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Jan 11, 2022 · The company proposes to sell $100 million of stock, but that figure could change as Turo gets closer to its public debut. Founded in 2010, the San Francisco-based company allows people to...
- Andrew J. Hawkins
Aug 9, 2024 · Turo has raised about $498 million in financing, including capital from GV, Shasta Ventures, August Capital, Trinity Ventures, Canaan Partners and Quiet Capital, according to Forge Global,...
Feb 21, 2024 · Turo’s financial trajectory reveals a blend of remarkable revenue growth coupled with profitability concerns. The company saw its revenue soar from $469 million in 2021 to $746.6 million in 2022, with U.S. sales in April 2022 being 419% higher than in April 2019.
Jan 10, 2022 · (Reuters) -Daimler AG-backed car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time,...
Jan 10, 2022 · In its public filing Monday, Turo listed the size of the offering as $100 million, a placeholder that will change when terms of the share sale are set.
Jan 10, 2022 · Turo, based in San Francisco, filed to sell up to $100 million worth of shares, although that figure is often a placeholder used to calculate fees. The company plans to list its stock on the...
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Jan 11, 2022 · The U.S. peer-to-peer rental platform, a kind of AirBnB for carsharing, could raise $300 million with its NYSE listing, according to analysts.