Turo

Turo operates a peer-to-peer car-sharing marketplace that allows travelers to rent vehicles from local hosts. The platform connects car owners with renters, facilitating a diverse selection of cars at competitive prices. This model enables owners to earn income while providing convenient access to vehicles for travelers in their communities.

Nabeel Al-Kady

Co-Founder

Tara Reeves

Co-Founder

3 past transactions

Croove

Acquisition in 2017
Croove GmbH operates as a car-sharing service company launched in Germany last year by Mercedes-Benz.Simply register, register the car, meet nice renters from the community and easily earn money.Since many of them use digital currencies, you can also choose to earn bitcoins from tenants.

SocialStudio

Acquisition in 2015
The developer of mobile apps JumpCam and FADE.

Wheelz

Acquisition in 2013
Wheelz (www.wheelz.com) is an early stage, venture backed start-up that is introducing a better approach to personal transportation and car ownership. Wheelz peer-to-peer car sharing platform provides a compelling economic opportunity for car owners to securely lease their vehicles on an hourly or daily basis, and a convenient and affordable personal transportation solution for those who don’t own a car. Cars are the second largest personal asset class on the American balance sheet. They are chronically under-utilized -- most vehicles are parked 23 of 24 hours daily --; and they begin losing value the minute they drive off the lot. The current model – high-value, rapidly depreciating, poorly utilized – of car ownership is busted. Wheelz is un-busting it; introducing a more efficient model of car ownership, a model that is more responsible for the planet and the pocketbook.
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