RelayRides is changing the way people think about car sharing! We will Reinvent the Wheels by enabling car owners to make money with their underused cars while providing those in need of a car with simple, affordable access to one. RelayRides is committed to providing on-demand mobility while positively impacting the environment. Car sharing means:
* Less Road Congestion: Every shared car replaces 14 – 18 cars on the road
* Less Oil Dependence: Studies show that car sharing participants spend anywhere from 40% – 70% less time on the road than those who don’t participate in a car sharing program.
* Less Pollution: Fewer cars on the road, and decreased time spent on the road by those driving means cleaner, fresher air for all of us to breathe!
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 05/01/09 | Seed | 0.03M | Unknown | |
| 08/01/11 | Other | 3.6M | Unknown | |
| 11/01/11 | Series A | 13M | Unknown |