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Will Getaround Expand Toyota Lease Incentive Program With $45MM Funding?

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2016_Toyota_Prius_Two_07_6B0CB0FD20565D5D04C96B6E6A0FF232B94F03B4Getaround plans to open up its peer-to-peer carsharing platform to five additional markets this year, including potentially New York, thanks — in part — to the $45 million it raised in Series C funding, Mobility Buzz has learned.

The expansions will mark 2017 as Getaround’s biggest expansion year, Jacqueline Tanzella, director of marketing communications at Getaround, told Mobility Buzz.

The funding round was led by Braemar Energy Ventures, with participation from Toyota Motor Corp. and China’s SAIC Motor, as well as existing investors Triangle Peak Partners and Menlo Ventures.

 


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