Getaround was founded in 2009 by Elliot Kroo, Jessica Scorpio, and Sam Zaid. In 2021, Reuters reported that the company was engaged in talks with special purpose acquisition company Altitude Acquisition Corp, suggesting that the company has plans to go public through a SPAC rather than an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Getaround is a carsharing service that allows users to rent out their cars to others. The company states that they are "currently in 300 cities and 7 countries with 5 million users and 1000+ car models." The company rebounded quickly from lockdowns as people continued to avoid public transportation and traditional rideshare services. According to a company press release, Getaround raised $160 million in its most recent round of funding, bringing their total funding close to $600 million. Investors include PeopleFund, Reinvent Capital, Pennant Investors, and SoftBank Vision Fund. A round of four new executive hires coincided with the successful round of funding. In 2019, the company acquired Drivy, Europe's primary carshare provider, and Nabobil.no, a Norwegian carshare service. The company has been valued at $1.9 billion.

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Learn More About Getaround

To invest in Getaround pre-IPO

Can you invest in Getaround pre-IPO?

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Is Getaround a publicly traded company?

Getaround became a public company following its SPAC on 12/08/2022 and is now traded on the NYSE under the ticker GETR.

To learn more about Getaround potential IPO

Will Getaround go IPO?

Getaround became a public company following its SPAC on 12/08/2022 and is now traded on the NYSE under the ticker GETR.

What is Getaround’s IPO price?

The IPO price of Getaround is not currently available.

When was Getaround founded?

Getaround was founded in 2009.

What is Getaround funding to date?

Getaround has raised $573.43MM to date.

Who are Getaround’s major investors?

Menlo Ventures
SoftBank Vision Fund
SPARX Group
Horizon Technology Finance
Braemar Energy Ventures
Toyota Motor
Vistara Capital Partners

Getaround Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/14/2020 Series E-2 $14,323.00 $xx.xx $990.8MM Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
Price per Share
$xx.xx
Shares Outstanding
14,322,917
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
10/14/2020 Series E-3 $17,830.00 $xx.xx $990.8MM Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
Price per Share
$xx.xx
Shares Outstanding
17,829,563
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
10/14/2020 Series E $57.21MM $xx.xx $990.8MM Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
Price per Share
$xx.xx
Shares Outstanding
14,898,627
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
10/14/2020 Series E-1 $68.47MM $xx.xx $990.8MM Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
Price per Share
$xx.xx
Shares Outstanding
22,286,950
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amrest, Asset Plus Capital, Bpifrance, Braemar Energy Ventures, Cathay Innovation, Menlo Ventures, Pennant Investors, Peoplefund, Reinvent Capital, Softbank Group, Triangle Peak Partners, Vectoiq, Via-Id
08/09/2019 Series D-3 $50.77MM $xx.xx $1.26B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
5,344,476
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
08/21/2018 Series D-2 $18MM $xx.xx $905.45MM Softbank Group, Toyota, Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,712,109
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Softbank Group, Toyota, Undisclosed Investors
08/21/2018 Series D $304.05MM $xx.xx $905.45MM Softbank Group, Toyota, Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
45,812,051
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Softbank Group, Toyota, Undisclosed Investors
04/20/2017 Series C $40.77MM $xx.xx $168.35MM Braemar Energy Ventures, Menlo Ventures, Saic Capital, Sosv, Sparx Group, Toyota, Triangle Peak Partners
Price per Share
$xx.xx
Shares Outstanding
18,526,490
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Braemar Energy Ventures, Menlo Ventures, Saic Capital, Sosv, Sparx Group, Toyota, Triangle Peak Partners
11/20/2014 Series B $19.31MM $xx.xx $94.93MM Acequia Capital, Alpha Venture Partners, Cota Capital, Cox Automotivel, Fj Labs, Menlo Ventures, Rpm Ventures, Sosv, Triangle Peak Partners
Price per Share
$xx.xx
Shares Outstanding
11,980,730
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acequia Capital, Alpha Venture Partners, Cota Capital, Cox Automotivel, Fj Labs, Menlo Ventures, Rpm Ventures, Sosv, Triangle Peak Partners
08/02/2012 Series A $14.82MM $xx.xx $47.6MM A-Grade Investments, Collaborative Fund, Correlation Ventures, Google Ventures, Innovation Endeavors, Menlo Ventures, Rpm Ventures, Sosventures
Price per Share
$xx.xx
Shares Outstanding
14,497,716
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
A-Grade Investments, Collaborative Fund, Correlation Ventures, Google Ventures, Innovation Endeavors, Menlo Ventures, Rpm Ventures, Sosventures
Updated on: Dec 22, 2024

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