Getaround - About the company
Getaround is an acquired company based in San Francisco (United States), founded in 2011 by and . It operates as an App-based peer-to-peer carsharing platform. Getaround has raised $736M in funding from investors like Redpoint Ventures, General Catalyst and Menlo Ventures, with last known valuation of $1.7B. The company has 81 active competitors, including 10 funded and 16 that have exited. Its top competitors include companies like Turo, SnappCar and Drivy.
Sectors and market segments that Getaround operate in
Getaround serves in the B2C space in the Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech market segments.The primary business model of Getaround are:Company Details
App-based peer-to-peer carsharing platform. The platform enables car owners to rent their cars to a community of drivers using their smartphones. Drivers can find the car using an app and reserve it through the app for using the car. Their app is available for iOS and Android devices.
- Website
- Social
- Email ID
- @getaround.com
Key Metrics
Founded Year
2011
Location
San Francisco, United States
Stage
Acquired
Total Funding
in 17 rounds
Latest Funding Round
Last Known Valuation
as on Sep 06, 2019
Investors
Ranked
2nd among 81 active competitors
Employee Count
as on Dec 31, 2022
Similar Companies
Turo &
Exit Details
Acquired by (May 24, 2022)
Legal entities associated with Getaround
Getaround is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Sep 09, 2009 | - | 952 | 160 |
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Getaround's acquisition details
Getaround got acquired by on May 24, 2022. It was facilitated by Greenberg Traurig.
Click to take a look at Getaround's acquisition in detail
Getaround's funding and investors
Getaround has raised a total funding of $736M over 17 rounds. Its first funding round was on Jan 23, 2011. Its latest funding round was a Conventional Debt round on Jan 24, 2024 for an undisclosed amount. 1 investor participated in its latest round, which include Redpoint Ventures, Triangle Peak Partners, Menlo Ventures and General Catalyst.
Getaround has 60 institutional investors including Redpoint Ventures, General Catalyst and Menlo Ventures. Fabrice Grinda and 12 others are Angel Investors in Getaround.
Here is the list of recent funding rounds of Getaround:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 24, 2024 | Undisclosed | Conventional Debt | - | - | |
Nov 13, 2020 | $25M | Venture Debt | - | - | |
Oct 14, 2020 | $140M | Series E | - | - |
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Getaround's valuation details
Getaround is valued at $1.7B as per the last known valuation.Getaround's founders and board of directors
The founders of Getaround are and . and are the CEO of Getaround. has founded 1 more company - .
View details of Getaround's Founder profiles and Board Members
Getaround's employee count trend
Getaround has 128 employees as of Dec 22. The total employee count is 53.3% lower than what it was in Dec 21. Here is Getaround's employee count trend over the years:
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Top competitors of Getaround include Turo, SnappCar and Drivy. Here is the list of Top 10 competitors of Getaround, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Turo 2010, San Francisco (United States), Series F | App-based P2P car rental platform | $523M | Kleiner Perkins, Cross CreekÌý&²¹³¾±è;Ìý | 89/100 |
2nd | 2011, San Francisco (United States), Acquired | App-based peer-to-peer carsharing platform | $736M | Redpoint Ventures, Triangle Peak PartnersÌý&²¹³¾±è;Ìý | 72/100 |
3rd | SnappCar 2011, Utrecht (Netherlands), Acquired | Online P2P platform providing car rental services | $22.1M | , EIC FundÌý&²¹³¾±è;Ìý | 72/100 |
4th | Online P2P car rental marketplace | $54.5M | Index Ventures, NGP CapitalÌý&²¹³¾±è;Ìý | 63/100 | |
5th |  Car & Away 2016, High Wycombe (United Kingdom), Seed | P2P carsharing and parking service | $6.27M | endInSight, Founders FactoryÌý&²¹³¾±è;Ìý | 57/100 |
6th | App-based platform for car parking & rentals | $16.8M | Founder Institute, Ìý&²¹³¾±è;Ìý | 56/100 | |
7th | EVmo 2002, Manhattan Beach (United States), Series A | App-based car rental platform | $6.12M | - | 55/100 |
8th | Self-drive car rental, ride-sharing and leasing service provider | - | - | 55/100 | |
9th | Online P2P car rental service providers | $5.96M | Idinvest Partners, DaphniÌý&²¹³¾±è;Ìý | 47/100 | |
10th | HiyaCar 2014, Milton Keynes (United Kingdom), Series A | App-based P2P car rental platform for travelers | $8.89M | , endInSightÌý&²¹³¾±è;Ìý | 44/100 |
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Getaround's Investments and acquisitions
Getaround has made no investments or acquisitions yet.
Reports related to Getaround
Here is the latest report on Getaround's sector:
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News related to Getaround
Media has covered Getaround for a total of 14 events in the last 1 year, 4 of them have been about company updates and 2 about people movement.
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GlobeNewswire•Feb 12, 2025•Getaround
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GlobeNewswire•Nov 14, 2024•Getaround
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Law360•Oct 08, 2024•Getaround
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Business Wire•Sep 05, 2024•Getaround
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Business Wire•Aug 20, 2024•Getaround
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Business Wire•Aug 13, 2024•Getaround
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Business Wire•Jul 10, 2024•Getaround
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Getaround
When was Getaround founded?
Getaround was founded in 2011.Where is Getaround located?
Getaround is located in San Francisco, United States.Is Getaround an acquired company?
Getaround got acquired by InterPrivate on May 24, 2022.When was the latest funding round of Getaround?
Getaround's latest funding round was on Jan 24, 2024.How much is Getaround worth?
The last known valuation of Getaround was $1.7B as on Sep 06, 2019.What is the annual revenue of Getaround?
Annual revenue of Getaround is undefined as on undefined.Is Getaround a Road Transport Tech company?
The primary sectors of Getaround are Road Transport Tech and Online Travel.Our Lite Plan Awaits you - Its Free!
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