Turo Overview

  • Founded
  • 2009
Founded
  • Status
  • IPO Registration
  • Employees
  • 429
Employees
  • Latest Deal Type
  • IPO
  • (Announced)
  • Latest Deal Amount
  • $100M
Latest Deal Amount
  • Investors
  • 50

Turo General Information

Description

Developer of a peer-to-peer car-sharing platform designed to help people book a car from local car owners. The company's platform lets private car owners share their vehicles via an online and mobile interface with the feature of GPS monitoring, remote unlocking, and smart card entry, thereby enabling owners to earn extra money while not using it.

Contact Information

Website
www.turo.com
Formerly Known As
RelayRides
Ownership Status
In IPO Registration
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Information Services (B2C)
Primary Office
  • 111 Sutter Street
  • Suite 1300
  • San Francisco, CA 94104
  • United States
+1 (866) 000-0000

Turo Timeline

2019202020212022
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Turo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. IPO 09-Aug-2021 $100M 00000 Announced Generating Revenue/Not Profitable
14. Debt - PPP 28-Apr-2020 00.000 00000 Completed Generating Revenue
13. Later Stage VC 06-Feb-2020 0000 00000 Completed Generating Revenue
12. Later Stage VC (Series E) 17-Jul-2019 00000 00000 00.00 Completed Generating Revenue
11. Later Stage VC 31-Dec-2018 00000 Completed Generating Revenue
10. Later Stage VC (Series D1) 25-Jun-2018 00000 00000 00000 Completed Startup
9. Later Stage VC (Series C) 03-Nov-2015 0000 00000 00000 Completed Startup
8. Early Stage VC (Series B) 13-Aug-2014 0000 0000 00000 Completed Startup
7. Secondary Transaction - Private 01-Jul-2014 $30.1M Completed Startup
6. Early Stage VC (Series A2) 10-Sep-2013 $5.91M $30.1M 000.00 Completed Startup
To view Turo’s complete valuation and funding history, request access »

Turo Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series E1 00,000,000 00.000000 00 00.0 00.0 00 00.0 0.000
Series D1 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series D 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series C 00,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series B 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A2 25,651,417 $0.001000 8% $0.57 $0.57 1x $0.57 10.84%
Series A 13,578,372 $0.001000 8% $0.45 $0.45 1x $0.45 5.74%
To view Turo’s complete cap table history, request access »

Turo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a peer-to-peer car-sharing platform designed to help people book a car from local car owners. The company's
Automotive
San Francisco, CA
429 As of 2021
00000
00000000 00000

000000

didunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco
0000000000
Paris, France
000 As of 0000
00000
0000 0000-00-00
00000000000 00000

00000000

rure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteu
0000000000
Paris, France
00 As of 0000
00000
00000000000 00000
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Turo Competitors (37)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Virtuo Venture Capital-Backed Paris, France 000 00000 00000000000 00000
000000000 (0000000 Venture Capital-Backed Paris, France 00 00000 00000000000 00000
0000000000.000 Formerly Angel backed Manchester, United Kingdom 000 000000&0
0000000 Angel-Backed Gladstone Park, Australia 0 00.000 00000000
0000000 Venture Capital-Backed London, United Kingdom 00 000.00 0000000000 0 000.00
You’re viewing 5 of 37 competitors. Get the full list »

Turo Patents

Turo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20110213629-A1 Car sharing Abandoned 01-Mar-2010 000000000 00
US-20120330696-A1 Car sharing Abandoned 01-Mar-2010 000000000 0
US-6694195-B1 Diagnostic system for irrigation controllers Expired - Fee Related 14-Feb-2001 A01G25/16 00

Turo Executive Team (22)

Name Title Board Seat Contact Info
Andre Haddad Chief Executive Officer & Board Member
Alex Benn JD President
Avinash Gangadharan Chief Technology Officer
Michelle Fang JD Chief Legal Officer
Andrew Mok Chief Marketing Officer
You’re viewing 5 of 22 executive team members. Get the full list »

Turo Board Members (21)

Name Representing Role Since
Andre Haddad Turo Chief Executive Officer & Board Member 000 0000
Bjoern Avemark Turo Board Member 000 0000
Brook Porter Kleiner Perkins Board Member 000 0000
Deepak Kamra Canaan Partners Board Member 000 0000
Howard Hartenbaum August Capital Board Member 000 0000
You’re viewing 5 of 21 board members. Get the full list »

Turo Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Turo Investors (50)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
2B Global Capital Growth/Expansion Minority 000 0000 000000 0
ADIT Ventures Venture Capital Minority 000 0000 000000 0
Allen & Company Investment Bank Minority 000 0000 000000 0
Broad St Ventures Venture Capital Minority 000 0000 000000 0
Clint McDonald Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 50 investors. Get the full list »

Turo Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 0000000 10-Mar-2020 0000000000 Social/Platform Software
000000 06-Sep-2017 0000000000 Automotive 00000 000
000000000000 03-Sep-2015 0000000000 Application Software 00000 000
Wheelz 14-May-2013 Merger/Acquisition Automotive 00000 000
To view Turo’s complete acquisitions history, request access »