About Zipcar
Zipcar is a Travel & Hospitality company based in Boston (United States) founded in 2000, and was acquired by Avis Budget Group in January 2013. Hourly vehicle rentals are provided through membership-based car sharing. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. 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. Its website zipcar.com draws about 999 thousand monthly visits. Zipcar offers products and services including Zipcar App, Zipcar for Business, and Zipcar for Universities. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Car. Its competitors include Kyte, Avis and Envoy; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Boston, United States
- Stage Acquired
- SectorsTravel & HospitalityTransportation, Automotive & Logistics
- Website category Travel and Tourism · Car Rentals
- Website zipcar.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Avis Budget Group (Jan 2013)
- Total Equity Funding$60.7M (USD)
in 4 rounds
- Latest Funding Round$21M (USD), Series G
Dec 2010
- InvestorsAvis Budget Group
& 5 more
- Investments & AcquisitionsLocal Motion
& 1 more
- Acquired byAvis Budget Group
(Jan 2013)
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.
Apps and channels of Zipcar
Zipcar publishes 2 mobile apps with over 1M+ downloads; its YouTube channel zipcar has 5.82K subscribers and 30 videos.
Videos from Zipcar
The most watched videos on Zipcar's YouTube channel, zipcar (5.82K subscribers). Click a video to play it here.
More on zipcar.
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.
- Total Funding $60.7M
- Total Rounds 4
- Last Round Series G — $21M
- First Round $4.7M
(Dec 2002)
- Investors Count 5
All 4 funding rounds of Zipcar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2010 | $21M | Series G | – | – | |
| Nov 2006 | $25M | Series D | – | – | |
| Jan 2005 | $10M | Series C | – | – | |
| Dec 2002 | $4.7M | Series B | – | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward US-based companies. | meritechcapital.com | Palo Alto, United States | ||
Venture debt and equity financing are provided across US sectors. | 2002 | pinnacleventures.com | Palo Alto, United States | |
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Venture capital investments are offered to promising startups. | benchmark.com | San Francisco, United States | ||
VC firm investing in companies in the US | globespancapital.com | Boston, United States | ||
Car and truck rental services are provided worldwide. | 1946 | avisbudgetgroup.com | Parsippany Troy Hills, United States |
Investor details for Zipcar
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- Round participation
- Investor portfolios
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People of Zipcar
51 people are tracked at Zipcar (10 in leadership, 41 in team).
| Name | Role | Group |
|---|---|---|
Tracey Zhen | President | Leadership |
Maureen Herlihy | Head of Revenue Management and Pricing | Leadership |
Carla Orchard | Head Of Insurance And Risk, International | Leadership |
Christopher Moulding | General Manager | Leadership |
Ryan Gramaglia | Director Of Fleet Operations And Supply Chain | Leadership |
Simon Thwaites | Head Of Operations | Leadership |
James Taylor | General Manager, UK | Leadership |
Sonal Kapoor | Human Resources Business Partner | Leadership |
Forrest Neilson | Director Of Field Operations | Leadership |
Shahed Choudhury | Director, Regional Field Operations - East Coast At Zipcar | Leadership |
Cecilia Zavala | Northeast Operations Manager | Team |
Dora B. | Software Quality Assurance Engineer | Team |
Alvin Acosta | Fleet Operations Manager | Team |
Sneha Mehra | Manager, Pricing And Revenue Management | Team |
Ivy Bardaglio | Operations Project Specialist | Team |
Danny Koss | Senior Manager, Support Operations | Team |
Mike Wilson | Texas Fleet Coordinator | Team |
Laura Moraru | Fleet Operations Team Leader & Recovery Lead | Team |
Jon Bryson-Bond | Senior Risk Associate | Team |
Harrison Meesschaert | Support Operations Manager | Team |
31 more people are available in the full profile.
Complete people profiles for Zipcar
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- Board tenure
- Professional contacts
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Shared mobility is enabled via vehicle modules and mobile apps. | getlocalmotion.com | San Mateo, United States | 2011 | Aug 2015 | •••• | |
B2C car rental company | streetcar.co.uk | London, United Kingdom | 2004 | Apr 2010 | $50M |
Complete acquisition details for Zipcar
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Timeline of Zipcar
7 dated milestones of Zipcar across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Zipcar is founded.
- Funding First funding round of $4.7M.
- Acquisition Acquires Streetcar.
- Funding Latest funding round, Series G, of $21.0M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Avis Budget Group.
- Acquisition Acquires Local Motion.
Competitors of Zipcar
Zipcar has 3 listed competitors in our database, 2 of them funded. They include Kyte, Avis and Envoy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kyte.com | 2006 | San Francisco, United States | $99M | 78 | App-based car rental platform | |
| avis.com | 1946 | Parsippany, United States | Online platform offering car rental services | |||
| envoythere.com | 2016 | Los Angeles, United States | $11M | 19 | Community-based electric car-sharing services are facilitated via an online platform. |
Detailed competitors of Zipcar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Zipcar
The website of Zipcar (zipcar.com) receives about 998.6K visits a month and ranks #45,894 among all websites worldwide, #1,289 in Car Rentals.
- Monthly visits998.6K
▼ 2.2% vs previous month
- Unique visitors505.5K
per month
- Global rank#45,894
among all websites
- Category rank#1,289
Travel and Tourism · Car Rentals
- Bounce rate36%
- Pages per visit4.1
- Average visit2 min 53 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with Zipcar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| enterprise.com | 100% | 13.8M | #3,381 | View details | |
| hertz.com | 98% | 9.2M | #4,639 | View details | |
| budget.com | 98% | 4.9M | #9,663 | View details | |
| avis.com | 95% | 5.6M | #7,890 | View details | |
| getaround.com | 90% | 1.1M | #42,114 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Zipcar
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Online Travel
3 companies that operate in the same segment as Zipcar (Online Travel) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 | ||
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | 5,191 |
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Related news about Zipcar
Complete news archive for Zipcar
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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. The company's 1st funding round was a Series B of $4.7M, raised on Dec 2002.
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.
Yes. Zipcar was acquired by Avis Budget Group in January 2013.
Yes. Zipcar publishes Zipcar and 1 more app, with over 1 million downloads.
The website of Zipcar receives about 999 thousand visits a month and ranks #45,894 among all websites worldwide.