About Getaround
Getaround is a company based in San Francisco (United States) founded in 2011 was acquired by InterPrivate in May 2022.. Getaround has raised $736.3 million across 17 funding rounds from investors including Kelley Blue Book, Bpifrance and SoftBank Vision Fund. Getaround has completed 2 acquisitions, including Drivy and Nabobil. Getaround offers products and services including Getaround App and Car Rental Service. Getaround operates in a competitive market with competitors including Turo, Drivy, SnappCar, TravelCar and OuiCar, among others.
- Headquarter San Francisco, United States
- Stage Unicorn
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Getaround, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$736.3 M (USD)
in 17 rounds
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Latest Funding Round
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Investors
Kelley Blue Book
& 45 more
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Employee Count
Employee Count
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Investments & Acquisitions
Drivy
& 1 more
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Acquired by
InterPrivate
(May 24, 2022)
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Products & Services of Getaround
Getaround offers a comprehensive portfolio of products and services, including Getaround App and Car Rental Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for renting cars from owners with contactless access.
Service for booking cars hourly or daily with insurance included.
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Funding Insights of Getaround
Getaround has successfully raised a total of $736.3M across 17 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 17
- Last Round Last Round
- First Round First Round
- Investors Count 45
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Debt – Conventional - Getaround | Valuation |
investors |
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| Nov, 2020 | Amount | Debt – Venture - Getaround | Valuation |
investors |
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| Oct, 2020 | Amount | Series E - Getaround | Valuation | People's Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Getaround
Getaround has secured backing from 46 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kelley Blue Book, Bpifrance and SoftBank Vision Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Structured debt is provided to life sciences and technology firms.
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Founded Year | Domain | Location | |
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Provider of venture capital firm investing in multiple sectors and financial consulting services
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Getaround
Getaround has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Drivy and Nabobil. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online marketplace for peer-to-peer car rentals is operated.
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2015 | ||||
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Peer-to-peer car rentals are enabled via an online marketplace.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Getaround
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Getaround Comparisons
Competitors of Getaround
Getaround operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Turo, Drivy, SnappCar, TravelCar and OuiCar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Peer-to-peer car rentals are facilitated via a mobile app.
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are enabled via an online marketplace.
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| domain | founded_year | HQ Location |
Online P2P platform providing car rental services
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| domain | founded_year | HQ Location |
App-based platform for car parking & rentals
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are enabled online through OuiCar's platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Getaround
Frequently Asked Questions about Getaround
When was Getaround founded?
Getaround was founded in 2011.
Where is Getaround located?
Getaround is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Getaround?
Eduardo Iniguez is the current CEO of Getaround.
Is Getaround a funded company?
Getaround is a funded company, having raised a total of $736.3M across 17 funding rounds to date. The company's 1st funding round was a Series E of $140M, raised on Jan 23, 2011.
What does Getaround do?
App-based peer-to-peer carsharing platform. The platform enables car owners to rent their cars to a community of drivers using their smartphones. Drivers can find the car using an app and reserve it through the app for using the car. Their app is available for iOS and Android devices.
Who are the top competitors of Getaround?
What products or services does Getaround offer?
Getaround offers Getaround App and Car Rental Service.
How many acquisitions has Getaround made?
Who are Getaround's investors?
Getaround has 46 investors. Key investors include Kelley Blue Book, Bpifrance, SoftBank Vision Fund, Horizon Tech Finance, and Broadscale Group.
What is Getaround's valuation?
The valuation of Getaround is $1.7B as of Sep 2019.
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