Turo - About the company
Turo is a series F company based in San Francisco (United States), founded in 2010 by Shelby Clark and Logan Sterling. 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.
Sectors and market segments that Turo operate in
Turo serves in the Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech market segments.The primary business model of Turo are: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.
- Website
- turo.com
- 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
Ranked
1st among 114 active competitors
Employee Count
1,744 as on Jun 30, 2026
Legal entities associated with Turo
Turo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TURO INC. CIN: 270729479 , United States, Active | Dec 31, 1999 | - | 785 (As on Dec 31, 2024) | - |
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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 46 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Turo:
Filter 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 | - | - | - |
View details of Turo's funding rounds and investors
Turo's founders and board of directors
Founder? Claim ProfileHere are the details of Turo's key team members:
- Shelby Clark: Former Founder of Turo and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Logan Sterling: Founder of Turo.
- Andre Haddad: CEO of Turo. They are also an angel investor in 3 startups.Contact Info: 1 email address
Turo's Board of Directors
Turo's board has 32 active members. Joe Kraus, Andre Haddad, Deepak Kamra, Joey Levin, Shripriya Mahesh, Jim Barnett, Shelby Clark, Charles Fisher, Jungho Shin, Brook Porter, Mark Norman, Howard Hartenbaum, Bonnie Jonas, Gulrez Arshad, Kerry Champion, Julie Weingardt, Albert Mangahas, Scott Kinzie, Anne Dorman, Susan Athey, Jan-Michael Graef, Andrew Mok, Mark Stein, Joerg Lamparter, Kimberly Jabal, Alexander Von Furstenberg, Gus Holcomb, Michelle Xueyang Fang, Aaron Platshon, Tom Wang, Ned Sizer and Woo Seong Jeong are independent board members.Here is the list of Turo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 15y 5m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 10y 7m | |
Independent board member | - | Current | 6y 10m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 14y 11m | |
Independent board member | - | Current | 15y 5m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 10y 7m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 15y 5m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 15y 5m | |
Independent board member | - | Current | 15y 2m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 6y 10m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 6y 10m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 6y 10m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 12y 10m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 8y 3m |
View details of Turo's Founder profiles and Board Members
Turo's employee count trend
Turo has 1,744 employees as of Jun 26. Here is Turo's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Turo 2010, San Francisco (United States), Series F | App-based P2P car rental platform | $523M | 82/100 | |
2nd | Getaround 2011, San Francisco (United States), Acquired | App-based peer-to-peer carsharing platform | $736M | 78/100 | |
3rd | Europcar Mobility Group 2018, Paris (France), Acquired | Provider of mobility solutions for car rental companies | - | - | 59/100 |
4th | App-based platform for car parking & rentals | $16.8M | 57/100 | ||
5th | Online P2P car rental marketplace | $54.5M | 53/100 | ||
6th | EconomyBookings 2008, New York City (United States), Unfunded | Global car rental comparison platform offering cheap deals and diverse options | - | - | 51/100 |
7th | Online P2P car rental service providers | $5.96M | 50/100 | ||
8th | EVmo 2002, Manhattan Beach (United States), Series A | App-based car rental platform | $6.12M | - | 50/100 |
9th | VIP Cars 2009, London (United Kingdom), Unfunded | Self-drive car rental company | - | - | 43/100 |
10th | Car & Away 2016, High Wycombe (United Kingdom), Seed | P2P carsharing and parking service | $6.27M | 43/100 |
Looking for more details on Turo's competitors? Click here to see the top ones
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:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 01, 2022 | Acquisition | 2012 | Paris (France) | |
Mar 10, 2020 | Acquisition | 2015 | Miami (United States) | |
Sep 06, 2017 | Acquisition | 2016 | Munich (Germany) |
See all acquisitions by Turo
Reports related to Turo
Here is the latest report on Turo's sector:
News related to Turo
Media has covered Turo for a total of 12 events in the last 1 year, 6 of them have been about company updates and 3 about partnerships.
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Turo Launches EV vs. Petrol Trip Cost Calculator for US TravelersTravel Daily Media•Jun 04, 2026•Turo
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Turo Turbocharges Host Growth Ahead of Massive Summer Travel Season Fueled by Sports FansPR Newswire•May 05, 2026•Turo
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Parable Hospitality & Turo Partner for American AccessibilityGlobeNewswire•Apr 07, 2026•Turo, Parable Hospitality
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Meta, YouTube Sued By Subject Of Viral Turo Dash Cam ClipLaw360•Jan 27, 2026•Reddit, Meta, YouTube, Turo
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Turo launches new alternative to leasing and financing vehicle that reimagines car ownershipPR Newswire•Oct 21, 2025•Turo
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