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Turo - About the company

Turo is a series F company based in San Francisco (United States), founded in 2010 by Shelby Clark. It operates as an App-based P2P car rental platform. Turo has raised $523M in funding from investors like Canaan, Trinity Ventures and Google Ventures, with a current valuation of $1B. The company has 114 active competitors, including 10 funded and 15 that have exited. Its top competitors include companies like Getaround, Europcar Mobility Group and TravelCar.

Company Details

App-based P2P car rental platform. Their platform connects vehicle owners who are willing to rent their cars with other users. Users can host or rent their vehicle on the platform and users in need of vehicles can search and book the vehicles of their preferences. It offers features like insured rides, contactless-delivery options, and more. Their mobile app is available for Android and iOS devices.
Social
XFacebook
Email ID
*****@turo.com
Registered Address
San Francisco,California
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Series F
Total Funding
$523M in 16 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jul 16, 2019
Investors
Ranked
Employee Count
1,729 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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Turo's funding and investors

Turo has raised a total funding of $523M over 16 rounds. Its first funding round was on Sep 01, 2009. Turo has 44 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Turo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 03, 2022
$35M
Series F
-
-
-
-
Jul 06, 2020
Undisclosed
Conventional Debt
-
-
-
-
Feb 06, 2020
$30M
Series E
-
-
-
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Turo's founders and board of directors

Founder? Claim Profile
The founders of Turo is Shelby Clark. Andre Haddad is the CEO of Turo.
Here are the details of Turo's key team members:

Turo's Board of Directors

Turo's board has 32 active members. Joe Kraus, Brook Porter, Andre Haddad, Deepak Kamra, Joey Levin, Shripriya Mahesh, Jim Barnett, Shelby Clark, Charles Fisher, Michelle Xueyang Fang, Jungho Shin, Aaron Platshon, Mark Norman, Anne Dorman, Howard Hartenbaum, Bonnie Jonas, Kerry Champion, Gulrez Arshad, Julie Weingardt, Albert Mangahas, Scott Kinzie, Susan Athey, Jan-Michael Graef, Mark Stein, Kimberly Jabal, Joerg Lamparter, Alexander Von Furstenberg, Gus Holcomb, Tom Wang, Woo Seong Jeong, Ned Sizer and Andrew Mok are independent board members.
Here is the list of Turo's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
15y 2m
Independent board member
-
Current
10y 5m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
10y 5m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
14y 9m
Independent board member
-
Current
15y 2m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
8y 8m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
15y 2m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
14y 11m
Independent board member
-
Current
15y 2m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
8y 8m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
12y 8m
Independent board member
-
Current
8y 1m
Independent board member
-
Current
8y 8m
Independent board member
-
Current
4y 1m

Turo's employee count trend

Turo has 1,729 employees as of Mar 26. Here is Turo's employee count trend over the years:
Employee count trend for Turo
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Turo's Competitors and alternates

Top competitors of Turo include Getaround, Europcar Mobility Group and TravelCar. Here is the list of Top 10 competitors of Turo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Turo
Turo
2010, San Francisco (United States), Series F
App-based P2P car rental platform
$523M
82/100
2nd
Logo for Getaround
Getaround
2011, San Francisco (United States), Acquired
App-based peer-to-peer carsharing platform
$736M
81/100
3rd
Logo for Europcar Mobility Group
Europcar Mobility Group
2018, Paris (France), Acquired
Provider of mobility solutions for car rental companies
-
-
59/100
4th
Logo for TravelCar
TravelCar
2012, Paris (France), Acquired
App-based platform for car parking & rentals
$16.8M
57/100
5th
Logo for Drivy
Drivy
2010, Paris (France), Acquired
Online P2P car rental marketplace
$54.5M
53/100
6th
Logo for EconomyBookings
EconomyBookings
2008, New York City (United States), Unfunded
Global car rental comparison platform offering cheap deals and diverse options
-
-
51/100
7th
Logo for OuiCar
OuiCar
2012, Paris (France), Acquired
Online P2P car rental service providers
$5.96M
50/100
8th
Logo for EVmo
EVmo
2002, Manhattan Beach (United States), Series A
App-based car rental platform
$6.12M
-
50/100
9th
Logo for Car & Away
Car & Away
2016, High Wycombe (United Kingdom), Seed
P2P carsharing and parking service
$6.27M
43/100
10th
Logo for PopCar
PopCar
2014, Newtown (Australia), Unfunded
App that provides subscription-based car sharing services
-
-
43/100
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Turo's Investments and acquisitions

Turo has not made any investments yet. Turo has made 5 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 01, 2022
Acquisition
2012
Paris (France)
Mar 10, 2020
Acquisition
2015
Sep 06, 2017
Acquisition
2016
Munich (Germany)
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See all acquisitions by Turo

News related to Turo

lockFilter this list
Media has covered Turo for a total of 12 events in the last 1 year, 6 of them have been about company updates and 4 about partnerships.
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FAQs about Turo

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