Getaround

The World's Most Innovative Companies 2016Car-sharing company Getaround has been on the scene since 2011. The company lets car owners rent out their vehicles when they're not using them, which could reduce emissions and gridlock in cities while letting car owners make some extra cash. The company's patented Connect hardware makes the process safe and convenient by letting renters find and unlock a car remotely and allowing owners to keep tabs on their car while it's in use. In 2015, Getaround expanded to 10 additional cities, including Washington, D.C., where it has 30,000 sign-ups, and Chicago, where it received a federally funded $715,000 grant to study the impact of car-sharing in the Windy City. The company doubled its revenue from March to September of 2015, and this year Getaround plans to invade New York City, where it says it already has more than 10,000 members.

Lists

2016: Automotive

Data

valuation: Was $200 million in November 2014

public or private: Private

revenue: Revenue in the "tens of millions of dollars," according to founder and marketing director Jessica Scorpio.

staff: 120

users: 300,000-plus users nationwide as of December 2015; 2,000-plus cars as of December 2015

headquarters: San Francisco, CA

Competition: Uber

Stories about Getaround

Fast Company

How To Get Around The Peak Car Conundrum

We have tons of cars–and tons of congestion. But new breakthroughs in connecting cars to the cloud (and eliminating the need for car ownership) show what a better future for cars might look like.

Fast Company

Uber: When Innovation Outpaces The Law

While a disruptive service can be created by a couple of geeks with laptops, laws are born within the snarl of slow bureaucracy. They need time to catch up.

Fast Company

Not Driving? Getaround Lets You Make Cash By Renting Your Idle Car For Months At A Time

Formerly concerned just with short-term rentals, the peer-to-peer car sharing service is moving into new territory.

Fast Company

The Potential For Pitfalls And Success In The Sharing Economy

It seems like every day sees the launch of another collaborative consumption startup. Today’s launch: Sidecar, which is akin to Uber with non-professional drivers. Are we really good enough people to be sharing everything?

Fast Company

Getaround Will Make Every Car A Rental Car

Fast Company

Start Your Engines: Peer-To-Peer Carsharing Is Now Available Wherever You Live

Covet your neighbor’s car? You might get a chance to get behind the wheel, as RelayRides has expanded nationwide, potentially taking the idea of all of us sharing cars to a new level of popularity.

Fast Company

Can Getaround Convince People To Rent Their Cars To Strangers?

Fast Company

The Sharing Economy

Thanks to the social web, you can now share anything with anyone anywhere in the world. Is this the end of hyperconsumption? | Illustration by Craig Robinson

Getaround

Stories about Getaround

How To Get Around The Peak Car Conundrum

We have tons of cars–and tons of congestion. But new breakthroughs in connecting cars to the cloud (and eliminating the need for car ownership) show what a better future for cars might look like.

Uber: When Innovation Outpaces The Law

While a disruptive service can be created by a couple of geeks with laptops, laws are born within the snarl of slow bureaucracy. They need time to catch up.

Not Driving? Getaround Lets You Make Cash By Renting Your Idle Car For Months At A Time

Formerly concerned just with short-term rentals, the peer-to-peer car sharing service is moving into new territory.

The Potential For Pitfalls And Success In The Sharing Economy

It seems like every day sees the launch of another collaborative consumption startup. Today’s launch: Sidecar, which is akin to Uber with non-professional drivers. Are we really good enough people to be sharing everything?

Getaround Will Make Every Car A Rental Car

Start Your Engines: Peer-To-Peer Carsharing Is Now Available Wherever You Live

Covet your neighbor’s car? You might get a chance to get behind the wheel, as RelayRides has expanded nationwide, potentially taking the idea of all of us sharing cars to a new level of popularity.

Can Getaround Convince People To Rent Their Cars To Strangers?

The Sharing Economy

Thanks to the social web, you can now share anything with anyone anywhere in the world. Is this the end of hyperconsumption? | Illustration by Craig Robinson

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