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How much funding has Turo raised over time? Turo has raised $528M. Who are Turo’s investors? Bossa Invest, Irving Investors, Medici Capital Partners, Phoenix International Investments, and Acuity Partners are 5 of 62 investors who have invested in Turo. Who are Turo’s competitors? Jeeny, Careem, Virtuo, HiyaCar, and Carbar are some of the ...
- Match Group
United States +1 (214) Match Group Timeline ... Total...
- Match Group
Mar 8, 2024 · In 2019 Turo raised a $250 million Series E led by IAC that gave it a $1.25 billion post-money valuation according to PitchBook. Crunchbase counts Turo’s total funding to date at just around...
Aug 9, 2024 · For full-year 2022, Turo reported $154.7 million in net income on revenue of $746.6 million, up from a 2021 loss of $40.38 million on revenue of $469.05 million.
Oct 23, 2024 · Turo has raised a total funding of $523M over 16 rounds from 50 investors. Investors include Kleiner Perkins, Cross Creek and 48 others. Their latest funding round was of $35M on Apr 03, 2022 .
Their latest funding was raised on Aug 29, 2023 from a Secondary Market round. Turo is funded by 32 investors. Irving Investors and G Squared are the most recent investors. Turo has acquired 4 organizations. Their most recent acquisition was OuiCar on Jun 1, 2022.
- Nabeel Al-Kady, Shelby Clark, Tara Reeves
Jun 3, 2022 · Among the companies in our analysis, only Turo experienced a year-over-year decline—of 3 percent—in sales per customer in April 2022. Average sales per customer grew the most year-over-year at Hertz Global Holdings, with a 7 percent increase. In addition, consumers are spending the most at Turo.
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What happened to Turo?
Turo may be growing as evidenced by several indicators. The company announced the launch of hosting teams to support hosts' growing businesses on the platform, which suggests an expansion of services and support for an increasing number of users. Additionally, Turo reported a total revenue of $408 million for the first half of 2023, indicating ...