Getaround

This company wants your car to start paying your rent

Co-Founders:
Elliot Kroo, 25; Jessica Scorpio, 28
2015 Revenue:
$10 M
Industry:
Consumer Products & Services
Location:
San Francisco CA 
Founded:
2009
Employees:
85
Raised:
$43 M

Getaround's peer-to-peer car-sharing platform allows car owners to defray the cost of their vehicles by renting them by the hour or daily to folks who don't want or need wheels 24/7. The environmental impact, according to co-founder Jessica Scorpio, has huge potential: One car on Getaround takes 10 cars off the road and can offset 100 million pounds of carbon emissions. The company now operates in 10 cities, has a fleet of 2,000 cars and 300,000 users, and has grown revenue to more than $20 million. Car owners who rent their vehicles on Getaround can earn up to $10,000 a year. A growing number of owners have even begun purchasing small fleets of cars and are starting their own businesses on Getaround. Along with co-founders Elliot Kroo and Sam Zaid, Scorpio worked with legislators in California, Oregon, and Washington state to pass laws enabling car sharing. New York is next.
Note: All data as of 1/31/16

MORE COMPANY INFORMATION

Website:
getaround.com