Turo was founded in 2009 by Shelby Clark. Turo has S1 filed for an IPO.

Turo is a marketplace for car-sharing with a locally focused, peer-to-peer customer base. Per Forge data, Turo raised $502.6 million in funding over 14 rounds, with their latest funding raised on Aug 29, 2023, in a Secondary Market round. Key investors include IAC, August Capital, SK Holdings, Kleiner Perkins, Allen & Company, and Manhattan Venture Partners.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Turo pre-IPO?

Turo is a privately held company and is not publicly traded, therefore investing in Turo pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Turo before it goes public?

You can seek to sell your shares in Turo while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Turo shares?

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Is Turo a publicly traded company?

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To learn more about Turo potential IPO

Will Turo go IPO?

Turo has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Turo’s IPO price?

The Turo IPO price does not exist at this time, as Turo is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Turo register for Forge Markets, today.

When was Turo founded?

Turo was founded in 2009.

What is Turo funding to date?

Turo has raised $497.52MM to date.

Who are Turo’s major investors?

Shasta Ventures
Iac
Webb Investment Network
Quiet Capital
Manhattan Venture Partners
Masschallenge
Maniv Mobility
Expansion Venture Capital
Founders Circle Capital
Fontinalis Partners
General Motors Ventures
Norwest Venture Partners
Sk Group
Daimler
Canaan Partners
Kleiner Perkins Caufield & Byers
August Capital
Allen & Company
Gv
Trinity Ventures
Liberty Mutual Strategic Ventures

Turo Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/05/2020 Series E-1 $41.5MM $xx.xx $1.24B IAC, Manhattan Venture Partners, Allen & Co.
Price per Share
$xx.xx
Shares Outstanding
5,457,510
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
N/A
Key Investors
IAC, Manhattan Venture Partners, Allen & Co.
02/05/2020 Series E $240.52MM $xx.xx $1.24B IAC, Manhattan Venture Partners, Allen & Co.
Price per Share
$xx.xx
Shares Outstanding
23,723,038
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
N/A
Key Investors
IAC, Manhattan Venture Partners, Allen & Co.
03/12/2018 Series D-1 $5MM $xx.xx $695.2MM Daimler, SK Group, Liberty Mutual Strategic Ventures, Founders Circle Capital, August Capital, Canaan Partners, GV, Trinity Ventures, Shasta Ventures
Price per Share
$xx.xx
Shares Outstanding
535,446
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Daimler, SK Group, Liberty Mutual Strategic Ventures, Founders Circle Capital, August Capital, Canaan Partners, GV, Trinity Ventures, Shasta Ventures
09/06/2017 Series D $112.96MM $xx.xx $695.2MM Daimler, SK Group, Liberty Mutual Strategic Ventures, Founders Circle Capital, August Capital, Canaan Partners, GV, Trinity Ventures, Shasta Ventures
Price per Share
$xx.xx
Shares Outstanding
12,096,793
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Daimler, SK Group, Liberty Mutual Strategic Ventures, Founders Circle Capital, August Capital, Canaan Partners, GV, Trinity Ventures, Shasta Ventures
11/03/2015 Series C $44.81MM $xx.xx $294.84MM Kleiner Perkins Caufield & Byers, August Capital, Canaan Partners, GV, MassChallenge, Shasta Ventures, Trinity Ventures
Price per Share
$xx.xx
Shares Outstanding
9,379,868
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins Caufield & Byers, August Capital, Canaan Partners, GV, MassChallenge, Shasta Ventures, Trinity Ventures
08/13/2014 Series B $34.2MM $xx.xx $109.44MM Trinity Ventures, Canaan Partners, Maniv Mobility, August Capital, GV, Shasta Ventures, Webb Investment Network
Price per Share
$xx.xx
Shares Outstanding
16,262,680
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Trinity Ventures, Canaan Partners, Maniv Mobility, August Capital, GV, Shasta Ventures, Webb Investment Network
09/10/2013 Series A-2 $13.22MM $xx.xx $39.9MM Expansion Venture Capital, Norwest Venture Partners, Webb Investment Network, August Capital, General Motors Ventures, GV, Shasta Ventures
Price per Share
$xx.xx
Shares Outstanding
11,634,911
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Expansion Venture Capital, Norwest Venture Partners, Webb Investment Network, August Capital, General Motors Ventures, GV, Shasta Ventures
05/18/2011 Series A $5.31MM $xx.xx $11.8MM August Capital, Fontinalis Partners, GV
Price per Share
$xx.xx
Shares Outstanding
5,885,733
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
August Capital, Fontinalis Partners, GV
Updated on: Nov 17, 2024

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