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Turo
Car sharing marketplace
- 1001+ employees
- B2B
- Marketplace
- Cars
- Transport
- Union Square, San Francisco, CA
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Company mission
Turo's mission is to put the world's cars to better use.
Few candidates hear
back within 2 weeks
22% employee growth in 12 months
Our take
Turo is the world’s largest car rental marketplace. The comparisons with AirBnb are obvious but not unfounded - ‘hosts’ make their cars available to ‘guests’ who benefit from short-term rentals without the cost of purchasing their own automobile.
The startup has reinvented the car-rental marketplace, previously dominated by incumbents like Avis. By allowing users to rent directly from the car owner themselves, Turo is bringing transparency, efficiency, and liquidity to the industry while hosts earn additional income.
Perhaps one of the biggest challenges the company needs to overcome is similar to those that plagued other major sharing-economy companies like Uber - regulation. Specifically Turo faces disputes over bad-faith hosts and from incumbent players, especially regarding airport use. Since its 2022 IPO, Turo has been eyeing further global expansion and targeting a series of strategic acquisitions and partnerships which will expand its product suite for hosts and guests alike.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Dental, and vision coverage
- Time off to volunteer
- Travel credit each month to grab a car and go explore
- 28 days holiday (excl. bank holidays)
- Work from home opportunities
- Health insurance
Company values
- We’re a great bunch - Our people are our #1 asset, and each team member uniquely invigorates our diverse, international, travel- and car-loving cast of characters
- We’re in it to win it - We tackle thorny problems every day. We tinker, we experiment, we measure, analyze, and optimize, and we work tirelessly to realize our mission and vision
- We’re doing cool stuff - From dynamic web and mobile apps to customer experiences that refresh confidence in humankind, we’re crafting a brand that brings adventure to the logistics of travel
Funding (last 2 of 10 rounds)
Feb 2020
$30m
SERIES E
Jul 2019
$250m
SERIES E
Total funding: $464m
This company has top investors
Leadership
Andre Haddad
(CEO, not founder)Previously worked for 10 years at eBay, holding various positions such as CEO - Shopping.com & Vice President - User Experience & Design.
Articles
