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Mar 12, 2024 · Turo, which allows people to rent out personal vehicles, was able to fill the niche. From 2021 to 2023, Turo’s net revenues have grown nearly 88% to $879.6 million last year. The company has ...
Turo has raised a total of. obfuscated. in funding over 14 rounds. 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
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 ...
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Mar 8, 2024 · In 2019 Turo raised a $250 million Series E led by IAC that gave it a $1.25 billion post-money ... but its growth rate has dramatically declined in the last two years. In 2021 Turo’s growth ...
Oct 23, 2024 · Turo raised $35M in its latest funding round, which was Series F round held on Apr 03, 2022. How much funding has Turo raised till date? Turo has raised a total funding of $523M over 16 round s .
Aug 9, 2024 · Turo said it swung to $9.92 million in net income in the first half of 2024, after losing $22.92 million in the year-ago period. Revenue for the first six months of 2024 rose 9.7% to $452.72 million.
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Mar 24, 2023 · In 2022 Turo generated revenue of $746.6 million, up 59% from the $469 million it brought into the business in 2021. That growth was powered, in part, by a large boost to spending at the company ...
