Turo Stock $15.78

Forge Price BeaconForge Price 1 updated October 23, 2024

turo.comTransportation / RidesharingFounded: 2009Funding to Date: $497.52MM

Turo is a peer-to-peer car-sharing platform designed to enable travelers to book car rentals from local, trusted car owners. Turo hosts across the US, Canada, and the UK can generate income via their car while they’re not using it. This company, formerly known as RelayRides, was founded by Shelby Clark in 2009 and is headquartered in San Francisco, CA.

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Private Market Pricing DetailsValuation & Financings

Turo Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
10/23/2024
Price per Share
$15.78
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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

Turo investors also invested in these private companies

Manhattan Venture Partners
Maniv Mobility
General Motors Ventures
Daimler
Liberty Mutual Strategic Ventures

Leadership & Board

Leadership

Avinash Gangadharan
Chief Technology Officer
Albert Mangahas
Chief Data Officer
Jeff Platt
Chief Insurance Officer
Andre Haddad
Chief Executive Officer
Alex Benn
President
Lorie Boyd
Chief People Officer
Michelle Fang
Chief Legal Officer
Chuck Fisher
Chief Financial Officer
Andrew Mok
Chief Marketing Officer
Tom Wang
Chief Product Officer
Julie Weingardt
Chief Operations Officer
Pippa Walker
Chief Accounting Officer

Board

Deepak Kamra
Canaan Partners
Brook Porter
Kleiner Perkins
Howard Hartenbaum
August Capital
Joseph Levin
Match Group
Mark Stein
Match Group

Turo stock FAQs

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Can you buy Turo stock?

As Turo is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Turo, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Turo stock?

To invest in a private company like Turo through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Turo stock?

Yes, you may sell the Turo stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Turo stock?

If you hold private company shares of Turo – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Turo on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Turo a public company?

No, Turo is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Turo’s stock price?

Turo is a private company, meaning it does’t have a publicly traded stock price. However, as of 10/23/2024 the Turo Forge Price is $15.78 per share. The Forge Price is a derived price calculated for private companies like Turo to provide insights into their current valuation. Learn more about Forge Price.
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What is Turo’s stock ticker symbol?

Turo does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Turo’s news and media highlights

Turo, the world's largest peer-to-peer car sharing marketplace, today announced over 70 key product updates that further strengthen the company's position as the car sharing leader, as it works to penetrate a massive $172B total addressable market. One key update puts the company's extraordinary selection of over 1,600 unique makes and models front and center, thanks to limitless search, an innovative feature that lets customers browse all of Turo's available vehicles without dates or locations. The ability to freely browse vehicles — from exotic vehicles to the latest models — is the first of its kind in the car rental or car sharing space.
Turo is one of our favorite rental car platforms – think of it like the Airbnb of cars – often saving hundreds compared to the big chains. And this Amex Offer makes it even cheaper. Spend $150 or more on Turo rentals and you'll get $30 back. This offer popped up again recently and it's still around if you want to take advantage for an even cheaper set of wheels this spring or summer. Turo is regularly half the price (or less) than the like of National, Hertz, and other rental companies, so this is a great deal as you can save up to 20% more on an upcoming car Turo rental.
Turo is a peer-to-peer car sharing platform that allows owners to rent out personal vehicles. It provides an alternative to traditional rental cars, with variable pricing and location options. However, total costs may be higher once Turo's fees are added, and personal insurance may not apply.
While companies have been working toward sustainability metrics, responsibility for keeping track of them has often landed under the CFO’s purview. In a survey of CFOs late last year by Protiviti, ESG metrics and measurement were their top financial priority. Last week, the Securities and Exchange Commission approved long-awaited rules requiring companies to report on sustainability measures, and standardizing how they are to make those disclosures.
Updated on: Oct 25, 2024

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