Getaround is a peer-to-peer car sharing marketplace that enables car owners to rent out their cars.
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.
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 |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Horizon Technology Finance | Yes | Debt Financing |
General Catalyst | — | Seed |
Redpoint | — | Seed |