Turo (company)
American peer-to-peer car rental company / From Wikipedia, the free encyclopedia
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Turo is an American peer-to-peer carsharing company based in San Francisco, United States. The company allows private car owners to rent out their vehicles via an online and mobile interface in five countries (United States, Canada, United Kingdom, France and Australia).[6]
Quick Facts Formerly, Company type ...
Formerly | RelayRides (2010–2015) |
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Company type | Private |
Industry | Car sharing |
Founded | June 2010; 13 years ago (2010-06) Boston, Massachusetts, U.S. |
Founder | Shelby Clark |
Headquarters | San Francisco, California, U.S. |
Area served | United States, Australia, France, Canada, and the United Kingdom. [1] [2] |
Key people | Andre Haddad (CEO) |
Revenue | US$469 million (2021)[3] |
Owner | IAC Inc. (27%)[4] |
Number of employees | 1300 (2021)[5] |
Website | turo |
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In July 2019, the American holding company IAC invested $250 million in Turo, a deal that valued the company at more than $1 billion.[7][8]