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Turo

Valuation $2B

About Turo

Turo is a peer-to-peer car-sharing marketplace where customers can book vehicles from a community of local hosts.
Headquarters Turo, San Francisco
Founded 2009-01-01
Industry Car Sharing, InsurTech, Marketplace, Peer to Peer, Transportation
Last Funding Type Secondary Market
Valuation 2
Total Funding $570.07 million dollars
IPO Status Private

Financial

Turo has announced over 70 key product updates aimed at enhancing the car-sharing experience and supporting entrepreneurship. Additionally, Turo has partnered with Tint to provide an off-trip insurance program for hosts across all states. The company is also introducing new features to improve user experience, such as better browsing and instant booking options.
Funding Rounds 14
Number of Lead Investors 7
Total Funding Amount  $570.07 million dollars
Number of Investors 32

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