Company profile

Turo

Turo has raised $523M across several rounds, including $35M in Series F funding in April 2022, which supports platform expansion and enhanced host tools. Additional rounds include $30M Series E in February 2020 and an undisclosed conventional debt round in July 2020, strengthening operational infrastructure. Since its founding in 2010, Turo has grown into a leading peer-to-peer car-sharing marketplace, enabling vehicle owners to earn income by renting their cars. Its funding has accelerated market expansion, insurance partnerships, and technological upgrades while helping maintain its valuation of $1B.

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Quick facts

Total funding: $523M
Valuation: $1B

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