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Industries
Automotive & Transportation
Consumer Goods
Company Size
1,001-5,000
Company Stage
Post IPO Equity
Headquarters
San Francisco, California
Founded
2009
Turo operates a peer-to-peer car sharing platform that allows private car owners to rent their vehicles to others. Car owners can list their cars, set rental prices, and determine availability, while renters can browse these listings to find a vehicle that meets their needs. Turo facilitates the rental process by providing insurance coverage and customer support, ensuring a smooth experience for both parties. The company earns revenue by taking a percentage of the rental fees, which aligns its interests with those of its users. Turo stands out from competitors by offering a diverse range of vehicles, including everyday cars and luxury options, making it a flexible and cost-effective alternative to traditional car rental services. The goal of Turo is to connect car owners with renters, enhancing the sharing economy and providing a convenient solution for short-term vehicle needs.
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Total Funding
$499M
Above
Industry Average
Funded Over
7 Rounds
Turo has issued a statement, following the New Orleans terror attack and the Cybertruck vehicle explosion in Las Vegas.
The Tesla Cybertruck that exploded Wednesday in Las Vegas was rented on Turo, the same car-sharing app used to rent the pickup truck used in the New Orleans attack earlier Wednesday.
Topline. A truck that drove into a New Orleans crowd, killing 14 people, and a Tesla Cybertruck that exploded outside the Trump Hotel in Las Vegas on New Year’s Day were both rented through Turo, an app that allows vehicle owners to rent out their cars or trucks, according to the company. The company said it was not aware of any information that may link the two incidents.AFP via Getty Images Key Facts
Turo partners with United Airlines to offer mileageplus members perks.
World's largest car sharing marketplace Turo has partnered with The General Store to launch a new campaign platform, amplifying the company's continued growth in australia since launching in 2022.
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Industries
Automotive & Transportation
Consumer Goods
Company Size
1,001-5,000
Company Stage
Post IPO Equity
Headquarters
San Francisco, California
Founded
2009
Find jobs on Simplify and start your career today
Discover companies similar to Turo