GetAround Garners $24,000,000 Series B Funding Round

  • Feed Type
  • Date
    11/20/2014
  • Company Name
    GetAround
  • Mailing Address
    20 S. Akron Rd Moffett Field, CA 94035 USA
  • Company Description
    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.
  • Website
    http://www.getaround.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $24,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This latest round of investment brings Getaround’s total funding to over $40 million. With this strategic investment, Getaround will expand its on-demand carsharing service into major U.S. markets, starting with Oakland, Portland, and launching on the East Coast with Washington D.C.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor