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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Learn more about Turo

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Is Turo a publicly traded company?

Turo is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is Turo's IPO price?

The IPO price for Turo will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Turo pre-IPO?

Turo is privately held company and is not publicly traded, therefor investing in Turo pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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What is the value of my Turo shares?

To determine the value of your Turo shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Turo shares. You can also learn more about how to sell your private shares before getting started.

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Can you sell Turo before it goes public?

Yes, you can seek to sell 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.

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What is Turo's funding to date?

Turo has raised $497.52MM to date.
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When was Turo founded?

Turo was founded in 2009.

Who are Turo's major investors?

GV
Shasta Ventures
August Capital
Trinity Ventures
Canaan Partners
Quiet Capital

Turo funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
2/5/2020

Series E and E-1

$282.02MM raised $XXX.XX $XXX.XX
3/12/2018

Series D-1

$5MM raised $XXX.XX $XXX.XX
9/6/2017

Series D

$112.96MM raised $XXX.XX $XXX.XX
11/3/2015

Series C

$44.81MM raised $XXX.XX $XXX.XX
8/13/2014

Series B

$34.2MM raised $XXX.XX $XXX.XX
9/10/2013

Series A-2

$13.22MM raised $XXX.XX $XXX.XX
5/18/2011

Series A

$5.31MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.