Turo

Turo

Private
San Francisco, CaliforniaMobility, Transportation & Logisticshttps://www.turo.com

Last Round

Growth Equity

4/3/2022

Total Funding Raised

$504.1M

Company Overview

Turo is a car-sharing company that offers a peer-to-peer platform allowing individuals to rent vehicles from local car owners through an online and mobile interface, complete with features like GPS monitoring, remote unlocking, and smart card entry to help owners earn extra income when their cars are not in use.

Sector

Mobility, Transportation & Logistics

Verticals

Car Sharing, E-commerce, InsurTech, Mobile Commerce

Business Model

B2C

Customer Profile

Marketplace Commission, Revenue Share

AI Layer

Application

Keywords

peer-to-peer car sharingcar sharing marketplacecar rental platformP2P car rentalAirbnb for carsasset-light modelcar ownership alternativesharing economycar rental insurancerevenue share modelkeyless entryvehicle delivery

Historical Pricing

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Caplight Momentum Score

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Turo Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Turo Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Growth Equity4/3/2022
Series E Extension2/5/2020
Series E7/17/2019
Series D Extension4/16/2018
Series D9/6/2017
Series C
11/3/2015

Key People

Founding team and executive leadership

Dustin Jihua Liu

Founder CEO Of Snowball Rental

Founding Team

Ihsan Yaman

CEO

Executive Team

Tosha Dortch

CEO

Executive Team

Tuss Outland

Chief Executive Officer

Executive Team

Turo Investors

Notable investors and investment history

InvestorRounds
Founders Circle CapitalSeries D
Allen & CompanySeries E Extension
Sumitomo Corporation Equity AsiaSeries D
Liberty Mutual Strategic VenturesSeries D
GM VenturesSeries A
GVSeries D, Series B, Series A, Series C
The Westly GroupSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 16, 2026

    Opened new offices in France as part of Western Europe expansion.

  • Apr 14, 2026

    Recognized on USA Today's America's Best Customer Service 2026 list.

Turo Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Turo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Turo's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range1,722
Year Founded2010
Last Funding4/3/2022

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