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Turo Inc.


Turo Stock

Turo is a premier online car-sharing platform that allows private vehicle owners to rent out their vehicles. This marketplace provides an alternative to traditional car rental services by offering a wide range of vehicles in numerous locations, facilitating a personalized and convenient experience for both car owners and renters.

Founded: 2009

Turo Website

Turo Company Overview

Founded as a groundbreaking approach to vehicle rental, Turo connects car owners who want to earn extra income with renters seeking a more personalized and varied car rental experience. This peer-to-peer platform enables vehicle owners to list their vehicles, which renters can then browse and book for short-term use. It provides a diverse fleet, from everyday cars to luxury and classic vehicles, ensuring an option for every occasion and need. Key to Turo’s appeal is its user-friendly interface and flexible rental terms, which include options for duration and specific car types, making it attractive for both spontaneous trips and planned travels. Renters can access cars directly from car owners, bypassing traditional rental agencies, which often results in cost savings and a more personal exchange. Turo offers robust insurance options, backed by major insurers, to protect both hosts and renters, enhancing trust in the platform. Additionally, Turo has expanded globally, serving major cities across several countries, thereby broadening its market reach and accessibility. Investors might find Turo’s model particularly appealing due to its scalable approach to car sharing, potential for rapid growth in the expanding gig economy, and its ability to disrupt traditional car rental industries by leveraging technology and community-based trust.

Management Team

Andre Haddad CEO
Alex Benn President
Michelle Fang Chief Legal Officer
Avinash Gangadharan CTO
Andrew Monk CMO
Ned Sizer CFO
Tom Wang Chief Product Officer
Lorie Boyd Chief People Officer

Funding Information


Turo car-sharing service launches in B.C.

If you want to rent a car in British Columbia, it's just gotten a little easier with the Turo app.

Turo Adds Another $30M To Series E

Car rental marketplace Turo has raised an additional $30 million in a second round of its $250 million Series E, bringing in shareholders that include NFL player Larry Fitzgerald and rapper 2 Chainz.

Nissan and Turo partnership will let you really see if a car fits your lifestyle - Roadshow

Test drive a Nissan through Turo and the automaker will give you $300 towards the purchase of one.

Now That Turo Is in My Life, I Will Never Rent a Car the Annoying Way Again

Waiting? In line? At a counter? Unlikely.

I tried Turo, a car share company that connects vehicle owners and renters — here’s why I'll never use a traditional car rental again

Turo is the sharing economy's answer to big car rental agencies. Rent everything from a classic roadster to a Volkswagen Vanagon to a brand-new Tesla.

Peer-to-peer car-sharing marketplace Turo raises $250M at over $1B valuation from IAC

Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com and OkCupid.

Can-Am Announces Partnership With Turo Vehicle Sharing Marketplace

Can-Am has announced a partnership with Turo, a global online vehicle sharing marketplace–think of it as Airbnb for vehicles–to engage potential enthusiasts with an extended ride experience.

Car-sharing pioneer Turo moving HQ into Biltmore Center

Turo, a San Francisco-based car-sharing company, is moving its Phoenix headquarters to Biltmore Center, 2390 E. Camelback Rd.  The company plans to accommodate its rapid growth with a large expansion into the Camelback Corridor office building.

Hillsborough aviation authority sues rental car company Turo over unauthorized use of Tampa International Airport

Turo is like Airbnb or Uber for rental cars, and like Uber a couple of years ago, the San Francisco-based company is stirring up controversy at Tampa International Airport.

Bill dies that sought tax equity between car rental and car sharing firms

A Senate committee on Monday killed a bill that sought to create more tax equity between traditional car rental companies and new peer-to-peer car sharing firms.

This 'Brutal' Battle Could Affect Your Next Car Rental

In Arizona, two bills are on a collision course in the state legislature, and the outcome could directly affect your next car rental. It's a drama that's playing itself out in at least 30 other states, part of a "brutal" battle pitting car rental companies against peer-to-peer car sharing startups.

House approves bill allowing peer-to-peer vehicle rentals with no sales taxes

State lawmakers voted Thursday to let individuals rent their own vehicles to others with minimal regulations and no requirement to pay the same taxes as firms like Hertz, Avis and Enterprise.

Gear Guide: Space-saving products for your next weekend getaway

For weekends at the cottage, country inn or chalet – or winter drives down to the Snowbird States – experts advise minimizing luggage and hassle by renting gear instead of buying, and by packing clothes designed to pull double-duty on the beach and behind the wheel.

Federal Court Greenlights Car Sharing Company's Challenge to LAX Fees

The City of Los Angeles has failed in its bid for dismissal of the lawsuit filed last summer by Turo Inc., a peer-to-peer car-sharing company that objects to being taxed and otherwise treated like a traditional car-rental company for car-sharing transactions at or near Los Angeles International Airport.

LMP Automotive Holdings, Inc. Extends its Offerings through Peer-to-Peer Carsharing Platform Turo

LMP Automotive Holdings, Inc., through its wholly-owned subsidiaries, currently offers its customers the opportunity to buy, sell, rent and subscribe for, and obtain financing for automobiles both online and in person.

DropCar Announces Deal with Leading Peer-to-Peer Car Sharing Marketplace, Turo

DropCar, Inc., a leading provider of last mile logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced a deal with Turo, the world’s leading peer-to-peer car sharing marketplace.

Turo expands car-sharing platform by taking on rival rental firms' customers

Turo is looking to expand its car-sharing platform across the UK. Car-sharing platform Turo has stepped up its expansion plans by taking over the customer base of easyCar Club. The firm, which brands itself as ‘the AirBnB of cars’ lets owners rent out vehicles when they’re not being used.

“Carculator” tells you how much money you can make renting out your car

Data from 6 million days of rentals powers the carculator.

Turo's 'Carculator' lets you see potential earnings from renting your ride

Peer-to-peer car sharing -- Airbnb for cars, essentially -- is a relatively new concept, and its biggest proponent right now is Turo. If you've thought about joining the service, but weren't sure what kind of money could or couldn't be made, Turo now has a tool for that.

Turo partners with Continental to offer keyless mobility experience

Continental and Turo announced a collaboration to bring instant mobility to users through the exciting new application, Turo Go.