Turo (company)
| Formerly | RelayRides (2009–2015) |
|---|---|
| Company type | Private |
| Industry | Car sharing |
| Founded | August 12, 2009 in Boston, Massachusetts, U.S. |
| Founder | Shelby Clark |
| Headquarters | Hunter–Dulin Building, , U.S. |
Area served |
|
Key people | Andre Haddad (CEO) |
| Revenue | US$879.7 million (2023) |
| Owner | IAC Inc. (31%) |
Number of employees | 931 (2023) |
| Website | turo |
Turo Inc. is an American peer-to-peer carsharing company based in San Francisco, in the United States. The company allows private car owners to rent out their vehicles via an online and mobile interface in four countries (the United States, Canada, United Kingdom, and Australia) and new corporate owners to rent out their cars in France in addition to the four previous countries.
In July 2019, the American holding company IAC invested $250 million in Turo, a deal that valued the company at more than $1 billion. According to company filings, as of March 2024 the site had 360,000 active vehicle listings.