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Getaround

company

About

Getaround is a peer-to-peer car sharing marketplace that enables car owners to rent out their cars.

  • 251 - 500

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$25M
Industries
Car Sharing,Marketplace,Peer to Peer,Transportation
Founded date
Jan 1, 2011
Number Of Employee
251 - 500
Operating Status
Active

Getaround empowers users to instantly rent and drive great cars shared by people in their city. Cars can be rented by the hour, or the day, with a $1M insurance policy and 24/7 roadside assistance included. By using its app, people skip the lines and paperwork at traditional rental car counters, and the hassle of buying and maintaining a car. Powered by Getaround ConnectTM, the patented connected car technology, Getaround creates a fun and safe carsharing experience is without the need to meet the car owner, carry an access card, or coordinate picking up a car key. People share everything from a Prius to a Tesla and earn thousands in extra income each year, offsetting the high cost of car ownership while also making a positive impact on the environment.

Headquartered in San Francisco, Getaround has thousands of cars available throughout major metropolitan areas across the United States. Existing investors in Getaround include Menlo Ventures, Braemar Energy Ventures, Asset Plus, Triangle Peak Partners, SPARX Group, Toyota Motor Corporation, Cox Automotive Inc., and SAIC Capital.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$28.40M
Getaround has raised a total of $28.40M in funding over 2 rounds. Their latest funding was raised on Nov 12, 2020 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 12, 2020 Debt Financing $25M 1 Horizon Technology Finance Detail
Sep 9, 2011 Seed $3.40M 2 Detail
Jan 23, 2011 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Getaround is funded by 3 investors. Horizon Technology Finance and General Catalyst are the most recent investors.
Investor Name Lead Investor Funding Round
Horizon Technology Finance Yes Debt Financing
General Catalyst Seed
Redpoint Seed