Getaround

Getaround, Inc. is an online marketplace specializing in peer-to-peer car sharing and local car rentals. Founded in 2009 and based in San Francisco, California, Getaround allows users to rent vehicles on-demand, ranging from economy cars to luxury models, by the hour or day. The platform facilitates a seamless experience through its patented Getaround Connect technology, which enables users to access cars without needing to meet the vehicle owner or handle physical keys. This innovative approach eliminates the traditional hassles of car rental, such as long lines and paperwork. Getaround operates in several major U.S. cities, including San Francisco, San Diego, Chicago, and Washington, D.C., providing a convenient and eco-friendly alternative to car ownership while allowing vehicle owners to earn extra income. The service also includes comprehensive insurance and 24/7 roadside assistance, ensuring a safe and enjoyable experience for users.

Patricia Huerta

Interim CFO

Jason Mudrick

Chairman and Board Member

Sam Zaid

Co-Founder and Board Member

3 past transactions

HyreCar

Acquisition in 2023
HyreCar Inc. operates a peer-to-peer car-sharing marketplace in the United States, enabling vehicle owners to rent their idle cars to drivers for ride-sharing services like Uber and Lyft. Founded in 2014 and based in Los Angeles, California, HyreCar facilitates a flexible rental model that supports gig economy drivers by allowing them to easily access vehicles as needed. The platform enhances fleet scalability to meet fluctuating transportation demands across various cities. Revenue is generated primarily through transaction and insurance fees, along with additional charges such as referral fees and late rental fees. This model provides a reliable and secure way for both car owners and drivers to participate in the growing gig economy.

Nabobil.no

Acquisition in 2019
Nabobil.no is a Norwegian peer-to-peer marketplace that facilitates the rental of underutilized personal vehicles. The platform connects individuals who own cars with those seeking to rent them, offering flexible rental options by the hour, day, week, or month. Users can access a diverse range of vehicles through their virtual garage, making it easy to find a car that fits their needs for various occasions, such as work or leisure trips. The service includes comprehensive insurance coverage, ensuring a zero-risk experience for car owners. Joining the platform is free, providing an accessible solution for both car renters and owners.

Drivy

Acquisition in 2019
Drivy, established in 2010 and headquartered in Paris, France, operates as a leading car rental marketplace in Europe. The company's core business involves connecting individuals or legal entities with idle cars to renters seeking short-term vehicle use via an online platform and mobile application. Drivy facilitates seamless transactions, including a comprehensive insurance coverage for safe rentals, and offers a full mobile experience, from booking to check-in and check-out. Recently, the company introduced Drivy Open, enabling self-service rentals using smartphones. As of 2019, Drivy operates as a subsidiary of Getaround, Inc.
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