Financials

Estimates*

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Revenues, earnings & profits over time
USD202020212022202320242025
Revenues58.7m63.1m59.5m72.7m80.0m89.6m
% growth-7 %(6 %)22 %10 %12 %
EBITDA(131m)(86.6m)(124m)(68.6m)--
% EBITDA margin(222 %)(137 %)(208 %)(94 %)--
Profit(165m)(120m)(136m)(114m)--
% profit margin(281 %)(190 %)(229 %)(157 %)--
R&D budget17.5m17.8m24.7m16.1m--
R&D % of revenue30 %28 %42 %22 %--
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Seed

N/A

Seed

$3.4m

Seed

$1.7m

Grant

$5.0m

Series A

$13.9m

Series A
N/A

N/A

-

$24.0m

Series B

N/A

-

$10.0m

Series C

$45.0m

Series C
N/A

$22.1m

Valuation: $622m

Series D
*

$300m

Valuation: $840m

Series D

N/A

Convertible

$140m

Valuation: $1.5b

Series E

$25.0m

Debt
*

$225m

Valuation: $1.2b

19.0x EV/LTM Revenues

-13.8x EV/LTM EBITDA

SPAC IPO
*

$20.0m

Post IPO Debt
*

$300m

Post IPO Debt
*
N/A

$50.0m

Post IPO Debt
Total FundingCAD771m

Recent News about Getaround

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More about Getaround
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Getaround is a peer-to-peer car-sharing platform that connects people who need a vehicle with those who have one available. Founded in 2009, Getaround allows car owners to list their vehicles for rent on a flexible schedule, enabling them to earn money from their underutilized cars. Renters can browse a variety of vehicles through the Getaround app or website, ranging from compact cars to luxury models, and book them for short-term use, whether it's for a few hours or several days.

The platform is designed to provide a convenient and cost-effective alternative to traditional car rental services, offering users access to nearby vehicles with the ease of a few clicks. Getaround vehicles are equipped with proprietary technology, known as the Getaround Connect®, which allows renters to unlock and start the car using their smartphone, eliminating the need for in-person key exchanges.

Getaround operates in various cities across the United States and Europe, catering to a wide range of transportation needs, from running errands to weekend getaways. The platform emphasizes safety and trust, providing insurance coverage and 24/7 roadside assistance for every trip. By promoting car sharing, Getaround aims to reduce the number of cars on the road, contributing to more sustainable urban mobility.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Getaround

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Drivy
ACQUISITION by Getaround Apr 2019
HyreCar
ACQUISITION by Getaround May 2023
Nabobil
ACQUISITION by Getaround Jun 2019