RelayRides, a San Francisco-headquartered person-to-person car-sharing startup with an office in Boston, has raised $5.1 million of an equity-based funding round that could total $5.9 million, according to an SEC document filed yesterday. The company, which started in Cambridge and last year participated in the Boston incubator program MassChallenge, announced in December that it had nabbed an undisclosed amount of funding from Google Ventures and August Capital and was relocating its headquarters to San Francisco as it launched its car-sharing service there. Howard Hartenbaum of August Capital and Google Ventures’ Joe Kraus are listed as RelayRides directors on the SEC filing, which also notes that the funding comes from 19 investors.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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