About Zipcar
Zipcar is a company based in Boston (United States) founded in 2000 was acquired by Avis Budget Group in January 2013. Zipcar has raised $60.7 million across 4 funding rounds from investors including Avis Budget Group, Pinnacle Ventures and Meritech Capital. Zipcar has completed 2 acquisitions, including Local Motion and Streetcar. Zipcar offers products and services including Zipcar App, Zipcar for Business, and Zipcar for Universities. Zipcar operates in a competitive market with competitors including Kyte, Avis, Envoy, Gotcha and Silvercar, among others.
- Headquarter Boston, United States
- Stage Public
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$60.7 M (USD)
in 4 rounds
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Latest Funding Round
$21 M (USD), Series G
Dec 15, 2010
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Investors
Avis Budget Group
& 5 more
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Employee Count
Not available
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Investments & Acquisitions
Local Motion
& 1 more
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Acquired by
Avis Budget Group
(Jan 02, 2013)
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Products & Services of Zipcar
Zipcar offers a comprehensive portfolio of products and services, including Zipcar App, Zipcar for Business, and Zipcar for Universities.
App for booking and accessing shared vehicles hourly or daily.
Service providing car sharing solutions for businesses and fleets.
Platform offering discounted car sharing for university students and staff.
People of Zipcar
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Funding Insights of Zipcar
Zipcar has successfully raised a total of $60.7M across 4 strategic funding rounds. The most recent funding activity was a Series G round of $21 million completed in December 2010. 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.
Investors in Zipcar
Zipcar has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Avis Budget Group, Pinnacle Ventures and Meritech Capital.
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Private equity investments are directed toward US-based companies.
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Venture debt and equity financing are provided across US sectors.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Investor details for Zipcar
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- Investor locations
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- Participation history
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Investments & Acquisitions by Zipcar
Zipcar has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Local Motion and Streetcar.
Investment portfolio details for Zipcar
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Shared mobility is enabled via vehicle modules and mobile apps.
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B2C car rental company
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Complete acquisition details for Zipcar
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Zipcar
Detailed financials for Zipcar
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
- Financial ratios
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Zipcar Comparisons
Peer comparison for Zipcar
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Zipcar
Zipcar 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 Kyte, Avis, Envoy, Gotcha and Silvercar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based car rental platform
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Online platform offering car rental services
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Community-based electric car-sharing services are facilitated via an online platform.
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Provider of multi-modal electromobility services
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App-based car rental platform
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Detailed competitors of Zipcar
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Zipcar
Complete news archive for Zipcar
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zipcar
Zipcar was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Zipcar is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Zipcar is a funded company, having raised a total of $60.7M across 4 funding rounds to date.
Zipcar is a membership-based car-sharing company that provides automobile rentals to its members, billable on an hourly or daily basis. Members are able to view vehicle availability and reserve a self-service car via the internet, iPhone app, or telephone, in increments as short as one hour and pay only for the time they reserve. Zipcar vehicles report their positions to a control center using in-car technology. Zipcar was founded in 2000 by Cambridge, Massachusetts. On October 31, 2007, Zipcar merged with rival Flexcar. In 2009 Zipcar has become the worlds largest car-sharing service, sharing 6,000 vehicles among 275,000 drivers in 49 U.S. cities, Vancouver, Toronto, and London. On April 1, 2010, Zipcar bought London-based car-sharing firm Streetcar in its latest bid to expand across Europe. Zipcar IPOed in April 2011 and at the end of its first day of trading as a public company, Zipcar was valued at approximately 1.1 billion. Zipcar was bought by Avis Budget Group in Jan-2013 for around 500M in cash.
Zipcar offers Zipcar App, Zipcar for Business, and Zipcar for Universities.
Zipcar has made 2 acquisitions, including Local Motion, and Streetcar.
Zipcar has 6 investors. Key investors include Avis Budget Group, Pinnacle Ventures, Meritech Capital, Greylock Partners, and Benchmark.