Turo logo — Find your drive

Turo

Find your drive

Founded 2009 United States San Francisco, United States 1737 employees Post IPO Total: $472.70M Insurtech, Marketplaces +2

General Information

Company Name Turo
Founded Year 2009
Location United States San Francisco, United States +6
Employees 1737
Industries Insurtech, Marketplaces, Mobility +1
Funding Stage Post IPO
Social

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About Turo

Turo, with its slogan "Find your drive," is redefining the vehicle rental industry by offering a peer-to-peer car-sharing platform. Founded in 2009, the company enables customers across the United States, Canada, United Kingdom, France, and Australia to rent vehicles from a vast network of local hosts. This innovative approach eliminates traditional rental hassles, granting users flexibility in vehicle choice, pickup locations, and rental durations.

Having raised over $450M from top-tier investors such as Kleiner Perkins, Canaan Partners, August Capital, GV, Shasta Ventures, Sumitomo Corporation, and IAC, Turo demonstrates significant investment confidence. Most recently, Irving Investors participated in a Secondary Market investment on 01 August 2023, underlining ongoing investor interest.

As a player within the Insurtech, Marketplaces, Mobility, and Transportation sectors, Turo continues to influence how consumers approach travel with a future-centric and user-friendly model, powered by a talented team from its headquarters in the United States.

Taxonomy: Peer-to-Peer Car Sharing, Vehicle Rental Marketplace, Travel Technology, Local Hosts Network, Flexible Rental Options, Community-Based Platform, Car Owners Earnings, Disrupting Traditional Rentals, Convenience for Travelers, Cost-Effective Rentals, Diverse Vehicle Selection, Tech-Driven Mobility, Venture-Backed Startups, Customer Experience Innovation, Private Vehicle Listing

Services & Products

Online Car Rental Services
Host Enrollment Programs
Carculator Tool for Pricing
Insurance & Protection Plans
Dedicated Customer Support

Target Customers

Travelers Commuters Event Planners Business Professionals Car Owners Looking to Monetize

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market •••••• 1
Investor
01 Aug 2023
Post Ipo Equity •••••• - 01 Apr 2022
IPO •••••• - 01 Jan 2022
Series E •••••• 2
Investor Investor
01 Feb 2020
Series E •••••• 1 •••• •••• 01 Jul 2019

View All 15 Funding Rounds

Turo Alternatives & Competitors

Turo vs

Rent From Locals provides an easy and flexible way to rent out your car.

1 employees
Platforms, Real Estate
Turo vs
Balety
Balety Mexico

Más que una renta.

3 employees
Internet, Marketplaces
Turo vs
Drivezy
Drivezy India

#WhatDRIVEZYou

Unknown
156 employees
E-Commerce, Marketplaces

FAQ About Turo

Find your drive
Turo was founded in 2009.
Turo is headquartered in San Francisco, United States.
Turo operates in the following industries: Insurtech, Marketplaces, Mobility, Transportation.
Turo has approximately 1737 employees.
Turo has completed 15 funding rounds, raising a total of $472.70M. The latest funding stage is Post IPO.
Turo offers: Online Car Rental Services, Host Enrollment Programs, Carculator Tool for Pricing, Insurance & Protection Plans, Dedicated Customer Support.
Top alternatives and competitors to Turo include Rent From Locals, Balety, Drivezy, Selfdrive Mobility Middle East, BookAclassic Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Turo and Rent From Locals are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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