Tech Company Financing Transactions
Getaround Funding Round
Cox Automotive, Menlo Ventures and SOSV invested in a $24 million Series B capital raise for Getaround. The funding round was announced by the company on 11/20/2014.
Transaction Overview
Company Name
Announced On
11/20/2014
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors
Cox Automotive (Lead Investor) (David Liniado)
Menlo Ventures (Shervin Pishevar)
Proceeds Purpose
This latest round of investment brings Getaround's total funding to over $40 million. With this strategic investment, Getaround will expand its on-demand carsharing service into major U.S. markets, starting with Oakland, Portland, and launching on the East Coast with Washington D.C.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1157 Harrison St. MS 20-1
Moffett Field, CA 94103
USA
Moffett Field, CA 94103
USA
Phone
Website
Email Address
Overview
Social car sharing: Rent cars by the hour from people around you. Start renting out yours today and earn cash.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Zaid
VP - Engineering
Elliott Kroo
VP - Marketing
Jessica Scorpio
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Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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