We saw a common problem with the personal automobile.
Car owners invest huge amounts of time and money into an asset they barely use. Cars are driven only 8% of the time, while potential drivers walk past block after block of underutilized cars. We are here to connect the dots… to help people get around.
Getaround is a social car sharing service.
We enable car owners to safely rent out their underutilized cars to a community of trusted drivers. People in need of a car can rent one by the hour using the Getaround website or iPhone app.
Imagine a world with fewer cars, without traffic jams, and with less pollution.
We are a team of successful entrepreneurs, hackers, and business people passionate about using mobile technology to create sustainable transportation solutions. We want to empower people to travel more efficiently and cause a shift from personal to shared transport.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 09/01/11 | Seed | 3.4M | CrunchFund, Redpoint Ventures | Unknown |
| 08/01/12 | Series A | 13.9M | British Telecom, Triage Ventures, Innovation Endeavors | Unknown |