners) — Series D - Invariantes Fund (https://capitalatlas.ai/funds/invariantes-fund) — Series D - SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D, Series E - SAIC Venture Capital (https://capitalatlas.ai/funds/saic-venture-capital) — Series D - Cathay Capital — Series E - Pennant Capital Management — Series E - Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series E - Via ID (https://capitalatlas.ai/funds/via-id) — Series E - Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series E - Asset Plus Capital — Series E - PeopleFund (https://capitalatlas.ai/funds/peoplefund) — Series E - Reinvent Capital (https://capitalatlas.ai/funds/reinvent-capital) — Series E