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Turo Stock

turo.comTransportationFounded: 2009Funding to Date: $486.06MM

Turo is the developer of a peer-to-peer car sharing marketplace designed to allow users to book any car they want, wherever you want it, from a vibrant community of trusted hosts.

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Enterprise Value (based on primary financings)

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Enterprise Value (based on primary financings)

Enterprise Value

View Enterprise Value for Turo.

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Turo investors also invested in these private companies

August Capital
Google Ventures
Shasta Ventures
Canaan Partners
Trinity Investors

Team

Management Team

Andre Haddad
Chief Executive Officer & Board Member
Alex Benn JD
President
Steven Webb
Vice President, Communications
Avinash Gangadharan
Chief Technology Officer
Cedric Mathieu
Director, Canada
Ned Sizer
Chief Financial Officer
Michelle Fang JD
Chief Legal Officer
Andrew Mok
Chief Marketing Officer
Tom Wang
Chief Product Officer
Lorie Boyd
Chief People Officer

Board Members

Brook Porter
Kleiner Perkins
Deepak Kamra
Canaan Partners
Howard Hartenbaum
August Capital
Joerg Lamparter
Joseph Levin
IAC
Mark Stein
IAC
Susan Athey Ph.D
Andre Haddad
Turo

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News

Techcrunch 01/17/2022
The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down – TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to …
Reuters 01/14/2022
Car sharing startup Turo reveals revenue surge in IPO filing
Daimler AG-backed car sharing marketplace Turo made public its filing and disclosed its finances for the first time, revealing a 207% jump in revenue. It reported a net revenue of $330.5M in the nine months ended September last year, up from $107.8M the previous year.
CNBC 08/12/2021
Car-sharing marketplace Turo files confidentially for U.S. IPO
Turo is the latest to explore going public this year, after a string of debuts including SoftBank-backed Full Truck Alliance, electric-vehicle maker Lucid Group, and Plus, a self-driving truck technology startup. Turo's business boomed during COVID-19 lockdowns last year as people preferred car rentals over public transportation and air travel.

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