# Turo

> Turo is the world's largest peer-to-peer car-sharing marketplace, connecting people who want to rent a car with everyday car owners who list their vehicles. Instead of a fleet of identical sedans behind an airport counter, Turo offers roughly 340,000 cars across 1,600 makes and models - from electric Teslas and pickup trucks to convertibles and classic exotics - bookable through an app or website. The platform handles transactions, host protection plans, liability insurance and roadside assistance, letting owners earn income from idle cars and guests find the exact vehicle they want, often delivered to the airport or their door.

- **Founded:** 2009
- **Headquarters:** San Francisco, California, United States
- **Founders:** Shelby Clark (Founder (originally RelayRides)), Nabeel Al-Kady (Co-founder), Tara Reeves (Co-founder)
- **Team size:** ~800 employees (cut ~15% / ~150 roles in early 2025 after shelving IPO plans)
- **Products:** Turo Marketplace (app & web), Host Protection Plans, Roadside Assistance, Host Tools, Car Delivery
- **Notable:** Largest peer-to-peer car-sharing marketplace in the world., ~340,000 vehicles spanning 1,600 makes and models across 16,000+ cities., Facilitated $2.5B in gross booking value in 2024 and paid hosts ~$1.5B.

## Products & services

- **Turo Marketplace (app & web)** — Peer-to-peer platform where guests browse, book and pay for cars listed by individual hosts across 16,000+ cities.
- **Host Protection Plans** — Tiered earnings plans bundling third-party liability insurance (up to $750,000, underwritten by Travelers Excess and Surplus Lines) and physical-damage reimbursement from Turo.
- **Roadside Assistance** — 24/7 support for guests and hosts during trips, included with protection plans.
- **Host Tools** — Dynamic pricing, calendar and listing management, and analytics that help owners run one car or a small fleet as a business.
- **Car Delivery** — Hosts can deliver vehicles to airports, hotels or custom locations, including aerial/airport pickup options.

## Achievements

- Largest peer-to-peer car-sharing marketplace in the world.
- ~340,000 vehicles spanning 1,600 makes and models across 16,000+ cities.
- Facilitated $2.5B in gross booking value in 2024 and paid hosts ~$1.5B.
- Reached $1B+ valuation (unicorn) with the 2019 IAC-led round.
- Grew from RelayRides into an international brand operating in five countries.

## Latest updates

- **2025-10** — CEO Andre Haddad told CNBC he is 'very excited about the state of EV' adoption on the platform and positioned Turo as a leasing alternative for access-over-ownership consumers.
- **2025-01** — Turo shelved its IPO plans and cut roughly 15% of its workforce (~150 employees) amid uncertain public-market conditions.
- **2025** — Company guided to being on track for approximately $1B in annual revenue.

## Links

- Website: https://turo.com
- LinkedIn: https://www.linkedin.com/company/turo
- Twitter/X: https://twitter.com/turo
- YouTube: https://www.youtube.com/turo
- Instagram: https://www.instagram.com/turo
- Facebook: https://facebook.com/Turo/
- TikTok: https://www.tiktok.com/@turo

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Profile page: https://yespress.io/turo
Published by YesPress — https://yespress.io
Last updated: 2026-06-20