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.

Enterprise Value (based on primary financings)

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Turo investors also invested in these private companies

August Capital
Google Ventures
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

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.
Car sharing marketplace Turo has teamed up with Kiva to offer interest-free loans to Black people and folks from traditionally underserved communities to buy cars and then share them on Turo. The $1 million commitment aims to address the issue of wealth inequality in the United States. Called the T…